What is risk-based regulation?

Premier Tech Partner,

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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.

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