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Stop Press Articles
STOP PRESS is a daily newsletter provided by Risk Audit to the financial services corporate governance community designed to provoke thought concerning risk management and related control practices.
Beyond Capital: Why Banking Stability Needs a Culture Shock
The global banking system has become markedly more resilient in the wake of the 2008 financial crisis, largely due to stricter capital adequacy requirements under Basel III. These reforms, designed
Rebalancing the Safety Net: UK Society and the Push for Growth
In the shadow of Netflix’s newly released Bank of Dave 2, a story that celebrates community resilience and ethical finance, the UK finds itself at a crossroads. While the film
From Adversity to Renewal: Reflections on 2024
As we approach the close of 2024, I want to share with you a deeply personal reflection on the journey I’ve undertaken this year. It has been a year marked
Auditing Culture – A New Perspective
Let’s be honest – most readers are probably bored stiff with my constant appeals for internal auditors to focus more on organizational culture. And I get it. It’s easy to
Citi’s $81 Trillion Near Miss!
Citi’s $81 Trillion Near Miss Citi has informed the regulators that it mistakenly credited a client’s account with $81 trillion as opposed to the correct amount of $280. The error
Pisces Dismissed
Pisces Dismissed Venture capital and private equity leaders have dismissed the UK government’s idea for creating growth in private company shares are useless. The Private Intermittent Securities and Capital Exchange
Focus on Culture Rather Than Capital
Focus on Culture Rather Than Capital It is clear that US, UK and probably EU banking regulators are about to dilute the Basel capital adequacy requirements as we strive for
Apple Faces DEI Motion
Apple Faces DEI Activist Motion Tomorrow will see Apple oppose a motion filed by the National Center for Public Policy Research. The motion calls for Apple to drop its DEI
Internal Audit & Politics
Internal Audit & Politics Should internal auditors have a political view. More importantly, should internal auditors express their political views? There comes a time when the answer has to be
Trump 2.0
Trump 2.0 Today’s sees the inauguration of the 47th President of the United States of America. Donald J. Trump will complete his unlikely comeback – certainly a case study in