What is really required to fix Australian corporate governance is wholesale change in prudential regulation, corporate law, competition law, and electoral law, writes Andrew Linden.

The damages follow a ruling that PwC failed to design an audit to detect fraud at Alabama Colonial Bank.

France’s Financial Stability Council orders banks to keep aside an additional capital buffer to cover potential risk related to growing private sector borrowing.

Australia’s largest bank receives AU$700m fine for failings on money laundering regulation, thought to be the biggest civil penalty ever imposed in Australia.

Investor bodies raise doubts about variable pay elements in remuneration for Credit Suisse executives.

Research finds improvement in the ethnic diversity of talent pipeline for banking and finance, but only a marginal lift in the number of boardroom positions held by non-white directors.

Parliamentary banking group heavily criticises RBS chief executive Ross McEwan for what it describes as “offensive comments” relating to owners of distressed businesses.

European financial institutions should improve the diversity of their management bodies to overcome the risk of ‘group think’ and ensure sound governance, say European banking authorities in new guidelines published this week.

Technological transformation is coming fast, with Blockchain, artificial intelligence and robotics all set to radically impact the way we do business. But are boards prepared to see this as the catalyst for radically changing strategy?

Since 2012 corporate borrowers have been able to source funding at prices close to historic lows, and banks have been keen to lend. But all that could change as uncertainty casts a shadow over the economy and new regulations begin to bite.