Observations
Sep 14, 2023Banking sector regulators have taken to emphasizing the importance of culture to the conduct among firms, and the outcomes that result. In many instances, such outcomes have represented consumer harms and risks to financial stability. Now, so-called “neo-banks” and other fintech firms are facing scrutiny akin to that experienced by the entrenched incumbents they hope to disrupt.
Observations
Jul 20, 2023Japan's Financial Services Agency (FSA) has expressed concerns about "gender-washing" practices, following a survey of 100 regional banks it published last month.
