ComplianceLLC's podcast

Basel III and reforms in Switzerland, United Kingdom, United States, Australia, Germany, Mexico, Netherlands, Spain. Visit the Reading Room of the Basel iii Compliance Professionals Association, and learn every month (at no cost) what is different in the Basel iii framework and implementation guidelines around the world. This month we will discuss some recent major legislative reforms, that affect the implementation of the Basel iii framework, in Financial Stability Board jurisdictions: Switzerland, United Kingdom, United States, Australia, Germany, Mexico, Netherlands, Spain etc. We will continue with the Thematic Review on Risk Governance, Peer Review Report The recent global financial crisis exposed a number of governance weaknesses that resulted in firms’ failure to understand the risks they were taking.  In the wake of the crisis, numerous reports painted a fairly bleak picture of risk governance frameworks at financial institutions, which consists of the three key functions:  The board,