Home > DocuBase > Article

« All DocuBase Articles

 

Follow DocuTicker on Twitter   Feed

Friday, 21st June 2013

UK: Changing Banking for Good

Source: Parliamentary Commission on Banking Standards (UK)

Key recommendations:

A new Senior Persons Regime, replacing the Approved Persons Regime, to ensure that the most important responsibilities within banks are assigned to specific, senior individuals so they can be held fully accountable for their decisions and the standards of their banks in these areas;

A new licensing regime underpinned by Banking Standards Rules to ensure those who can do serious harm are subject to the full range of enforcement powers;
A new criminal offence for Senior Persons of reckless misconduct in the management of a bank, carrying a custodial sentence;

A new remuneration code better to align risks taken and rewards received in remuneration, with much more remuneration to be deferred and for much longer;

A new power for the regulator to cancel all outstanding deferred remuneration, along with unvested pension rights and loss of office or change of control payments, for senior bank employees in the event of their banks needing taxpayer support, creating a major new incentive on bankers to avoid such risks.

+ Volume I (PDF; 606 KB)

+ Volume II (PDF; 2.6 MB)

+ Press Release


Category:

Source:


Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

Adrian can be reached at adrian.janes@freepint.com

More articles by Adrian Janes »



Please note: DocuTicker's editors collect citations for full-text PDF reports freely available on the web but we do not archive these reports. When you click a link to find and/or download the report, you are leaving the DocuTicker site. DocuTicker makes no representations regarding the ongoing availability of any report or any external resource. Links were accurate as of the date of posting.

« All DocuBase Articles

 

FreePint

FreePint supports the value of information in the enterprise. Read more »


FeedLatest FreePint Content:


  • Click to view the article Product Review of Attensa (Competitors, Development & Pricing)
    Friday, 28th August 2015

    In the final part of his review of knowledge management and current awareness tool Attensa, Dale Moore looks at pricing and the way that the product is evolving. He also considers whether products such as awareness services NewsEdge.com and Linex, and also InfoDesk, LexisNexis Publisher and Manzama could be considered competitors.

  • Click to view the article Analysing Authentication Challenges & Approaches - FreePint Research
    Thursday, 27th August 2015

    Authentication solutions need to address a range of requirements, both internal and external, and operate seamlessly and invisibly to the user. Large organisations are coping with situations where they're multiplying those requirements against dozens and sometimes hundreds of suppliers, in multiple countries, on mobile devices... Find out more about FreePint's research investigating these challenges and approaches.

  • Click to view the article Product Review of Attensa (Technology - Search & User Interface; Outputs & Alerts; Administration & Help)
    Thursday, 27th August 2015

    The third part of Dale Moore's product review goes into detail about the technology behind the knowledge management and current awareness tool Attensa. The ethos of the platform is not about finding relevant information but using what you already have. This adds up to a different take on the problem of dealing with information overload.

  • ... more ...

All FreePint Content »
FreePint Topics »


A FreePint Subscription delivers articles and reports that support your organisation's information practice, content and strategy.

Find out more and order a FreePint Subscription by visiting the
completing our online form: Subscription Order page.


FreePint Testimonials

"I just wanted to let you know that I found this quick webinar very informative! I'm happy that I made time to attend. Thanks for the reminders ..."

Read more testimonials and supply yours »







 

 
 
 

Subscribe

Receive the DocuTicker Newsletter each week.

Find out more »

Article Categories

All Article Categories »

Sources

All DocuBase Sources »

Source Categories

All Source Categories »

Archive

All Archives »