Livia Li (UK)

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On 8 July the Basel Committee (BIS) issued a paper setting out 13 corporate governance principles for banks. These principles supersede the 2010 BIS principles and are to be applied and adapted by national bank regulators as they see fit.  This work has been some time in the making with a peer review conducted by the Financial Stability Board (FSB) back in 2013. The FSB found that although banks exhibit a better understanding of the…