Governance & Culture Reform: Resource List - FEDERAL RESERVE BANK of NEW YORK

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Governance & Culture Reform: Resource List

Find speeches and panel remarks, industry, academic, and official sector resources as well as event highlights and insights shared on the New York Fed's Teller Window publication below.

Speeches
Academia
Industry
Official Sector
Events
Teller Window

Speeches
2023
Jun 26, 2023	Shepperd: How Culture Must Change to Meet Expectations
Mar 7, 2023	New York Fed: Hennessy: Culture and Conduct: Key Learnings and the Year Ahead from the New York Fed
Mar 2, 2023	Monaco: Remarks at American Bar Association National Institute on White Collar Crime
2022
Nov 24, 2022	Bingham: Speech on Risk Culture to the Financial Services Assurance Forum
Jun 11, 2022	Elderson: Supervising Banks’ Governance: Structure, Behaviour and Culture
Mar 22, 2022	New York Fed: Hennessy: Emerging Trends in Culture Reform: The New York Fed’s Perspective
2020
Nov 26, 2020	New York Fed: Hennessy: Shelter from the Storm: Psychological Safety and Workplace Culture during the Coronavirus Pandemic
Nov 16, 2020	New York Fed: Stiroh: The Impact of the Pandemic on Cultural Capital in the Finance Industry
Jan 14, 2020	New York Fed: Williams: Getting to the Core of Culture
2019
Sep 5, 2019	New York Fed: Hennessy: We're Only Human: Culture and Change Management
Jun 4, 2019	New York Fed: Williams: Banking Culture: The Path Ahead
Feb 26, 2019	New York Fed: Stiroh: Reform of Culture in Finance from Multiple Perspectives
2018
Dec 19, 2018	Woolard: Opening Up and Speaking Out: Diversity in Financial Services and The Challenge to be Met
Oct 4, 2018	New York Fed: Stiroh: The Complexity of Culture Reform in Finance
Jun 18, 2018	New York Fed: Williams: Now Is the Time for Banking Culture Reform
Jun 18, 2018	Clayton: Observations on Culture at Financial Institutions and the SEC
Jun 18, 2018	New York Fed: Dudley: Strengthening Culture for the Long Term
Apr 17, 2018	New York Fed: Held: The Evolving First Line of Defense
Apr 4, 2018	Byres: The Incentive to Fly Safely
Mar 26, 2018	New York Fed: Dudley: The Importance of Incentives in Ensuring a Resilient and Robust Financial System
Mar 19, 2018	Bailey: Transforming Culture In Financial Services
Feb 9, 2018	New York Fed: Dudley: Panel Discussion on Banking Culture
Feb 7, 2018	Rowland: We Continue to Challenge the Effectiveness of the Underlying Culture in Banks
2017
Dec 7, 2017	New York Fed: Stiroh: Misconduct Risk, Culture and Supervision
Jul 12, 2017	New York Fed: Potter: The Foreign Exchange Global Code: Lessons Learned and Next Steps
May 25, 2017	New York Fed: Bergin: The Launch of the FX Global Code
Mar 21, 2017	New York Fed: Dudley: Reforming Culture for the Long Term
Mar 21, 2017	New York Fed: Dudley: Panel Remarks at Worthy of Trust? Law, Ethics and Culture in Banking
Mar 8, 2017	New York Fed: Held: Reforming Culture and Conduct in the Financial Services Industry: How Can Lawyers Help?
Jan 11, 2017	New York Fed: Dudley: Remarks at the Culture Imperative – An Interbank Symposium
2016
Dec 3, 2016	New York Fed: Dudley: Financial Regulation Nine Years on from the GFC – Where Do We Stand?
Oct 20, 2016	New York Fed: Dudley: Opening Remarks at Reforming Culture and Behavior in the Financial Services Industry: Expanding the Dialogue
