Latest developments in the ways regulatory and supervisory bodies are addressing non-financial risk
Observations
Sep 25, 2023The US Securities and Exchange Commission (SEC) has approved a reform package that will significantly affect how the $27 trillion private fund industry interacts with investors. The reforms, passed by a 3-2 vote, reflect the most substantial changes in over a decade for the lightly regulated and rapidly growing sector.
Observations
Sep 14, 2023ICYMI: In a speech in June, Andrea Enria, Chair of the Supervisory Board of the European Central Bank, argued that this year's bank failures have made clear that supervisors must increase their efforts to ensure that banks have sound internal governance and risk management, as “well-run banks don’t fail.”