Observations
Oct 03, 2023In a speech delivered last month, Frank Elderson, Vice-Chair of the Supervisory Board of the European Central Bank (ECB), argues that a bank's culture is the most important driver of employee behavior, risk, and financial performance. As such, culture is of critical supervisory focus for the ECB, Elderson explains.
Compendium
May 15, 2022Several European banks have become noted leaders in the management of behavioral and culture related risks, largely through implementing much of the ground-breaking work done on these matters by De Nederlandsche Bank in the the Netherlands (DNB), the UK’s Financial Conduct Authority (FCA), and the Monetary Authority of Singapore (MAS) ...cont