Oct 20, 2016	O'Neill: What Is Banking For?
Oct 20, 2016	Shafik: From ‘Ethical Drift’ to ‘Ethical Lift’: Reversing the Tide of Misconduct in Global Financial Markets
Oct 20, 2016	Chan: The Challenge to Both Regulators and the Industry to Enhance the Ethical Standards of the Financial Industry
Oct 20, 2016	Bharara: Criminal Accountability and Culture
Oct 20, 2016	Andrews: Culture in U.K. Banking—Regulatory Priorities
Sep 21, 2016	Salmon: Rebuilding Trust Through the 'FX Global Code': Reasons for Optimism
Sep 7, 2016	New York Fed: Potter: The Role of Best Practices in Supporting Market Integrity and Effectiveness
Jul 12, 2016	Davidson: Getting Culture and Conduct Right—the Role of the Regulator
Jun 21, 2016	Bowen: Remarks Before the Managed Funds Association Forum 2016
May 9, 2016	Bailey: Culture in Financial Services – A Regulator’s Perspective
Apr 4, 2016	Curran: Tailoring, Fintech, and Risk Culture: The Talk of the (Community Banking) Town
Mar 22, 2016	New York Fed: Strine: Forming the Next Generation of Bankers: The Future of Business Education and Ethics
2015
Nov 23, 2015	New York Fed: Musalem: Why Focus on Culture?
Nov 5, 2015	Lagarde: The Role of Personal Accountability in Reforming Culture and Behavior in the Financial Services Industry
Nov 5, 2015	New York Fed: Dudley: Opening Remarks at Reforming Culture and Behavior in the Financial Services Industry: Workshop on Progress and Challenges
Sep 24, 2015	Dickson: The Relevance of the Supervision of Behaviour and Culture to the SSM
Sep 28, 2015	Lautenschläger: Reintegrating the Banking Sector into Society: Earning and Re-establishing Trust
Jun 3, 2015	Evans: The Call for Proactive Risk Culture
May 6, 2015	Lagarde: Ethics and Finance—Aligning Financial Incentives with Societal Objectives
Apr 15, 2015	Chan: How Can the Banking Industry Regain the Moral and Ethical Highground it Once Enjoyed Before the Global Financial Crisis
Jan 23, 2015	Archbishop of Canterbury: Speech at 'Creating the Common Good' Conference in New York
Jan 20, 2015	New York Fed: Baxter: The Rewards of an Ethical Culture
2014
Nov 17, 2014	Carney: The Future of Financial Reform
Oct 29, 2014	New York Fed: Dahlgren: The New Era of Supervision: Progress to Date and the Road Ahead
Oct 27, 2014	Shafik: Making Markets Fair and Effective
Oct 20, 2014	New York Fed: Dudley: Enhancing Financial Stability by Improving Culture in the Financial Services Industry
Oct 20, 2014	New York Fed: Dudley: Opening Remarks at the Workshop on Reforming Culture and Behavior in the Financial Services Industry
Oct 20, 2014	Walker: Trust and Trustworthiness in Banks and Bankers
Jul 23, 2014	New York Fed: Baxter: Reflections on the New Compliance Landscape
Jun 26, 2014	Lagarde: Empowerment Through Financial Inclusion
Jun 25, 2014	Archbishop of Canterbury: Lecture on the Future of Banking Standards
Jun 9, 2014	Tarullo: Corporate Governance and Prudential Regulation
May 27, 2014	Carney: Inclusive Capitalism: Creating a Sense of the Systemic
May 27, 2014	Lagarde: Economic Inclusion and Financial Integrity
Jan 24, 2014	Carney: Remarks at Davos CBI British Business Leaders Lunch
2013
Nov 7, 2013	New York Fed: Dudley: Ending Too Big to Fail
Jun 12, 2013	Archbishop of Canterbury: Keynote Speech at the Event 'What Kind of City Do We Want?'
Feb 25, 2013	Carney: Rebuilding Trust in Global Banking
Pre-2013
Jan 1, 1983	Corrigan: Are Banks Special?

