Bank boards have little time to focus on business risk, says Scotiabank chief

rick-waugh

The raft of new regulations being introduced around the world in a bid to prevent financial institutions causing another major economic crisis is limiting the amount of time top bank officials have to scrutinise risks within their businesses, according to Rick Waugh, chief executive of Scotiabank.

The new regulations include the introduction of Basel III capital and liquidity rules as well as many regional and national regulations linked to financial services, including the introduction of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: