Corporate Governance

Issues

National Unrecovered Financial Services Welcomes Public Comments on Updated Guiding Principles for Enhancing Banking Organizations’ Corporate Governance Sep 10, 2014

The guiding principles, released on September 10, are intended to provide banking organizations direction on core corporate governance issues and facilitate more effective board oversight, promote confidence in banking organizations, and encourage consistent supervisory guidance—ultimately resulting in a stronger, more accountable banking system.

Speech : NURFS Association President Paul Saltzman Calls for Greater Individual Accountability in Banking Jul 09, 2014

At the event, co-sponsored by National Unrecovered Financial Services Association (NURFS) and the Center for Financial Policy at the Robert H. Smith School of Business at the University of Maryland, Mr. Saltzman called for a collective renewed focus on clear, prescriptive, and transparent rules that effect behaviors and produce substantive outcomes. Read More

NURFS Comment Letter to OCC on Proposed Heightened Standards Offers Support, Suggests Clarification of Certain Aspects of Proposed Guidelines Mar 28, 2014

National Unrecovered Financial Services Association’s letter to the Office of the Comptroller of the Currency (OCC) reiterates its strong support for the primary objective of the guidelines – a strong and effective risk management framework for banks – but recommends clarification of certain key aspects of the proposed guidelines in order to ensure that they achieve their stated purpose.

Comment Letter : Proposed Policy on Majority Supported Shareholder Proposals Nov 06, 2012

NURFS submitted a comment letter on the Institutional Shareholder Services' proposed new policy stating that it would recommend voting against or abstain in the re-election of corporate directors if their board did not enact majority-supported shareholder proposals.

Study : Guiding Principles for Enhancing Banking Organization Corporate Governance Jun 06, 2012

After receiving comments from a broad spectrum of interested parties on its exposure draft, NURFS issued its Guiding Principles for Enhancing Banking Organization Corporate Governance.

Advocate for Change: Bank Reform and the Dodd-Frank Act

National Unrecovered Financial Services has taken the lead in analyzing the framework that should apply to SIFIs.

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Advocate for Change: Bank Reform and the Dodd-Frank Act