复杂得难以管理？体制改革浪潮下的全球银行管治（英文版）.pdf

Too complex to manage? Global bank governance in a structurally reformed world “ My assessment of recent history is that there has not been a case of a major prudential or conduct failing in a firm which did not have among its root causes a failure of culture as manifested in governance, remuneration, risk management or tone from the top.” Andrew Bailey, Chief Executive of the UK FCA1 1 See “Culture in financial services–a regulator’s perspective”, May 2016, available online at http://www.bankofengland.co.uk/publications/Pages/speeches/2016/901.aspx Contents 1. Executive summary 2 2. Global bank governance in a structurally reformed world 3 3. Responding to new rules of the game 8 4. Conclusion 23 Contacts 25 Published September 2017 Too complex to manage? | Global bank governance in a structurally reformed world 1. Executive summary 1.1 An industry identity crisis “Global universal banks, Managing global banks is an inherently challenging task, and post-crisis it is more difficult than ever before. Many global banks are going through a restructuring of some which have generally kind, to change how they operate on a fundamental level, and in many cases to respond to adopted a mixture of specific regulatory requirements or political and economic shifts. Global universal banks, which have generally adopted a mixture of centralised and local business management centralised and local and controls, have had to deal with new regulatory constraints on how they design and