2023 banking regulatory outlook is a report that discusses the key regulatory expectations for banks in the coming year. The report highlights the need for banks to continue to work on meeting core supervisory expectations, including responding to forces of innovation, fortifying governance and controls, and expanding the scope of financial risk management. The report also notes the importance of data governance and reporting, cyber and IT risk, BSA/AML and sanctions, consumer protection, and financial inclusion. Additionally, the report covers the issues of capital liquidity, climate-related financial risk, and an active 2023. The report concludes that while the banking system has maintained adequate capital and liquidity levels, concerns about systemic risk and resolvability persist.
