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ASX to rejig corporate governance framework
|The ASX is looking to modernise eight core corporate governance principles, which include rejigging executive remuneration and board composition, to make them fit-for-purpose in the current environment in which ASX-listed entities operate in.
Rest calls for better alignment in default options
|Rest conducted a survey addressing concerns around the ambiguity of standardised investment options and product labels.
KPMG finds new chief executive
|The embattled consulting firm has named a new chief executive, choosing to promote from within after former chief executive Andrew Yates stepped down in June in the wake of the whistleblower scandal.
HSBC appoints structured finance chief
|HSBC Australia and New Zealand have appointed a former Deutsche Bank executive as head of structured finance.
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







Why would financial institutions want to get involved in this issue?
Surely they have enough on their plates to deal with in winning back confidence and trust with the general public.
I think if they can get their house in order maybe they can think about getting involved in wider ethical and moral issues but until then, best to concentrate on winning back trust because at the moment it is toxic.