Wednesday 20 July 2011

UK: ICB should consider corporate governance says Treasury Committee

The Commons Treasury Committee has today called for the Independent Commission on Banking to consider how corporate governance in banks could be improved to enhance the stability of the financial stability: see here. According to the Committee's chairman, Andrew Tyrie MP, "The failure to address the issue of corporate governance was a serious omission in the ICB’s interim report. It must be tackled head-on in the final report."

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