Banks have strengthened internal controls every year to prevent a recurrence of financial accidents, but such incidents still occur frequently. In particular, at the four major commercial banks — KB ...

On the 19th, Lee Bok-hyun, Governor of the Financial Supervisory Service (FSS), urged local banks to "move away from the culture of leniency and continuously pay attention to whether internal control ...

Dr. Johnson Pandit Asiama, the Governor of Bank of Ghana, has called on all banks to strengthen internal controls and enhance oversight of operational areas. The Governor said the responsibility for ...

Dr Johnson Pandit Asiama, the Governor of the Bank of Ghana, has called on all banks to strengthen internal controls and enhance oversight of operational areas. The Governor said the responsibility ...

FRANKFURT/MADRID, March 12 (Reuters) - European banks operating in the United States face an expensive challenge to meet tough standards set by regulators after both Santander and Deutsche Bank ...

TORONTO (Thomson Reuters Regulatory Intelligence) - Canadian banks must strengthen governance and control frameworks over sales practices and market conduct, in order to reduce a growing misconduct ...

Among the nine financial companies sanctioned by the Financial Supervisory Service over the past five years or so for poor management of real estate project financing (PF) risks, eight were savings ...

<p>Indian regulations on financial reporting are being aligned to international practices and the introduction of Internal Financial Controls (IFC) in the Companies Act 2013 is reflective of this ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

Mumbai: Audit firm Deloitte has flagged lapses in Dailyhunt parent VerSe Innovation Pvt. Ltd’s operations, saying the company did not have appropriate internal controls over the evaluation and ...