Academic Resources
2023
May 9, 2023	City University of London: Understanding Best Practice in Industry Self-Regulation: The Case of the Financial Services Culture Board
Apr 19, 2023	Harvard University: Sociological Perspectives on the Bank Failures of 2023

Industry Resources
2023
Jul 24, 2023	Financial Markets Standards Board: Spotlight Review on Conduct & Culture Management Information
2022
May 2022	Financial Markets Standards Board: Market Misconduct Through the Ages
2018
Nov 2018	Group of 30: Banking Conduct and Culture: A Permanent Mindset Change
Jul 2018	FMSB publishes new financial markets misconduct research
Mar 2018	Banking Standards Board: Annual Review 2017/2018
2017
Mar 2017	Banking Standards Board: Annual Review 2016/2017
2016
Mar 2016	Banking Standards Board: Annual Review 2015/2016
2015
Nov 2015	William R. Rhodes: New York Federal Reserve Bank's Workshop on Reforming Bank Culture: Thoughts on the G30 Report
Jul 2015	Group of 30: Banking Conduct and Culture: A Call for Sustained and Comprehensive Reform
Apr 2015	Tapestry Networks: Addressing Conduct and Culture Issues in Banking
2014
Sep 2014	The Clearing House: Guiding Principles for Enhancing Banking Organizations' Corporate Governance
Jun 2014	The Aspen Institute: Inside the Banker's Brain
May 2014	Banking Standards Board: Banking Standards Review
2013
Oct 2013	Group of 30: A New Paradigm
Apr 2013	Barclays: Response to the Salz Review
Apr 2013	Salz: An Independent Review of Barclays' Business Practices
2012
Oct 2012	Group of 30: Toward Effective Governance of Financial Institutions

Official Sector Resources
2023
Jul 20, 2023	European Central Bank: Effective Management Bodies – The Bedrock of Well-Run Banks
Jun 9, 2023	Office of the Comptroller of the Currency: Proposed Consumer Trust in Banking Survey
May 9, 2023	New York State Department of Financial Services: Proposed Regulatory Guidance on Character and Fitness Assessments
Mar 3, 2023	DOJ: Pilot Program on Compensation Incentives and Clawbacks
Feb 22, 2023	DOJ: U.S. Attorney’s Offices’ Voluntary Self-Disclosure Policy
Feb 15, 2023	European Central Bank: Strong Risk Culture—Sound Banks
Feb 2023	Office of the Superintendent of Financial Institutions: Draft of Culture and Behaviour Risk Guideline
Jan 2023	De Nederlandsche Bank: Moving From Reflex to Reflection
2022
Jun 2022	New York Fed: Dechario & Ochs: Shifting Norms? The Intersection of Technology and Culture in Financial Services – A Primer
Mar 2022	New York Fed: Lessons on Culture: A Year in Review
2021
Nov 2021	International Association of Insurance Supervisors: Issues Paper on Insurer Culture
Nov 2021	Hong Kong Monetary Authority: Interim Report, Focused Review on Incentive Systems of Front Offices in Retail Banks
Oct 29, 2021	New York Fed: Podcast: Norms, Mindsets, and Decision-Making
Mar 2021	Bank of England: Working Paper on Organisational Culture and Bank Risk
2020
Sep 2020	Financial Conduct Authority: 'Messages from the Engine Room' 5 Conduct Questions
2019
Nov 2019	Australian Prudential Regulation Authority: Information Paper Outlining GCRA Approach
Oct 2019	Australian Prudential Regulation Authority: Transforming Governance, Culture, Remuneration and Accountability
Oct 2019	Australian Securities and Investments Commission: Director and Officer Oversight of Non-financial Risk
May 2019	Financial Conduct Authority: 'Progress and challenges' 5 Conduct Questions
2018
May 1, 2018	Australian Prudential Regulation Authority: Final Report on Inquiry into the Commonwealth Bank of Australia (CBA)
Apr 20, 2018	Financial Stability Board: Strengthening Governance Frameworks to Mitigate Misconduct Risk
Mar 22, 2018	New York Fed: The Economics of Why Companies Don’t Fix Their Toxic Cultures
Mar 12, 2018	Financial Conduct Authority: Transforming Culture in Financial Services Discussion Paper
2017
Dec 7, 2017	New York Fed: Misconduct Risk, Culture, and Supervision
May 2017	Financial Stability Board: Stocktake of Efforts to Strengthen Governance Frameworks to Mitigate Misconduct Risks
2016
Oct 2016	Australian Prudential Regulation Authority: Risk Culture Information Paper
Aug 2016	New York Fed: Behavioral Risk Management in the Financial Services Industry: The Role of Culture, Governance, and Financial Reporting
2015
Nov 2015	G20/OECD Principles of Corporate Governance
Jul 2015	Bank for International Settlements: Corporate Governance Principles for Banks
Jun 2015	Bank of England, FCA and HM Treasury: Fair and Effective Markets Review
2015	De Nederlandsche Bank: Supervision of Behaviour and Culture
2014
Oct 21, 2014	De Nederlandsche Bank and the Netherlands Authority for the Financial Markets: Capacity for Change in the Financial Sector
Apr 7, 2014	Financial Stability Board: Guidance on Supervisory Interaction with Financial Institutions on Risk Culture
2013
Mar 2013	De Nederlandsche Bank: Leading by Example
2011
Dec 2011	De Nederlandsche Bank: Corporate Culture and Behavior: A Survey
2010
Oct 2010	Basel Committee: Principles for Enhancing Corporate Governance
2009
Nov 2009	De Nederlandsche Bank: The Seven Elements of an Ethical Culture

