Post-crisis commitments to safety and stability are increasingly tested and tempered by political and market demands for growth, innovation, and competitiveness. This evolving emphasis introduces new frictions between prudence and dynamism within the supervisory mandate.
Compendium
Jun 23, 2025Risk aversion stifles innovation. Embracing smart risk-taking, inclusive tech, and flexible governance is key to reversing institutional and economic stagnation. Dante Desparte of Circle urges a shift to principle-based innovation, emphasizing the societal cost of inaction. Trust, conduct risk, and resilience are central to realizing technology's potential for transformative impact in a rapidly evolving global economy.
Observations
Jun 06, 2025Speaking at a Financial Sector Advisory Center conference last week, Fernando Restoy, Chair of the Financial Stability Institute (FSI), challenged a growing narrative that stricter regulation is holding back the European banking sector.
