Parliamentary Commission on Banking Standards
From ACT Wiki
(PCBS).
The Parliamentary Commission on Banking Standards was established by the UK Parliament in 2012 to:
A.
Consider and report on:
1. Professional standards and culture in the UK banking sector, taking account of regulatory and competition investigations into the LIBOR rate-setting scandal.
2. Lessons to be learned about:
2.1. Corporate governance.
2.2. Transparency.
2.3. Conflicts of interest.
2.4. Their implications for regulation and for UK Government policy.
B.
Make recommendations for legislative and other action.
