An Overview of the Report
The Report is a collation of the views expressed at a colloquium held in New York City last year on November 3rd and 4th by 55 participants from international financial institutions, major accounting and law firms, academia, media and policy institutes, including seventeen who chair or who have chaired relevant regulatory agencies. Paul A. Volcker, Chairman of the President’s Economic Recovery Advisory Board, provided the opening talk of the colloquium. Judge Richard Posner of the U.S. Court of Appeals for the Seventh Circuit was the other principle speaker.
The topics of the moderated panel discussions were:
• Board Structure and Accountability,
• Risk Management and Oversight,
• Executive Compensation, and
• The Role of Regulators, Authorities, and Investors in Shaping Corporate
Governance in Financial Institutions
See full Press Release.