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17 Oct 2014, 4:15 pm
Specifically, the revised principles: strengthen the guidance on risk governance, including the risk management roles played by business units, risk management teams, and internal audit and control functions (the three lines of defence) and the importance of a sound risk culture to drive risk management within a bank; expand the guidance on the role of the board of directors in overseeing the implementation of effective risk management systems; emphasise the importance of… [read post]
18 May 2007, 11:52 am
The staff of the World Bank have waited - patiently - for nearly six weeks, trusting that the Board of Directors would reach a solution that reflects the Development Committee's statement of April 15th. [read post]
22 Feb 2011, 8:00 pm
The Central Bank has issued ´Guidance notes for the supervisory board of supervised financial institutions´ (the “Notes”), i.e. for institutions like banks and insurance companies. [read post]
21 Sep 2011, 8:26 am
The Sarbanes-Oxley Act of 2002 requires companies and boards of directors to obey financial regulations meant to avoid corporate collapses such as Enron and WorldCom. [read post]
4 May 2009, 11:00 am
Several directors serve on other boards. [read post]
17 Sep 2007, 5:16 am
ABN Amro, the largest Dutch bank, reiterated that while the bid from a group led by the Royal Bank of Scotland is financially superior to a rival offer from Barclays, it [...] [read post]
21 Apr 2009, 7:30 pm
For, say, a bank holding company like Goldman Sachs, the law says the appropriate authority is the Board of Governors of the Federal Reserve System as the consultant. [read post]
1 May 2012, 6:01 am
As we all know, Bank of America's stock is in the trash, at 8 dollars and falling, and down over 30% in the last 12 months alone.Shareholders sued, and now some are objecting to a proposed $20 million settlement of the litigation, accusing the Board of collusion with the lead plaintiffs in the suit.Judge Castel in the Southern District of New York will decide the issue this month.BofA directors fight back over $20 million settlement [read post]
7 Aug 2012, 5:00 am
Directors serving on other boards include Mr. [read post]
22 Aug 2017, 11:20 am
Members of Institutions’ boards of directors are expected to “set the right tone at the top” by elevating the importance and awareness of the Institution’s cybersecurity policies and procedures. [read post]
21 Mar 2017, 7:46 am
Boards of directors owe a fiduciary duty to the association’s members. [read post]
24 Mar 2015, 7:00 pm
The Federal Reserve Board determined that the three foreign banking organizations must take immediate action to improve their resolvability and reflect those improvements in their 2015 plans. [read post]
4 Aug 2020, 9:00 pm
The group’s board of executive directors approved a loan of $15 million to the Republic of Moldova for the third additional financing of the Moldova Agriculture Competitiveness Project (MACP). [read post]
28 Jun 2009, 7:00 am
Mackell is a former Chairman of the Board of Directors of one of our Federal Reserve Banks. [read post]
17 Feb 2013, 12:53 pm
One of the issues there is that the use of formal powers might be something that is escalated more apparently to the board than if you are using a more informal arrangement, or the seriousness may strike home to the board. [read post]
16 Oct 2023, 2:21 pm
If that had been right, it would have represented a significant broadening of the jeopardy faced by non-executive directors on the boards of high-profile UK companies which fail. [read post]
6 Oct 2011, 8:22 am
Walther to be a Member of the Board of Directors, Export-Import Bank of the United States. [read post]
12 Nov 2020, 8:00 am
Please include Assistant to the Director in the subject line of the email. [read post]
29 Mar 2017, 11:45 am
The IOA has announced the results of its recent election for the Board of Directors. [read post]
14 Oct 2019, 9:58 am
The following individuals were appointed by NYDFS Secretary Lacewell to serve on the advisory board for a three-year term beginning in 2019: Seth Frotman, Executive Director, Student Borrower Protection Center (Mr. [read post]
