Last year’s bank failures left many asking, "Where were the supervisors?" Warning signs may be obvious in hindsight, but only serve to demonstrate that current oversight is overly reliant on supervisory judgement. So long as culture and risk governance remain a matter of subjective judgement, regulators and firms will remain challenged in deciding when intervention is necessary.
Observations
Mar 21, 2025At its recent meeting, the Basel Committee on Banking Supervision (BCBS) advanced efforts to strengthen supervisory effectiveness based on the lessons learned from the 2023 banking turmoil.
Observations
Sep 20, 2024In a recent opinion article published in Bloomberg, journalist Paul Davies explains why there appears to be a global shift in the focus of those looking to improve financial stability from increasing capital requirements to ensuring effective banking supervision and oversight.
Compendium
Jun 11, 2024
