Promoting corporate diversity in the financial services sector.
This article sets out a detailed and realistic strategy for achieving the diversity in financial services to which the UK Government's Coalition Agreement is committed. Diversity of ownership types and business models creates a corresponding diversity in forms of corporate governance; risk appetite and management; incentive structures; policies and practices; and behaviours and outcomes. It also offers wider choice for consumers through enhanced competition that derives in part from the juxta...Expand abstract
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