Observations
Nov 21, 2024Yesterday, the Financial Stability Board (FSB) published its latest report into the efforts of its member jurisdictions to reform compensation regimes to address misconduct and improve culture across the industry.
by Klaas Knot
Compendium
May 15, 2022Compendium
Mar 26, 2019Since the global financial crisis, there’s been a steady movement towards addressing culture in financial institutions through formal supervisory activities. This movement has been global in nature and shows no signs of abating. NY Fed President John Williams sums up the current consensus view: “Strong culture and robust corporate governance are our first lines of defense.” Over the last year, however, the tenor and scope of the attendant dialogue has shifted. ... (cont)
Compendium
Apr 10, 2018
