Recent output

Groucho Redux:
Culture soup

Article by Peter Bonisch in
Financier, August 2016

view online here


Keynote speech to IRM Risk Leaders' conference 2015

Why boards don't get risk
(actually, often, they do)

Looking at what boards are being asked to do in relation to risk and why it will (and will not) improve the contribution of boards to firms' corporate strategic debate

Recent research on governance

Research on the 2014 changes to the FRC Code & risk guidance

The FRC's changes to the UK Corporate Governance Code and its related risk guidance are the most significant in fifteen years; the completely update the FRC's thinking on risk and change how corporate businesses are required to consider and disclose their risks.

On-going research

Culture in Practice – research on organisational culture

Amidst invocations to 'manage culture' coming thick and fast in the wake of analyses of failure during the global financial crisis, the Culture in Practice initiative began in 2013. Its purpose was to understand more deeply and more usefully culture in organisations. 


Our thinking from predecessor firms

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Original research

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Controlling systemic risk

A major review from 2010 of the data infrastructure required to control systemic risk.


Risk, culture & the lessons of LIBOR

Extensive official and corporate commentaries of the banking crisis and LIBOR scandal have failed to understand the nuances of corporate culture.


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Data, investment & Solvency II

Solvency II is a clear example of rationalist regulation. However, few insurance firms have the data or analytic infrasructure in place to support it.

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Articles

Taking care of business (or not)

Peter Bonisch, Mustafa Cavus & Colin Johnston, Risk & Compliance magazine, January 2014

There remains much unfinished business in relation to the financial crisis of 2008. We look at the unintended consequences of financial regulation and question what should come next.


In conversation

An interview with Tim Leech and Peter Bonisch on current issues in internal audit, ACCA Internal Audit Bulletin online, April 2013


From where I sit

Peter Bonisch, Capita Registrar's magazine November 2011

Risk management has become focused defensively on reducing risk. But firms need to take more risk, which is the source of wealth creation.


Understanding and addressing the crisis in financial regulation

Peter Bonisch, CARR Risk & Regulation, Summer 2011

The financial crisis of 2008 exposed serious flaws in the assumptions of the economics on which financial regulation is based. 

Submissions

Submission to FRC on their April 2014 consultation paper

Proposed revisions to the UK Corporate Governance Code

Peter Bonisch, Dr Colin Johnston & Dr Mustafa Cavus

Proposing language to revise the provisions in the FRC's Corporate Governance Code in relation to risk management and internal control


Hard-hitting submission to FRC in response to their consultation paper

Risk Management, Internal Control & the Going-Concern Basis of Accounting

Peter Bonisch, Dr Colin Johnston, Dr Mustafa Cavus & Dr John Collins, February 2014


Submission to the Financial Stability Board on the consultation on the guidance paper on

Supervisory Interaction with Financial Institutions on Risk Culture

Peter Bonisch, Dr Colin Johnston & Dr Mustafa Cavus, February 2014


Feedback & comments to

COSO Internal Control Integrated Framework Public Exposure Draft 

Peter Bonisch, 29 March 2012