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Why effective governance is critical to the banking sector


Why effective governance is critical to the banking sector
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Governance mechanisms have been created to combat administrative and financial corruption in any institution. They are effectively deployed by organisations and enterprises in supervisory operational processes.
Governance is the system by which the rights and responsibilities of an organisation are distributed among the various key shareholder in the way how they transaction their business, and also regulate the relationship with all their other stakeholders involved.
Banks are considered among the institutions that millions of individuals deal with in a personal capacity or as representatives of companies and commercial establishments. Now, the status of banks is measured through their success in their dealings corruption-free thanks to the application of various governance mechanisms. ....

Know Your Customer , தெரியும் உங்கள் வாடிக்கையாளர் ,