Assessment of management capabilities and of risk governance efficacy remains a largely subjective supervisory exercise, shrouded in secrecy by design. Without reliable objective metrics, even the most well-intended supervisors are open to charges of indefensible tick-box analysis (“do process”) while firms may conclude that litigation is necessary to assure bank examination follows some due process.
Compendium
Jun 11, 2024Learn about the latest global developments and trends in managing and regulating culture and conduct risk. The Compendium is broken out by global regions and specific national jurisdictions in each. Where it is helpful, we highlight specific regulatory or supervisory agencies, standard-setting bodies, and other industry organizations of relevance.
