Rep risk lessons from the Farage ‘de-banking’ affairBy Evgueni Ivantsov
August 21, 2023
The recent Nigel Farage de-banking case teaches an important lesson about reputational risk management. Now that the dust has settled and emotions have subsided, it’s time for risk managers to do their homework.
From a risk management standpoint, the Farage case presents a series of interconnected and ...
Shoddy first lines of defence and lax processes on reputation risk committees are undermining their original purpose — to protect the good names of banks. Little was known about these...Read more