Convergence of Regulatory Objectives and Institutional Interests
Alignment of Goals to Enhance Sustainability and Reduce Systemic Risk
On the surface, regulatory objectives and institutional interest may appear to conflict. However, a going-concern perspective shows that there is significant common ground between institutions and regulators. Capturing this common ground and thus creating a convergence of interests requires viewing an institution, its business, and its operations from a common perspective of going-concern sustainability. An effective sustainability management process can be instrumental in turning the sometimes-adversarial relationship between regulators and financial institutions into a productive and effective ...