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Published: 26th February 2013 by William Webster
This explains the role of the PRA in the regulatory regime. The approach is clear. Systemic stability and depositor’s protection is crucial. But this is not a zero failure regime. Boards should note the focus on the governance of risk.
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14th December 2009
The final recommendations of the Walker review were published on 26th November 2009. There are 39 recommendations The following paraphrases 6.1-6.12 of the report and considers what it means for the governance of risk and boards facing the regulator.