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Lessons to be Learned from HBOS

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have produced their report 'The failure of HBOS plc (HBOS)'.  Whilst the report is focussed on the financial risk management within HBOS, it is worth considering this document to consider whether there are any lessons in it for other areas of operational risk management, [...]