"Regulatory culture vultures start to circle in UK" (Article)
Markus Krebsz (Subject matter expert, Lloyds Banking Group)
| Aug 3, 2010
Markus Krebsz, Consultant & Author, has been interviewed by Risk.net's 'Operational Risk & Regulation' magazine for its August feature article "Regulatory culture vultures start to circle in the UK".
This takes a close look at potential regulatory changes that may mean that the FSA is likely to be looking at banks' & financial institutions' corporate cultures as part of the regulatory review process....
(You can view/download the article from the URL above)
Reference URL: http://www.markuskrebsz.co.uk/home/news/interviewwithprmiasweeklyalert
This takes a close look at potential regulatory changes that may mean that the FSA is likely to be looking at banks' & financial institutions' corporate cultures as part of the regulatory review process....
(You can view/download the article from the URL above)
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That is ridiculous! How any third party will come up with a "culture test" and make it anything other than a meaningless exercise that further guarantees employment for consultants, auditors and attorneys is beyond me. They must be very bored at the FSA :).