Supervisors on supervision - culture in the financial sector

This event will explore how culture in financial institutions underscores, or undermines, confidence in governance and supervision. Together, we will examine how prudential and conduct regulators are grappling with questions of culture, what lies ahead for culture risk governance, and whether culture should be seen as culprit or cure.
Event Highlights:
- Opening presentation by Stephen Scott (Starling Trust Sciences) on an exposure draft report on the topic, based on interviews with senior policymakers and supervisors
- Panel discussion moderated by Clay Lowery (Institute of International Finance – IIF), with confirmed speakers: Jon Danielsson (LSE), Steven Maijoor (De Nederlandsche Bank), Carolyn Rogers (Bank of Canada), and Stephen Scott (Starling Trust Sciences)
- Fireside chat between Andrew Bailey (Bank of England) and Randal Quarles (Cynosure Group)
- Closing remarks by Andrea Enria (Prudential Regulation Authority), including a preview of the upcoming Forum on Financial Supervision
Meet our speakers and chair:
Andrew Bailey has been the Governor of the Bank of England since 16 March 2020. He became the Chair of the Financial Stability Board on 1 July 2025.
Jón Danielsson is Co-director of the Systemic Risk Centre and Reader in Finance at LSE. Since receiving his PhD in the economics of financial markets from Duke University.
Andrea Enria is a senior advisor at the Prudential Regulation Authority and a member of the Prudential Regulation Committee of the Bank of England, with a term of appointment from 20 March 2025 to 19 March 2028.
Clay Lowery is the Executive Vice President of the Institute of International Finance (IIF), he oversees the departments responsible for macroeconomic analysis, international financial regulation, financial technology, and specific policy areas such as debt transparency and analysis, and sustainable finance.
Steven Maijoor joined the Executive Board of De Nederlandsche Bank (DNB) on 1 April 2021. As of 1 February 2024, he is also the Chair of Supervision.
Randal Quarles is Chairman and founder of The Cynosure Group, an alternative asset management and wealth advisory firm.
Carolyn Rogers was appointed Senior Deputy Governor of the Bank of Canada in December 2021, for a seven-year term. Previously, she was Secretary General of the Basel Committee on Banking Supervision.
Stephen Scott is founder and CEO at Starling Trust Sciences. He spent a 25-year career in risk management and corporate intelligence.
Jean-Pierre Zigrand is Co-director of the Systemic Risk Centre, Co-director of the Financial Markets Group and Associate Professor of Finance at LSE.
More about this event
The Financial Markets Group (@FMG_LSE) is a leading centre for research into financial markets. Research at the FMG examines how stable and efficient the financial system is, how it supports the real economy, and what policy measures can generate improvements in these dimensions.
The Systemic Risk Centre (SRC) is set up to study the risks that may trigger the next financial crisis and to develop tools to help policymakers and financial institutions become better prepared.
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