U.K. Banks Pressed On Internal Audits

Andrew Bailey, deputy governor for prudential regulation at the Bank of England and ceo of the Prudential Regulation Authority, and Martin Wheatley, ceo of the Financial Conduct Authority, have pressed banks to give their internal auditors the authority to challenge management on risk-taking.

  • 08 Jul 2013

Andrew Bailey, deputy governor for prudential regulation at the Bank of England and ceo of the Prudential Regulation Authority, and Martin Wheatley, ceo of the Financial Conduct Authority, have pressed banks to give their internal auditors the authority to challenge management on risk-taking.

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