Regulatory and supervisory bodies are recognizing that there is value in improving the management of culture and conduct risk for their own organizations.
Observations
Mar 27, 2024In a recent speech at the New Jersey Bankers Association Annual Economic Leadership Forum, Michelle Bowman, a member of the Board of Governors of the US Federal Reserve System, emphasized the importance of engaging with stakeholders to ensure that regulation and supervision are effective, transparent, and fair.
by Starling Insights, Wayne Byres, Michelle W. Bowman, Charles Randell
Compendium
Feb 14, 2024Observations
Feb 02, 2024Last week, the New York Department of Financial Services (NYDFS) issued final guidance on how banks and other financial institutions in New York State should review the character and fitness of their directors and executives.