News - Australia: Aon Ranks Top Three Risk Concerns for Banks and Financial Institutions
News - South Korea: FSS Administers Risk Check on Financial Institutions
Corporate governance, effective talent management and an increased dependence on technology are the top three risk concerns of banks and financial institutions, said Mr Tim Farren, Aon Australia’s National Financial Institutions Practice Group Head.
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The Financial Supervisory Service (FSS) has launched wide-ranging investigation checks into a number of financial institutions, including four insurance corporations, overseas offices of six commercial banks and the Seoul offices of two foreign banks.