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Articles on Bank governance

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Canadian bank boards are bigger, much bigger. It means they can deal with what’s in front of them. Shutterstock

Pro tip for Australia’s banks: imagine you are in Canada

Evidence before the royal commission suggests Australian bank boards have been overpaid, underskilled and understaffed compared with those overseas.
Too much or too little information? The role of a secretary is to get the balance right. Shutterstock

So what’s a secretary to do? Banking Royal Commission raises questions about what’s in minutes

Proceedings at the banking royal commission suggest if it isn’t in the minutes of a board meeting, the board didn’t consider it. It makes the role of the company secretary critical.
The royal commission has left AMP with a lot of explaining to do, much of it related to how performance targets drove poor behaviour. Daniel Pockett/AAP

Five steps business can take to ensure aggressive performance targets don’t drive bad behaviour

Pressure to meet ever-higher performance targets can lead to misconduct of the sort exposed by the royal commission. Targets need to operate within a framework of ethical governance to avoid this.

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