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.
Observations
Sep 20, 2024Last week, US Congressman Andy Barr introduced the Congressional Banking Regulation Priorities and Accountability Act of 2024 (H.R. 9512) to the House of Representatives, aiming to improve transparency and accountability in federal financial regulation.
