Silicon Valley Bank - (Why) Did Regulation And Risk Management Fail To Uncover Substantial Risks?
"This paper examines the major causes of #svbcollapse collapse in March 2023 from a #regulatory and #riskmanagement perspective... Our analysis reveals major weaknesses in SVB’s risk management practice but also underlines weaknesses in the US regulatory regime [compared to #baseliii] reaching from reporting exemptions for small banks in the domain of liquidity and interest rate risks, non‑sufficiently sensitive monitoring ratios, and misalignments between #accounting and risk management principles hindering effective oversight."