Regulators are focusing on how culture & conduct risk can be operationalized and how financial institutions can audit their risk and evidence their successes.
Observations
Apr 17, 2024Last week, the Swiss government proposed a wide-ranging package of reforms to the country's too-big-to-fail regime. The reforms follow the near-collapse of Credit Suisse and its emergency acquisition by UBS Group AG, which raised concerns about the stability of Switzerland's financial sector.
Observations
Mar 13, 2024Earlier this month, the US Government Accountability Office (GAO) published a post-mortem report on the 2023 bank failures, identifying shortcomings in regulators' supervisory efforts and escalation.
