Submission to Walker Review (exec summary)

TO SEE FULL SUBMISSION, CLICK HERE The systemic changes to banking and insurance risk governance advocated in the Draft Report by Sir David Walker represent incremental, rather than seismic, shifts.  With the possible exception of the proposals in the Draft Report on remuneration, he proposes refinements.  The refinements are well reasoned and well argued.  Particularly…

FRC review of the Combined Code: submission

From the commentaries available, it would seem that corporate governance practice in the UK has improved considerably since the Committee on the Financial Aspects of Corporate Governance was convened in the summer of 1991.  Since then, there have been numerous, considered reviews of corporate governance practice and of the Combined Code which emerged in 2000…