Risk culture influences how managers and employees approach risks, and therefore affects the safety of banks. Even during periods of solid financial health banks need a strong risk culture to help prevent future losses.

More in our Supervision Newsletter https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl230215_3.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=230215_basu_newsletter_feb_2023

🐦🔗: https://n.respublicae.eu/ecb/status/1628386712119386112