Starling

In our first "Weekend Reading" article of 2025, Cameron Lawrence, Starling's Director of Research, highlights several key trends that we at Starling believe will drive global regulatory, risk management, and audit sector priorities over the coming year:?softening regulation and dismantling bureaucracy;?accelerated innovation and technology adoption; auditor scrutiny; and the growth of?non-bank financial institutions.

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have scrapped proposed diversity, equity, and inclusion (DEI) rules for UK financial firms, citing concerns about regulatory duplication and unnecessary burdens on businesses. #culture #diversity #DEI Keep Reading: https://lnkd.in/e63WJR6V

In a recent report entitled "Artificial Intelligence in Capital Markets: Use Cases, Risks, and Challenges," the International Organization of Securities Commissions - IOSCO examines the rise of AI use in capital markets and how it impacts investors globally. Mentions: Jean-Paul Servais, Tuang Lee Lim, #regulation #AI #innovation Keep Reading: https://lnkd.in/g_JgGnJm

In a recent speech, UK Prime Minister Sir Keir Starmer vowed to reshape public services by tackling what he called a "cottage industry of checkers and blockers" and leveraging AI to boost efficiency. #culture #regulation #innovation Keep Reading: https://lnkd.in/g3BTinRu

In this week’s "Weekend Reading" article, Starling Founder & CEO Stephen Scott highlights Peter Conti-Brown and?Sean Vanatta's upcoming book, "Private Finance, Public Power: A History of Bank Supervision in America," discussing what we can learn from the past in a time of heightened political pressures and shifting policy priorities.

A number of US community bankers and state banking supervisors are pushing back against proposals to consolidate federal banking regulators, warning that such a move could increase politicization and undermine financial stability, as reported by POLITICO. Mentions: ICBA, Brandon Milhorn, Conference of State Bank Supervisors (CSBS), #regulation #supervision #consolidation Keep Reading: https://lnkd.in/eppq6jQk

In a speech delivered at The Economic Club of New York last week, US Treasury Secretary Scott Bessent emphasized the importance of regulatory and supervisory coordination and called for an overhaul of the post-Financial Crisis regulatory framework. #culture #regulation #supervision Keep Reading: https://lnkd.in/gHDANdVp

Earlier this week, the UK government announced that the Payment Systems Regulator would be abolished, with its operations merged into the Financial Conduct Authority. Mentions: Charles Randell, #culture #growth #competitiveness Keep Reading: https://lnkd.in/g3q2MmPv

Late last week, the Australian Prudential Regulation Authority (APRA) proposed a number of updates to its prudential governance framework for banks, insurers, and superannuation trustees. Mentions: Chris Gower, ?#culture #governance #regulation #accountability Keep Reading: https://lnkd.in/dNeBNtSK

In a recent blog post, Nicolas Strypstein, an Advisor at the National Bank of Belgium (NBB), highlights the growing emphasis on behavior and culture in bank governance. #culture #governance #behavior Keep Reading: https://lnkd.in/gxShMnFv