Back to Main Theme

Failed Supervision

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.

Advanced Filters
Contributors
Failed Supervision
Clear All
Why Regulators Must Take Risks to Promote Growth

by Starling Insights

Observations

Jan 23, 2025

In recent comments, leaders of the UK Financial Conduct Authority (FCA) have emphasized that, in order to promote growth, regulators must be allowed to take more risks.

All Tags UKUK FCA
The 2024 Compendium is available June 11th!

Now in its 7th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

The Importance of Culture in an Organization: Are We Learning Yet?

by Bryan Stirewalt

Compendium

Jun 11, 2024

Often management is downgraded to “poor” by bank examiners only after the symptoms of bad management have manifested in weak financial results. Management teams are often rated as perfectly adequate when financial results are good. Effective risk governance requires a proactive and comprehensive approach to managing these emerging challenges while maintaining a focus on organizational culture and psychological safety​​.