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The accountability regime of banking supervisors: with great power comes great responsibility

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FSI Briefs No 14, June 2021. Following the Great Financial Crisis, many supervisors have been tasked with a multitude of new objectives layered atop the core safety and soundness (S&S) mandate, which is difficult to define. Some of these new remits are broad and driven by governmental priorities, clouding the demarcation between prudential and political spheres….

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The accountability regime of banking supervisors: with great power comes great responsibility

FSI Briefs No 14, June 2021. Following the Great Financial Crisis, many supervisors have been tasked with a multitude of new objectives layered atop