Financial sector regulators broadly agree that organizational culture — their own, as well as among the firms they oversee — presents material challenges to governance and supervision that demand coordinated, public-private attention. Collective action must aim at developing data-driven approaches to proactive risk assessment.
Observations
Jun 11, 2025The Monetary Authority of Singapore (MAS) has tasked its Corporate Governance Advisory Committee (CGAC) with reviewing the Code of Corporate Governance, aiming to strengthen board effectiveness, improve disclosure practices, and enhance investor confidence in listed companies.
Observations
Jan 24, 2025In a "Dear CEO" letter sent to the heads of international banks earlier this week, the UK Prudential Regulation Authority (PRA) outlines its supervisory priorities regarding those institutions for 2025, including a heightened focus on risk management, governance, and resilience.
by Amy Edmondson, Gillian Tett, Jamie Fiore Higgins
Video
Dec 04, 2024