Post-financial crisis macroprudential policy remedies appear largely successful in mitigating financial risks that threaten firms and the financial system. We have yet to agree upon the right approach to mitigating non-financial risk issues. Regulators are thus affording firms the flexibility to achieve desired results however they see fit — and holding them accountable when they fail.
by Bob Wigley
Compendium
Jun 11, 2024In an interview with Bob Wigley, CEO of UK Finance, we discuss how the UK financial regulation debate balances competitiveness and consumer safety. Reforms like the Edinburgh Reforms aim to enhance market transparency and technological adoption. Critics warn of excessive risk-taking and the need for a stable regulatory environment. Expect continued emphasis on regulatory independence and prudent risk management in 2024.
by Michelle Kirschner , Matthew Nunan
Compendium
Jun 07, 2023Compendium
Jun 07, 2023Observations
Apr 28, 2023In a Harvard Business Review article from earlier this year, Lily Zheng, a diversity, equity, and inclusion (DE&I) strategist, calls for a focus on measuring outcomes if firms wish to drive lasting progress.
