What is risk-based regulation?
Date postedDecember 20, 2022
Risk-based regulation has become somewhat of a buzzword over the past few years as regulatory agencies all over the world endeavor to adopt a risk-based approach. But what does it take for a regulator to truly be “risk-based”? While there is no universal answer that will apply to every regulator, this Ascend article explores this question with insights from regulatory expert Malcolm Sparrow.