In a recent opinion article published in Bloomberg, journalist Paul Davies explains why there appears to be a global shift in the focus of those looking to improve financial stability from increasing capital requirements to ensuring effective banking supervision and oversight.
"The 16th anniversary of the collapse of Lehman Brothers has been marked by regulators signaling that the era of toughening up capital rules is over," Davies writes. “The strength of banks and standards of safety have been significantly bolstered since 2008. From now on, what matters is that supervision is well-funded and rigorous so that none of this is undermined or chipped away in the years ahead.”
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.