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2022 CLOSING COMMENTS | Sound governance for navigating the changing financial landscape

by Klaas Knot

Compendium

May 15, 2022

There is a saying: “lessons in life will be repeated until they are learned”. The lessons of the 2008 global financial crisis led to the creation of the Financial Stability Board (FSB) to coordinate the international responses to address the fundamental weaknesses that the crisis laid bare. These reforms have served the financial system well, as it has shown resilience when it has been confronted in recent years by very different crises ... (cont)

The 2022 Compendium is available now!

Now in its 5th year, Starling's Compendium features over 60 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

DIAGNOSING CULTURE CHALLENGES | Tone at the Top, Echo from the Bottom

by Starling Insights

Compendium

Apr 10, 2018

Regulators and bankers agree that establishing a good firm culture starts with the values and attitudes displayed by those in leadership. In a 2017 analysis, the FSB found that around half of banks surveyed reported that the “tone at the top” was viewed as one of three principal means of preventing misconduct. Similarly, E&Y and the Institute of International Finance found that 90 percent of risk executives at global banks believed ... (cont)

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