The first consultation paper to be published by the Banking Standards Review has been published: see here (pdf). The paper sets out proposals for the creation of a new organisation to champion better banking standards in the UK. This organisation will define and publish good practice standards concerning behaviour and competence and will also accredit training programmes meeting these standards. Metrics are proposed in order that bank boards are able to benchmark their performance.
Tuesday, 11 February 2014
UK: Banking Standards Review - consultation paper published
The first consultation paper to be published by the Banking Standards Review has been published: see here (pdf). The paper sets out proposals for the creation of a new organisation to champion better banking standards in the UK. This organisation will define and publish good practice standards concerning behaviour and competence and will also accredit training programmes meeting these standards. Metrics are proposed in order that bank boards are able to benchmark their performance.
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