Disruptions to businesses and their supply-chains, triggered by the Covid pandemic and now geopolitics, have placed a premium on firms’ ability to achieve and demonstrate ‘resiliency.’ This includes the resiliency that is contingent upon firm culture and human capital management, for which new formal disclosure requirements are being established.
Observations
Mar 25, 2024In a speech delivered at a recent industry conference, James Hennessy, Head of the Governance and Culture Reform Initiative at the Federal Reserve Bank of New York, highlighted the progress made in addressing organizational culture within the financial services industry over the past decade.
Observations
Nov 17, 2023In a recent speech at FINSIA's "The Regulators" event, John Lonsdale, Chair of the Australian Prudential Regulation Authority (APRA), discussed the regulator's emphasis on operational resilience and how it is looking to data to supervise the industry more effectively.