The growth and expansion of the global financial system have a latent manifestation in the form of financial crimes, broadly involving financial and cyber frauds, money laundering, terrorist financing, corruption, and tax evasions. Increasing global integration of the financial system and the...

Climate change poses perhaps the most catastrophic and less understood risk to the biophysical safety of people, functioning of the financial system and the real economy, across the globe. While there is an increasing consensus on the need to contain the climate risk, it is not very...

The author identifies key elements of governance, and the potential reasons for failures and highlights that the structure of boards, thrust on the adoption of best practices, and regulatory guidelines are necessary but not sufficient to ensure failsafe governance standards. The author...