Governance
Structure and control for performance not for compliance
Risk Management
Using risk to make your organisation work. Not the dead hand of bureaucracy
Assurance
Making sure that what you think is happening is... and that the right people know it
Technical update
UK Corporate Governance Code: the changes to Corpate Governance in the UK are broadly good. I think there are three major issues that need to be addressed. For more click here...
Bribery risk: The new UK Bibery Act is working its way through parliament: will it get through before the election? For a good discussion see DLA Piper's excellent paper: for more click here...
Risk Management Standards Workshop Richard Anderson & Associates in partnership with the IRM will be running a series of half-day workshops during 2010. More...
Are proposed changes to banking regulation too timid? In the light of the comments by the Governor of the Bank of England, do we need to see a much more aggressive Walker Review? For more see here...
Three lines of defence - dead or alive? Following a recent hearing at the EC, the question has arisen as to the importance of TLD. For more see here...
Walker Report: you will all know that Sir David Walker published his consultation report on 16 July 2009. Some thoughts on the subject are here...
Banking to learn from retail: see an interesting blog entry from Robert Peston. I thought we had been here before. More...
Three tales of risk management: custard creams, seat belts and ERM. An unlikely mixture. More...
Delusional views of Corporate Governance: From responses to the FRC’s consultation process, boards seem to think that Corporate Governance is fit for purpose. This is delusional. More...
Lord Myners urges boardroom shake up: see his comments here...
The SFO Calls... Recessionary tales of the unexpected: Pressures to perform are making perfectly ordinary and decent people bend the truth. If you don't help them very early, the consequences can be dire... The SFO in the UK is advertising for whistleblowers to come forward. It is a good idea to get your house sorted out before someone else sorts it for you. More...
Turner Review on the future of regulation in the banking sector: some interesting aspects on corporate governance and risk management tucked away in the report. More...
G20 Communiqué: This link takes you to a copy of the communiqué from the G20 Finance Ministers. It will be interesting to see whether Corporate Governance forms part of the stronger regulatory and oversight regime: hard to imagine that it won't. More...
Compliance Programmes. Compliance is about SOX right? Wrong - it is about a wide range of issues from cartels, through corruption, data protection, heath & safety. And they can each and every one cost money, time and reputations. In these dark economic times, it is worth revisiting your compliance programmes... More...
Enterprise Risk Management. For a long time organisations have been "doing" ERM. But the world has changed dramatically. The EU, the FSA, Basel II, Solvency II, Standard & Poor's (see below) and many others are pushing ERM. Does that make sense given some of the problems? Or does there need to be a new approach. We are launching our vision of ERM2.0(SM) and begin to lay out our thinking here...
Standard & Poor's review of ERM. S&P are to include ERM in their regular discussions with organisations as part of the assessment of credit ratings... More...
BS31100, Risk Management Code of Practice. BS31100 was published in October 2008... More...
And for the best in risk management...
By the way: go to John Adams' website for some of the best and clearest thinking on risk management. Click here... But be warned: there is a lot to go through!