Show Notes
There is growing pressure to ease post-Global Financial Crisis regulatory and supervisory frameworks and to simplify financial supervision.
This TC Note makes proposals for supervisory effectiveness and—where consistent with more effective supervision—the simplification of supervisory methodologies and processes.
Drawing on lessons from recent bank failures, it identifies three ways to make supervision more effective in identifying and mitigating unacceptable risks: Fully implementing risk-based supervision Enhancing cross cooperation and collaboration among supervisory authorities and other organizations Using SupTech carefully, recognizing the need for human intervention and judgement
Guest:
Clive Briault, Chair, Banking Advisory Board, Toronto Centre
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
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