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 23, 2024In a blog post published last week, Federal Reserve Bank of New York researchers Beverly Hirtle and Anna Kovner explore the impact of supervision on banks, the financial system, and the economy.
Observations
Mar 25, 2024In a speech delivered at a recent industry conference, James Hennessy, Head of the Governance and Culture Reform Initiative at the Federal Reserve Bank of New York, highlighted the progress made in addressing organizational culture within the financial services industry over the past decade.
