20 min

GRU : Main Findings of the 10th Annual IIF/EY Global Bank Risk Management Survey Global Regulatory Update

    • Investing

In this episode, Mark Watson and Thomas Campanile of EY sits down with Martin Boer of the IIF to discuss the main findings and strategic implications of the 10th Annual IIF/EY Global Bank Risk Management Survey. For 10 years, the IIF and EY have been observing and reporting on changes in how banks manage risk. This latest survey highlights that risk leaders and their teams have also been pursuing approaches to new, or newly emphasized, nonfinancial risks, including cyber risk, conduct, compliance and fraud, and financial crime and money-laundering. Mark and Martin also discuss how the industry’s transition to more digital strategies, business models and operations is creating new risks and opportunities, such as those associated with industrializing the use of machine learning and artificial intelligence across the enterprise, or using cloud across swaths of bank operations. Beyond all these challenges, several tectonic shifts, such as those associated with climate change and geopolitics, will impact banking far more than they have in the past.

In this episode, Mark Watson and Thomas Campanile of EY sits down with Martin Boer of the IIF to discuss the main findings and strategic implications of the 10th Annual IIF/EY Global Bank Risk Management Survey. For 10 years, the IIF and EY have been observing and reporting on changes in how banks manage risk. This latest survey highlights that risk leaders and their teams have also been pursuing approaches to new, or newly emphasized, nonfinancial risks, including cyber risk, conduct, compliance and fraud, and financial crime and money-laundering. Mark and Martin also discuss how the industry’s transition to more digital strategies, business models and operations is creating new risks and opportunities, such as those associated with industrializing the use of machine learning and artificial intelligence across the enterprise, or using cloud across swaths of bank operations. Beyond all these challenges, several tectonic shifts, such as those associated with climate change and geopolitics, will impact banking far more than they have in the past.

20 min

Top Podcasts In Investing