Punitive fines, litigation settlements, customer remediation, and other costs flowing from non-financial risk management failures are often waived off as “costs of doing business.” But many are now prioritizing the development of reliable metrics that would offer disclosable leading indicators of these financial risks so that they may be addressed proactively.
Compendium
Jun 23, 2025Global standard setters now treat culture as a quantifiable driver of prudential and conduct outcomes: weak governance norms distort capital flows, while robust cultural oversight attracts long-term investment. Scholars and practitioners urge supervisors to complement rule-books with behavioural metrics and early-warning analytics, turning qualitative judgement on incentives, trust and social learning into the frontline of financial-system resilience.
Compendium
Jun 23, 2025Observations
Apr 09, 2024The US Public Company Accounting Oversight Board (PCAOB) has scheduled a meeting this week to consider issuing a proposal on audit quality indicators (AQIs).
Compendium
Jun 07, 2023
