ICYMI: In a speech in June, Andrea Enria, Chair of the Supervisory Board of the European Central Bank, argued that this year's bank failures have made clear that supervisors must increase their efforts to ensure that banks have sound internal governance and risk management, as "well-run banks don't fail."
"Failures in this area are the common theme underpinning recent events in the United States and Switzerland, and they have also been the core theme of many past crises," Enria said. "In my view, this is the one priority area that both banks and supervisors should be focusing on."
This content is available to paid Members of Starling Insights.
If you are a Member of Starling Insights, you can sign in below to access this item.
If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform. Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.
Join The Discussion
Sign in and be the first to comment.