Canada - English


  • Industry: Financial Services
  • Type: Business and industry issue
  • Date: 6/24/2012

Balancing Detail and Perspective: The Fifth Line of Defence 

As sweeping global regulatory reform continues unabated, financial institutions and their boards find themselves under mounting pressure. Boards must maintain a balance between processing large amounts of detailed information while at the same time maintaining perspective in their position as the "fifth line of defence".
This article, originally published in Report on Business Magazine, takes a closer look at key issues such as the dangers of information overload, the increasing workload board membership demands and the risk of blurring the lines of responsibility between senior management and the board.

Mark L. Smith

Mark L. Smith

National Industry Leader, Financial Services


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