How to Ensure Your Supervisory College Meeting Is an Abysmal Failure

Abstract

This tongue-in-cheek short article is based on my conversations with central bankers and bank supervisors regarding the operation of supervisory colleges. The tone of the article was inspired by a “tongue in cheek” presentation by the Honorable William B. Traxler, Jr., judge on the 4th Circuit Court of Appeals, Richmond, Virginia, at a bar meeting in South Carolina in the late 1990s and more recently, by a dinner speech given by Norman T.L. Chan on Nov. 22, 2017, entitled “How to Get Rid of Banking Supervisors.” Mr. Chan indicated his motivation for the title of the speech was to attract “a few more senior bankers to help foot the dinner bill.”

Keywords: supervisory college, bank supervision, bank regulation, central banks

JEL Classification: N20, K23, G21, G38