May 2022 Culture & Conduct Risk in the Banking Sector

May 2022 Culture & Conduct Risk in the Banking Sector

Why it matters and what the industry is doing to address it

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Starling is pleased to offer the fifth edition in its annual Compendium series for 2022: a comprehensive report detailing the priorities and activities of bank regulators regarding firm culture and conduct risk management. Over the years, regulatory officials across all all key banking centers have proffered a now substantial array of speeches, studies, and recommendations regarding the culture of banks and other financial firms. Collectively, these public resources provide the backbone of this report. While the available information on the "why, what, and how" of bank culture reform is prolif...