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A New Paradigm: Financial Institution Boards and Supervisors

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  • G30 Working Group
  • 2013
  • 64
  • Special Report
  • 1-56708-163-0
  • Banking, Governance, Regulation, Supervision
  • In reaction to the 2012 G30 publication, Toward Effective Governance of Financial Institutions, the supervisory and Financial Stability Board community urged the G30 to provide additional insights into how interactions between boards and supervisors could be enhanced. This report finds that it is time to establish a new paradigm for this interaction, built on mutual trust and transparency so supervisors and boards are better able to fulfill their responsibilities.
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