In a Boston Business Journal article looking at some of the regulatory changes the US government has made following the collapse of Silicon Valley Bank, partner Kristin Lee remarked that “staff from the federal banking agencies have been very clear that they are focused on comprehensive supervision, and[,] more specifically, thoughtful, proactive, and rapid bank supervision.”
Kristin added, “Once issues are identified, the banking agencies will be focused on ensuring that they are remediated as quickly as possible.”
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