Tag: financial services
How information overload can threaten board effectiveness
An increased focus on risk and compliance for financial services firms has led to a rise in committees, reporting and key performance indicators. But boards must ensure that short-term targets do not hamper long-term strategic vision.
Establishing vision and values in financial services
The boards of global financial institutions must have the expertise, diversity and operational understanding to ensure effective oversight, but they must start by setting the company’s culture and strategy.
Why integrating ESG is the key to sustainable business
Investors are placing environmental, social and governance (ESG) issues at the top of their agendas, and they expect the companies they invest in to do likewise. But financial services firms need to ensure that ESG commitments are reflected in robust policies.
Strategic decision-making in a fast-changing world
The rapid pace of change in areas such as technology, global politics and demographics poses unique challenges for financial services firms. How should boards approach strategic decision-making when faced with so many near-term pressures?
A disruptive influence: how new technology is challenging boards
Technological advances are transforming not only product complexity and delivery but the shape of the financial services industry itself. The board’s understanding of AI and new technology—and the risks and opportunities it brings—needs to expand accordingly.
A new culture of compliance in a complex environment
The unprecedented pace of regulatory change in the financial services industry has led to substantial investment in the compliance function, but it needs greater support at board and executive levels in order to be effective.
Special report: Future-proofing financial services
From compliance to new technology and broader stakeholder engagement, financial services firms today must be fighting fit in order to thrive. Enter the effective board, which must govern like never before. In this special report, we outline six key areas of knowledge and insight to equip boards for the unprecedented challenges ahead.
Being prepared: The rise in internal investigations
Financial firms are involved in an increasing number of internal investigations. Boards must be ready to engage with the process should the need arise.
Action needed now on banking fraud and the erosion of trust
Privatisation and self-regulation has created a financial services sector in the west that is rife with fraud and other criminal activity, says professor Nada Kakabadse of Henley Business School.
‘Grandfather’ financial services post-Brexit to protect 36m policyholders
Financial body TheCityUK calls on the UK and EU to work together to ensure that derivatives contracts, which underpin consumer-focused financial services, don’t collapse post-Brexit.