Principles for Enhancing Corporate Governance

Bank for Internaional Settlements, March 2010

Article posted on 31 Jul 2010

Download this article

Summary: BIS have issued this consultative document which sets out best practices for banking organisations. The principles address what are seen as fundamental flaws in current banking practice that became apparent during the financial crisis. The principles also stress the importance of board and senior management having a clear knowledge and understanding of the bank's operational structure and risks. This includes risks arising from special purpose entities or related structures.

Topics: Corporate Governance