Observations
Jan 23, 2023ICYMI: In a speech from June 2022, Frank Elderson, Member of the Executive Board and Vice-Chair of the Supervisory Board at the European Central Bank (ECB), discussed how culture impacts governance and how this may be reflected in the ECB's future supervisory efforts.
Compendium
May 04, 2020In the latest figures from the Operational Risk Exchange (ORX), the not-for-profit industry association, losses resulting from operational risk were down by 10.8% between 2017-2018, with the biggest proportional decreases in internal and external fraud events. However, a study conducted in March 2017 found that less than a quarter of the EU’s competent authorities have established dedicated teams or units on conduct risk. ... cont
