Effective oversight of corporate ethics, compliance, and culture remains a priority for boards. A range of stakeholders—including regulators, law enforcement, and investors—have signaled the importance of culture in driving ethics and integrity and…
Board and committee effectiveness, Boards and General Management, Board risk oversight
On March 16th, BGLN participants met in London and shared perspectives on the recent banking crises, including the failure of Silicon Valley Bank and distress at Credit Suisse and related market volatility, and the implications for banks, risk…
Governance, Regulation and supervision, Risk management and oversight / Banking
As regulatory and risk environments become more complex, so too does the role of internal audit (IA) in public companies. In this session, audit executives from Citigroup and GE described how they approach keeping up with the full range of risks…
Compensation committees have adapted to a rapidly evolving business and risk environment. As 2023 gets underway, committees continue to broaden their agendas into oversight of talent strategy and human-capital management issues even as turnover and…
Board and committee effectiveness, Boards and General Management, Executive Compensation
On November 15 and December 12, participants from the Insurance Governance Leadership Network met in London and New York, respectively, to discuss reaching the next generation of insurance customers. This ViewPoints draws on these meetings and…
Conduct and culture, Innovation and technology, Financial services leadership and talent / Insurance and Asset Management
Investor perspectives on public companies
On November 17 in London and December 6 in New York, Bank Governance Leadership Network (BGLN) participants met to discuss enhancing operational resilience and agility in banking in the face of the risks and challenges posed by the current…
Innovation and technology, Regulation and supervision, Risk management and oversight / Banking
Audit tenders have become more frequent in Europe, in part due to the European Union’s Audit Regulation and Directive (ARD). The process can be complex and time-consuming for audit chairs, who often play a lead role. On 1 December 2022, Tapestry…
Corporate directors are keenly aware of the critical nature of corporate culture for a firm’s reputation, performance, and long-term value, but they acknowledge that culture is a particularly challenging area to evaluate and oversee. The Ethics,…
Board and committee effectiveness, Boards and General Management
The work of compensation committees has never been more critical or more difficult. The Compensation and Talent Governance Network (CTGN) is a select, invitation-only group of committee chairs from leading companies in North America. Members meet…
Board and committee effectiveness, Boards and General Management, Executive Compensation