In recent years, bank regulators have looked to behavioral science to better assess conduct norms, propensities and risks among firms.
Observations
Mar 11, 2025In a recent blog post, Nicolas Strypstein, an Advisor at the National Bank of Belgium (NBB), highlights the growing emphasis on behavior and culture in bank governance.
by Amy Edmondson, Gillian Tett, Jamie Fiore Higgins
Video
Dec 04, 2024Compendium
Jun 11, 2024Compendium
Jun 11, 2024Regulators focus on formal, quantifiable aspects rather than informal, qualitative ones. Trust and trustworthiness are essential for effective regulation, beyond mere rules. Regulators should enhance cultures of trustworthiness within organizations and consider the broader public trust. This requires balancing formal rules with fostering a culture that supports and exceeds compliance.
by Amy Edmondson, Stephen Scott, Paul Seabright
Compendium
Jun 11, 2024by Stephen Scott, Jamie Fiore Higgins, Elizabeth Broderick
Compendium
Jun 11, 2024
