Banks' risk governance, risk culture and incentive and remuneration policies let them down. A majority (almost six out of ten) of banks still consider their own risk governance and culture to be effective. Around half of those participating have already reviewed the way they manage risk, with most remaining respondents either involved in or about to start a review.
Banks' risk governance, risk culture and incentive and remuneration policies let them down. A majority (almost six out of ten) of banks still consider their own risk governance and culture t…