Internal Auditing – What Shall I Tell My Daughter?
This week witnessed my daughter’s 24th birthday. As is tradition I normally take her out for a meal and enquire about her life and career. What became clear over the…
A Sobering Thought
Here’s why you should not GOSSIP. In Ancient Greece, Socrates had a great reputation of wisdom. One day, someone came to find the great philosopher and said to him: –…
An Holistic Approach to Organisational Culture Trumps “Risk Culture”
My first day of work coincided with the advent of Margaret Thatcher and what I would refer to as an outright experiment with capitalism with a very low safety net…
The Gamestop World – Is This Conscious Capitalism
My first day of work coincided with the advent of Margaret Thatcher and what I would refer to as an outright experiment with capitalism with a very low safety net…
Looking Back to Look Forward
Yesterday was my 60th birthday – an opportunity to look back on my life and maybe, with a small yet growing degree of unease an invitation to look forward. My…
What Makes A Competent Financial Services Internal Auditor?
This is a question I am frequently asked. What is clear is that many financial services institutions have either not identified the answer to this question nor taken meaningful steps…
Conduct Risk Management – The Essential Ingredients
What are the essential ingredients of a framework designed to ensure that a financial services institution manages its conduct risks appropriately. First of all one needs to clearly define what…
The Need for Lateral Thinking Processes
As risk managers and internal auditors are our thought processes and working practices suited to the challenges we face? We are employed to spot the next big disaster around the…
Cyber Heist of the Century
A very small part of me has always been slightly attracted to the notion of Robin Hood robbing the rich to feed the poor. For that reason, I find a…
THE NEW INDIVIDUAL ACCOUNTABILITY REGIME
Monday 7th March 2016 is an important date in the evolution of financial services regulation in the UK. This is the date that sees the launch of the new individual…