Capco: Study on Board Risk Committee Expertise at Financial Institutions in US

A comprehensive study of the existing Board Risk Committees, for the top 50 Financial Institutions in the US, was recently conducted by Capco. Overall, the study concludes that the majority (over 70%) of these institutions do not fully comprehend the requirements outlined by recent regulatory mandates, and a significant number (23%) are not currently compliant.

The recent financial crisis saw the introduction of many new and enhanced regulatory requirements from various financial services

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