Basel Committee publishes Principles for Enhancing Corporate Governance

The Basel Committee on Banking Supervision yesterday published its Principles for Enhancing Corporate Governance - see here (pdf) - following a consultation earlier this year. Comments received in respect of the consultation draft are available here. The Principles are grouped into six sections: (1) board practices, (2) senior management, (3) risk management and internal controls, (4) compensation, (5) complex or opaque corporate structures and (6) disclosure and transparency.