There is no doubt that this regulatory reinforcement, established and supervised uniformly at European Union level, enables us to say that we are much better provided for in terms of corporate governance requirements to ensure financial stability, which cannot go unmentioned.
But organisations are formed of people, and as such, the behavioural dimension has been recognised as essential for the effectiveness of a good internal governance model for banks and other enterprises. Even the best models may not resist the determination of anyone who might want to sabotage them.