October 21, 2002 News Archive

Governor Bies Remarks on Corporate Governance and Risk Management
In a speech last week at Fordham University School of Law, Governor Susan Bies discussed the role risk management plays in strengthening corporate governance from the views of boards of directors, management and internal control functions.

Basel Committee Publication on Cross-Border E-Banking Activities
The Basel Committee released a publication on management and supervision of cross-border e-banking activities discussing the identification of banks' risk management responsibilities and the need for effective home country supervision of cross-border e-banking activities.

Chairman Oxley Releases Findings in IPO Investigation
House Financial Services Committee Chairman Michael G. Oxley released the results of an investigation on the ties between Wall Street investment firms and their clients and the effect of these practices on average investors.