In a recent speech, Klaas Knot, President of De Nederlandsche Bank (DNB), argued that central banks, regulators, and supervisors must attend to their own organizational culture to model what they expect of the firms they oversee.
"[W]e work for organisations that perform a very special public task. Keeping the financial system safe and sound," said Knot, who also serves as the Chair of the Financial Stability Board. "People trust us. If we breach that trust, it not only damages our organisation, it affects the entire financial system."
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