The UK FCA has been a definitive leader in driving the global supervisory agenda in relation to culture and conduct risk, say Jeff Kupfer and Stephen Scott at Starling Trust Sciences.
On 30 March, Starling released its annual Compendium, a report on global regulatory activities aimed at promoting improved culture and conduct in the banking sector. Benefitting from input from regulators in Hong Kong, Singapore, Australia, the UK and the Netherlands, the report outlines several key trends:
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