This was the third webinar of the series on the revised Core Principles for effective banking supervision.
The Basel Committee wants banks to institute a sound risk culture, to maintain strong risk management practices, and to adopt and implement sustainable business models.
The revised Core Principles make clear that the assessment of business model sustainability is a key component of effective supervision.
The panel discussed how supervisors can assess business models and determine if and how to appropriately intervene.
Speakers:
Elsie Addo Awadzi, Deputy Governor, Bank of Ghana; Board Member, Toronto Centre
William Burn, Managing Director, Supervision Methods, Standards and Controls, Office of the Superintendent of Financial Institutions, Canada
Moderator:
Clive Briault, Chair, Banking Advisory Board, Toronto Centre