Tag: Prudential Regulation Authority
Why we need to value whistleblowing
Encouraging staff to speak up and stop harm can reduce legal and reputational risk—both for the organisation and its board members.
MPs call for ban on state aid for firms using tax havens
UK politicians have urged the chancellor to exclude businesses using tax havens from state aid, with a moratorium on dividends and curbs on CEO pay.
Regulators make climate demands of financial services
The Bank of England regulator has published proposals on what it expects the boards of financial services firms to do to tackle climate risk.
Governance shaped by climate, tech and demographics
Two surveys out this week reveal the growing urgency for organisations to come to terms with the way governance is shaped by climate and other issues on society’s agenda.
Regulators demand IT security plans from financial services firms
Financial regulators have given banks and financial services firms three months to explain how they maintain IT security and resilience.
Boards should be keeping banks to ‘spirit of regulation’, says regulator
Banking regulator has spotted banks involved in “regulatory arbitrage”, and says that boards should be responsible for keeping their institutions in line.
Barclays’ CEO risks shareholder backlash over whistleblowing scandal
Proxy advisers have proposed that shareholders abstain from voting on the reappointment of Barclays’ chief executive Jes Staley, following his attempt to uncover the identity of a whistleblower.
City watchdog reveals governance expectations
New governance proposals detail the role of chairmen and non-executives in “sustainable” strategy.