Regulators around the world have made clear their view that responsibility for the culture of a bank sits at the top; if senior management creates the right culture, good regulatory practice and procedures will naturally follow.

Following the financial crisis, the senior management of banks has come under increasing regulatory scrutiny and, in some jurisdictions, proposals have been put forward to make it easier to make them accountable for their actions.

To help our clients navigate, understand and keep up to date with current developments, we have produced a comparative analysis of how senior management responsibility in banks is being treated in 14 different jurisdictions around the world, covering Australia, Belgium, Canada, China, France, Hong Kong, Indonesia, Italy, Poland, Singapore, South Africa, The Netherlands, United Kingdom and United States.

You might also be interested in our global comparative analysis on proprietary trading by banks around the world.