Canada’s top banking watchdog wants to be given at least a month’s notice before senior management changes are made at the country’s banks in case there are “any specific concerns regarding the appropriateness of the candidate.”…
…a draft advisory issued by the Office of the Superintendent of Financial Institutions says the banks and other financial firms should provide the regulator with the proposed senior manager’s specific resumé qualifications, as well as “the rationale for the candidate’s selection.”
Barbara Shecter – Financial Post – January 20, 2014.
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