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“As you know, European banking regulators are very active and many of their initiatives will impact our industry,” the chair of ECIIA’s newly formed banking committee Henrik Stein says. “This presents us with a challenge but at the same time gives us the chance to use our broad membership base to build a strong, truly representative and mandated ‘voice of internal audit’ for the European banking industry.”
The group aims to assess how banking regulations and initiatives from the EBA and the ECB impact internal audit and corporate governance in banks. It will prepare discussion documents on key issues, respond to consultations and organize regular meetings and exchanges with the regulators.
The ECIIA banking committee held its inaugural meeting on 29 January 2015 in Frankfurt am Main. Chaired by ECIIA board member Henrik Stein, the committee comprises seven members representing banks large and small across the European Union: John Bendermacher (Netherlands), Ernesto Martinez Gomez (Spain), Ranieri de Marchis (Italy), Michel Le Masson (France), Nicola Rimmer (United Kingdom) Eva-Lotta Rosenqvist (Sweden) and Thierry Thouvenot (Luxembourg).