Abstract
The article discusses changes in banks in recent years in the field of risk management. The regulations that emerged as a result of the global financial crisis and the fines that were imposed in connection with it caused a wave of changes in risk management functions. They included more detailed and demanding capital, leverage, liquidity and financing requirements, as well as higher risk reporting standards. Attention is paid to non-financial risks as they have become more important as standards of compliance and behavior have become stricter. Emphasis is placed on Stress testing as one of the main tools of supervision, in parallel with an increase in expectations regarding banks’ statements about risk appetite. The final part of the article provides a forecast of how banks’ risk management functions will look in 2033, identifies structural trends that are likely to radically change the bank’s risk management in the future.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
