How does a fast growing private equity owned firm, take its risks, manage conflicts of interest so that it can maintain its lightly externally regulated status?Was anyone strong enough to challenge the CEO?
Greensill: Potential regulatory, governance and ethical issues raised
Regulation – Did UK regulatory oversight fail? Does the appointed representative regime work? Should bank structures or activities be regulated?. SMR regime applied? Group supervision? How were COVID related programs approved?
Regulation – Did regulatory oversight fail for the bank? How were concentrations of risk monitored by the regulator? What was the bank’s risk appetite? Should depositors waive their deposit insurance? Is $10bio a systemic risk? By Chet Student, S123456
Governance – How did a PE owner manage its own conflicts?Did the PE owner invest into the bank funds? Did the GAM episode not embed learning lessons?
Governance – How does a fast growing private equity owned firm, take its risks, manage conflicts of interest so that it can maintain its lightly externally regulated status?Was anyone strong enough to challenge the CEO?
Ethics – Why was a ex UK PM an advisor and board observer for an activity which he may have had limited technical knowledge of? Did he forfeited potentially millions of upside?Did others open doors to lucrative government contracts?