Risk culture and the recent guidance of Fsb

Diana Capone and Stefano De Polis
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Diana Capone: Banca d'Italia
Stefano De Polis: Banca d'Italia

BANCARIA, 2014, vol. 9, 52-57

Abstract: The Financial Stability Board has recently identified some foundational elements that contribute to the promotion of a sound risk culture within a financial institution and consistently support appropriate risk awareness, behaviours and judgements about risk-taking within a strong risk governance framework. Also in Italy the Bank of Italy has paid great attention to the risk culture issue, introducing specific provisions in the recent Internal control systems regulation

JEL-codes: G21 G28 (search for similar items in EconPapers)
Date: 2014
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