In the decade since the collapse of Lehman Brothers triggered the global financial crisis, governance and leadership roles in banking have been transformed for the better. But is it now time for banks to assess progress, and question whether it is necessary to reduce the regulatory burden and the increasingly one-size-fits-all approach taken by supervisory bodies?
Cybersecurity has become one of the biggest concerns for boards and investors. FTSE 350 audit committee chairs and institutional investors recently discussed how boards can best protect their companies—particularly ahead of the new data protection law in May.
The real skill in risk management is not preventing past crises from recurring, but learning from them and identifying root causes to prevent them happening at all, explains Anthony Fitzsimmons of Reputability.