Regulators are focusing on how culture & conduct risk can be operationalized and how financial institutions can audit their risk and evidence their successes.
Observations
Sep 20, 2024In a recent opinion article published in Bloomberg, journalist Paul Davies explains why there appears to be a global shift in the focus of those looking to improve financial stability from increasing capital requirements to ensuring effective banking supervision and oversight.
Observations
Sep 03, 2024In recent comments to the media, John Lonsdale, Chair of the Australian Prudential Regulation Authority (APRA), made clear that the regulator expects ANZ's board to consider bonus reductions for senior executives following a high-profile bond trading scandal and widely reported cultural deficiencies.
