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When the Music Stops  – Holding Bank Executives Accountable for Misconduct

When the Music Stops – Holding Bank Executives Accountable for Misconduct

by Starling Insights

Starling Insights Editorial Board

Mar 21, 2023


In a recent paper entitled "When the Music Stops – Holding Bank Executives Accountable for Misconduct," Rita Oliveira, Ruth Walters, and Raihan Zamil of the Financial Stability Institute review the evolution of individual accountability frameworks since the Global Financial Crisis.

Reviewing accountability regimes in six jurisdictions, the paper identifies two main approaches: establishing a formal, standalone Individual Accountability Regime (IAR) and utilizing a broader, more distributed regulatory framework.

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