Your job, my job, our job – the balance between Boards and management in governance

One of the principles of traditional governance is that a board oversees rather than manages. Both activities involve inspecting. While it is normally the boss who inspects, it is worth noting that both parties have the same objective: getting it right. Inspector and inspected are on the same team. As such boards participate in decision-making because as[…]

Governance – taming the beast

If you take an interest in the conduct and regulation of banks, you encounter the word, “governance,” almost immediately. The Australian Prudential Regulatory Authority (“APRA”) has a standard with that title.1 The Basel Committee on Banking Supervision (“BCBS”) has issued a series of documents on “corporate governance for banks.” The newest version (the “2014 Guidelines”)2[…]