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Salz Review - Wall Street Journal

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<strong>Salz</strong> <strong>Review</strong><br />

An Independent <strong>Review</strong> of Barclays’ Business Practices<br />

210<br />

On 31 January 2013, Barclays renamed its Board Citizenship Committee the Board<br />

Conduct, Reputation and Operational Risk Committee, to have oversight of conduct risk,<br />

reputation risk and operational risk and to retain its responsibilities for oversight of<br />

Barclays’ citizenship strategy. Barclays also renamed its Board Risk Committee the Board<br />

Financial Risk Committee, to have oversight of credit, market and funding matters. Finally,<br />

Barclays created a Board Enterprise Wide Risk Committee, to take an enterprise wide view<br />

of risk and controls, including reviewing and agreeing overall risk appetite and monitoring<br />

performance. 311<br />

311 Barclays, 2012 Annual Report, pp. 27-29.

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