How the adoption of new technologies and approaches are changing how nonfinancial risks are managed
Observations
Sep 18, 2023In a recent column, Gillian Tett of the Financial Times laments that, fifteen years after the failure of Lehman Brothers, there are still significant deficiencies in banking supervision. She cites a recent IMF report, Good Supervision: Lessons From The Field. With many others, the IMF argues that the collapse of Silicon Valley Bank and forced sale of Credit Suisse earlier this year resulted from failures in risk management at firms.
Observations
Jul 14, 2023In recent years, regulatory technology (Regtech) has emerged as a response to the growing complexity of compliance requirements in various industries, utilizing technology to address compliance demands more efficiently, accurately, and cost-effectively.
by Sally Dewar
Compendium
Jun 07, 2023