Events
2023
Jun 20, 2023	New York Fed: 2023 Governance and Culture Reform Conference
2022
Oct 4, 2022	New York Fed Web Series on Culture: Culture and the New Workplace
Jul 6, 2022	New York Fed Web Series on Culture: Shifting Norms? The Intersection of Technology and Culture in Financial Services
Mar 29, 2022	New York Fed Web Series on Culture: Trust in Banks: Where Are We Now?
2021
Sep 27, 2021	New York Fed Web Series on Culture: Culture Diagnosis and Behavior Change—Learnings from the Field
Jul 16, 2021	New York Fed Web Series on Culture: Culture in a Post-Pandemic Workplace
May 6, 2021	New York Fed Web Series on Culture: Purpose and the Employee as Stakeholder
Mar 1, 2021	New York Fed Web Series on Culture: Diversity, Equity & Inclusion and Culture
2020
Dec 2, 2020	New York Fed Web Series on Culture: Trust & Decision-Making
Oct 19, 2020	New York Fed: Partnerships in Building Ethical Norms: Governance & Culture Reform in the Financial Services Industry
2019
Jun 4, 2019	New York Fed: Building Cultural Capital in the Financial Services Industry: Emerging Practices, Risks and Opportunities
2018
Jun 18, 2018	New York Fed: Reforming Culture and Behavior in the Financial Services Industry: Progress, Challenges, and the Next Generation of Leaders
2017
Jun 21, 2017	New York Fed: Workshop on Culture Measurement and Assessment
2016
Oct 20, 2016	New York Fed: Reforming Culture and Behavior in the Financial Services Industry: Expanding the Dialogue
2015
Nov 23, 2015	Institute for Law and Finance Conference on Bank Culture and Ethics
Nov 12-13, 2015	New York Fed: Economics of Culture: Balancing Norms Against Rules
Nov 5, 2015	New York Fed: Reforming Culture and Behavior in the Financial Services Industry: Workshop on Progress and Challenges
2014
Oct 20, 2014	New York Fed: Workshop on Reforming Culture and Behavior in the Financial Services Industry

Teller Window
2023
Jul 18, 2023	Five Messages from the 2023 Governance and Culture Reform Conference
2022
Dec 6, 2022	The New York Fed’s Governance and Culture Reform Initiative: An Overview
Dec 2, 2022	The Evolving Workplace and its Influence on Organizational Culture
Aug 15, 2022	Examining the Intersection of Technology and Culture in Financial Services
2020
Jan 14, 2020	Key Takeaways from President Williams’s Speech on Culture in Financial Services
2019
Jun 4, 2019	Key Takeaways from President Williams’s Speech on Culture in the Financial Services Industry
Jun 4, 2019	Takeaways from Kevin Stiroh’s Remarks on Culture Reform
2018
Jun 15, 2018	Coda: Candid Reflections on the Culture Conversation
Jun 13, 2018	Coda: Culture and Conduct Reform: A Permanent Mindset Change
Jun 11, 2018	Reinforcing Ethics in Financial Services
Jun 8, 2018	Looking to Leadership for Continuity on Culture
Jun 6, 2018	Cultural Challenges? Blame Isn’t the Answer
Jun 4, 2018	Getting the Measure of Managing Culture
Jun 1, 2018	How Do Supervisors Contribute to the Conversation on Culture?
Jun 1, 2018	Reforming Culture and Behavior in the Financial Services Industry: Series Prologue
Feb 9, 2018	Questions of Culture: How Can Lawyers Help?
2016
Nov 10, 2016	Reforming Culture Is Difficult but Achievable: Final Thoughts
Nov 10, 2016	Criminal Accountability and Culture
Oct 20, 2016	Reforming Culture and Behavior in the Financial Services Industry: Expanding the Dialogue
Oct 19, 2016	Technology and Culture
Oct 19, 2016	Measuring Culture and Conduct
Oct 18, 2016	Firm Progress Report
Oct 17, 2016	Financial Institution Supervision and Culture
Oct 14, 2016	Investors, Governance and Culture, Part II
Oct 14, 2016	Investors, Governance and Culture, Part I
Oct 13, 2016	Banking and Finance: A Global Perspective

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