Financial Regulators Increase Focus on Culture to Address Misconduct Risk | Paul Weiss

Starling Team

Since the financial crisis, regulators have increasingly focused on banking culture as a means to manage misconduct risk. Despite the lack of a consensus as to what form that should take, at the opening of 2018 the pace of change is, if anything, increasing. Today, regulators around the globe are now actively pressing for new solutions.

In this blog post, Paul Weiss’ Financial Institutions Practice group highlights a number of themes raised by regulators and outlines recommendations for banks to further reform culture and address misconduct risk.

Starling is co-hosting a symposium titled Bank Culture Reform & Behavioral Science with Thompson Reuters on April 9th in NYC that will address these issues. In conjunction with that event, Starling will also be releasing a comprehensive compendium that summarizes regulatory approaches across the world.

Sign up to our newsletter for updates.

Read the full post: Increasing Regulatory Focus on Reforming Financial Institution Culture and Addressing Employee Misconduct Risk

Expand

Starling Event – Bank Culture Reform and Behavioral Science

Starling Team

We are very excited to host a Panel Presentation with Thomson Reuters on the topic culture and behavioral science in banking. The session, Bank Culture Reform and Behavioral Science, will examine the progress in cultural reform, with a particular focus on the tricky issue of cultural metrics and behavioral science. Panels will feature leading current and former regulators as well as industry leaders from Goldman Sachs and HSBC.

The event is the fourth in a series held in conjunction with the New York Federal Reserve Bank.

For more event information and registration: Bank Culture Reform and Behavioral Science

Expand

Alvarez & Marsal calls out Starling in their in-depth review of the Regtech space

Starling Team

A very well researched and knowledgeable report on the Regtech space was released on February 12, 2018 by leading global advisory firm Alvarez and Marsal. Written in partnership with the Fintech research company Burnmark, the report drew on interviews with Regtech companies as well as global regulators and banks regarding trends and opportunities in the marketplace.

In all the firm studied 400 firms including over 350 startups, focusing on the compliance space. The report describes how startups in the Regtech space are embracing AI and analytics, particularly in areas like Financial Crimes where Starling is currently breaking new ground.

Read the full report here: Regtech 2.0

Expand

Hooman Radfar, entrepreneur and Starling advisor shares advice for founders

Starling Team

Hooman Radfar, successful serial entrepreneur, investor, and long-time friend to the founding team at Starling, shares his advice for entrepreneurs in this excellent profile on Forbes.com. Hooman founded AddThis, the company behind the sharing widgets on most web sites on the Internet.

Having someone of Hooman’s caliber as a friend and close advisor has been a helped to drive much of our success to date. It’s great to see his wisdom shared with a broader audience.

Read the full article: Forbes.com

Expand

Starling to present at HR Transform

Starling Team

Stephen Scott, Starling’s Founder and CEO, has been invited to speak at HR Transform – a new event focused on the tech-driven transformation of work, covering the implications for the modern enterprise and for the managing human capital. HR Transform will bring together founders of startups, investors funding those startups and executives driving the People Strategy for their organizations.

HR Transform will be held April 4-5 at The Mirage in Las Vegas. Over one thousand attendees from the Fortune 1000 to top funded startups will benefit from panels, keynotes, roundtables and demos.

About HR Transform
Founded by Jay Weintraub and Caribou Honig in 2017, HR Transform is brought to you by the same team that created InsureTech Connect, the largest global gathering of insurtech startups, investors, and industry executives. HR Transform will offer unparalleled access to a comprehensive gathering of entrepreneurs, investors and HR executives from both enterprise and mid-market companies.

Expand