imported>Kmacharla@treasurers.org |
imported>Doug Williamson |
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| (PCBS).
| | Phishing is an email-based fraud. |
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| The Parliamentary Commission on Banking Standards was established by the UK Parliament in 2012 to: | | The fraudsters send emails purporting to be from reputable companies or other legitimate sources, in order to induce individuals to reveal personal information, such as passwords and credit card numbers. |
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| '''A.'''
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| Consider and report on:
| | The name 'phishing' is a grim joke variant on 'fishing'. |
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| 1. Professional standards and culture in the UK banking sector, taking account of regulatory and competition investigations into the LIBOR rate-setting scandal.
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| 2. Lessons to be learned about:
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| 2.1. Corporate governance.
| | == See also == |
| | | * [[BEC]] |
| 2.2. Transparency.
| | * [[Cybercrime]] |
| | | * [[Cybercrime – A Threat And An Opportunity]] |
| 2.3. Conflicts of interest.
| | * [[Hacktivist]] |
| | | * [[Internet]] |
| 2.4. Their implications for regulation and for UK Government policy.
| | * [[Spear phishing]] |
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| '''B.'''
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| Make recommendations for legislative and other action.
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| The Commission's 2013 report proposes:
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| (1) Making the individual responsibility of senior bankers a reality.
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| (2) Reinforcing each bank's own responsibility for its own soundness and the maintenance of its standards.
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| (3) Creating better functioning and more diverse banking markets.
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| (4) Reinforcing regulators's responsibility to exercise judgement in deploying their powers.
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| (5) Specifying the responsibilities of the UK Government.
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| The Commission's report setting out its conclusions and recommendations can be downloaded here:
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| [[filepath:PCBS_report_June_2013.pdf PCBS final report June 2013]] | |
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| ==External links==
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| *[http://www.parliament.uk/bankingstandards UK Parliament: PCBS] | |
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| [[Category:Regulation_and_Law]] | |
| [[Category:Control_and_Reporting]] | |
| [[Category:Policy_and_Objectives]] | |
| [[Category:The_Treasury_Professional]] | |
Phishing is an email-based fraud.
The fraudsters send emails purporting to be from reputable companies or other legitimate sources, in order to induce individuals to reveal personal information, such as passwords and credit card numbers.
The name 'phishing' is a grim joke variant on 'fishing'.
See also
