Digital transformation is both a strategic imperative and a risk for banks, says Supervisory Board member Elizabeth McCaul.

As well as overhauling their business models, banks must also adapt their governance, risk management and steering capabilities https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp230310~ae637b1cb3.en.html

🐦🔗: https://n.respublicae.eu/ecb/status/1634144416515477506