The survey, coordinated by the Risk Analysis and Risk Management office of ABI, was carried out in autumn 2011 and analysed the state of the Compliance function in 40 Italian banks of various sizes. The survey covered subjects such as the reporting lines of the compliance function to top...

Reputational risk represents a very serious potential threat to banks of all types regardless of size, and therefore requires a strong presidium by the Compliance function to monitor and control the risk. The article describes the links between reputational risk and liquidity risk, suggests a...

The last two years have stressed how special and important banks are. When the financial system fails, the whole economic system is affected. The financial sector has undergone an unprecedented wave of innovation, change, consolidation and now crisis. We now have a better understanding of the...

The ability of administrators to act with diligence is relevant for the quality of corporate governance for any company, but it is crucial for banks: it implies awareness of the complexity of the banking business and of the different interests involved and it requires expertise and competence,...

The financial crisis has dramatically demonstrated that the increasing role of cross-border financial intermediaries in the Eu has not been supported by adequate pan European supervision.The aim of the paper is to focus on the shortcomings of supervision in the Eu, and then to review the recent...

The 2010 reform has produced important effects in the sector of Credit Guarantee Consortia, establishing a new supervision process.The new framework designed is aimed at implementing in Italy a system of solid and efficient Credit Guarantee Consortia able to promote the growth of small and...

In the context of corporate governance, an important role is played by the Secretary of the corporate bodies, who advises the President of the Board with consultative, supplementary and autonomous functions, and needs specific professional skills

This paper aims to empirically test the credit risk, measured as non-performing loans, of cooperative banks which operate in a specific Italian geographic area (Lazio, Umbria and Sardegna).We perform a regression analysis over the period 1995-2009. The findings, in contrast with most of the...

During the crisis the financial system experienced a concentration process driven by new M&A released by both big and medium banks. The article evaluates the role of banking features and regulatory framework in explaining the probability to be a target firm in a domestic or cross border M&A....

The study analyzes the relationship between the board diversity and some profiles of the operating performance of BoD.The research is based on a sample of 237 Italian listed firms during the period 2007-2009.The results show a positive relationship between the monitoring activity and the...