Norman T L Chan: Sound banking
By Bank for International Settlements (BIS)
He stresses that sound banking is not about excessive risk-taking or short-term profit chasing, but about prudence, fairness and sustainability. While robust regulation sets minimum standards, Chan insists it cannot substitute for a healthy culture where banks “do things the right way” out of principle rather than fear of punishment.
- Use cases, geography and tags
- Organizations that created, adopted or are mentioned
- Ecosystem position
- Link to the original asset
- Comments and reactions