Strengthening Risk Governance in Banks: Lessons From the Design and Implementation of the Forum's Financial Markets Recovery Project
The global financial crisis exposed weaknesses in banks' corporate governance systems, particularly their risk management policies and procedures. To help banks address these problems and thereby prevent, or at least mitigate, future systemic banking crises, the Forum launched the Financial Markets Recovery Project. The lessons from the project design and rollout can inform the work of bank board directors and training professionals working with financial institutions. June 2011.