Starling's Compendium features contributions from some of the top thought leaders from regulators, the industry, and other key stakeholders.
by Greg Baer
Compendium
Jun 11, 2024The regulatory examination regime in the U.S. banking sector imposes significant operational and compliance burdens on banks, with extensive secret examinations and mandates. This increases compliance costs, impacts bank equity attractiveness, and drives asset migration. On average, C-suite executives spend 42% of their time on compliance, indicating a significant focus on regulatory adherence over innovation or customer service.
