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‘Culture in financial institutions: it’s everywhere and nowhere’

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Open-access content Monday 8th May 2017

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In his keynote speech to the Hong Kong Monetary Authority, FCA chief executive Andrew Bailey defined what the regulator means by 'culture' -- which is at the heart of how the FCA assesses firms and seeks improvements where these are needed.

He also set out what he sees as the respective roles of firms' governing bodies and management and public authorities, and used two case studies -- around remuneration and governance -- to illustrate the changes that are taking place.

The full speech can be viewed at: http://bit.ly/2mS21AR

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