Leather said she endorsed the emphasis on independent and impartial regulation, but felt that it was already "well expressed" in the commission's risk framework.
We are working on improving areas of our risk framework so that it can provide early identification, warning, and mitigation across our entire business.
Firms should also put internal consumer risk frameworks in place to ensure that they are actively identifying and managing risks as a matter of course.
If you are a company director, did you realise that you now have personal responsibility for ensuring your company's tax governance and risk framework is in good working order?
