Risk Coalition begins consultation on board risk functions

Risk Coalition begins consultation on board risk functions

The Risk Coalition has issued a consultation on its ‘Principles and guidance for board risk committees and risk functions in the UK financial services sector’, which was published on 26 June.

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Wu Xiaohui, chairman of insurer Anbang, has been arrested, according to widespread reports, due to a crackdown on alleged corruption in the financial sector by the Chinese government. Reports of the arrest first appeared in the Chinese news magazine …

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