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XLoD Global - London 2024


Panel Discussion: The Future of 1st Line Supervision

13 Nov 2024
  • What are the key supervisory controls which banks should be focused on enhancing?
  • What is the balance between preventative and detective controls banks should be striving for?
  • How often should banks review their controls library to ensure there are no redundant or duplicative controls?
  • What are the key considerations when assessing control effectiveness?
  • Why is there no industry standardisation for the 1st line supervision function? Both in terms of target operating model or taxonomy?