Supervising Corporate Governance During Crises

The Note sets out a number of issues that the boards and senior managements of supervised firms need to address, and to be able to demonstrate to their supervisors that they have addressed, together with some ways in which supervisors should be interacting with the firms they supervise.

The broad conclusion is that sound corporate governance is more essential than ever. Implementing it during the current crisis may be extremely challenging in some cases, but firms and supervisors alike need to ensure that these challenges are met.