DELOITTE: "BANKING REGULATORY OUTLOOK 2023".

Digital Report - immediate delivery to your email.

Date of Publishing: 2023.
No. of Pages: 26.

The banking system was subjected to significant forces in 2022, including inflation, rising interest rates, equity and bond market declines, plunging cryptocurrency prices, consequences (political, trade, economic) of the Russia-Ukraine conflict, lingering effects of the COVID pandemic, and—to at least some extent—the reemergence of consumers from pandemic isolation.

_____________________________________________________________________________________________

Contents:

1. ‘Still work to do’ to meet core and emerging supervisory expectations.

2. Responding to forces of innovation.

3. Fortifying governance and controls as part of core safety and soundness.

3.1. Data governance and reporting.

3.2. Cyber and information technology (IT) risk.

3.3. Bank Secrecy Act (BSA)/anti-money laundering (AML) and sanctions.

3.4. Consumer protection and financial inclusion.

4. Expanding the scope of financial risk management.

4.1. Capital.

4.2. Liquidity.

4.3. Climate-related financial risk.

5. Looking forward to an active 2023.

6. Endnotes.

_____________________________________________________________________________________________