Compendium
Jun 23, 2025Global financial regulators are increasingly embedding culture risk and governance into supervisory frameworks, recognizing their critical role in operational resilience. Jurisdictions including Canada, the EU, and Australia are formalizing expectations and tools for assessing cultural dynamics, accountability, and board effectiveness. This marks a shift from rule-based oversight to proactive supervision aimed at addressing the systemic roots of risk.
Compendium
May 17, 2021In his keynote speech at the 21st International Conference of Banking Supervisors, Pablo Hernández de Cos, Governor of the Bank of Spain, explained the risks of the increasing digitization of finance. He addressed cybersecurity, reliance on third-party providers, and what the challenges of digitization mean for regulators and supervisors. ... cont
