A global trend is reshaping financial sector oversight: regulators who would emphasize safety and stability risk growing political backlash, institutional restructuring, agency defunding or even shuttering. The regulatory mandate is being reoriented — not by formal reform alone, but through pressure to adopt shifting political priorities.
Compendium
Jun 23, 2025Bank supervision must transcend compliance checklists to focus on residual risk and governance. Peter Conti-Brown stresses the need for political accountability in regulation and supervisory discretion to assess non-quantifiable risks like conduct and culture. He criticizes the adversarial posture of industry lobbyists and urges trust-based public-private partnerships to enhance regulatory effectiveness and psychological safety.
