Risk culture deserved increasing attention by regulators and supervisors in recent times, along with the awareness that weaknesses in risk culture were at the base of the global financial crisis and misconduct of many financial institutions . This Chapter focuses on how regulation affects bank risk culture and risk-taking behaviors and how this has an influence on supervisory styles.
Carretta, A., Schwizer, P. (2017). Risk Culture in the Regulation and Supervision Framework. In A. Carretta, F. Fiordelisi, P. Schwizer (a cura di), Risk Culture in Banking (pp. 73-96). Palgrave Macmillan [10.1007/978-3-319-57592-6_4].
Risk Culture in the Regulation and Supervision Framework
Schwizer, P
2017
Abstract
Risk culture deserved increasing attention by regulators and supervisors in recent times, along with the awareness that weaknesses in risk culture were at the base of the global financial crisis and misconduct of many financial institutions . This Chapter focuses on how regulation affects bank risk culture and risk-taking behaviors and how this has an influence on supervisory styles.
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