Latest developments in the ways regulatory and supervisory bodies are addressing non-financial risk
Compendium
Jun 23, 2025Regulatory ambiguity and enforcement-driven oversight heighten conduct risk in digital finance. Modern governance frameworks must align with blockchain and AI innovation including digital assets, blockchain, and AI in financial markets. Regulators often rely on enforcement over clear governance. With the demise of Chevron, we must emphasize collaboration and tailored rulemaking.
Observations
Jun 20, 2025In a speech delivered earlier this week, David Bailey, Executive Director of Prudential Policy at the UK Prudential Regulation Authority (PRA), outlined how the regulator is working to support innovation in the banking and insurance sectors while reinforcing its core mandate of safety and soundness.
