There is growing pressure to ease post-Global Financial Crisis regulatory and supervisory frameworks and to simplify financial supervision.This TC Note makes proposals for supervisory effectiveness and—where consistent with more effective supervision—the simplification of supervisory methodologies and processes. Drawing on lessons from recent bank failures, it identifies three ways to make supervision more effective in identifying and mitigating unacceptable risks:Fully implementing risk-based supervision Enhancing cross cooperation and collaboration among supervisory authorities and other organizationsUsing SupTech carefully, recognizing the need for human intervention and judgementGuest: Clive Briault, Chair, Banking Advisory Board, Toronto CentreHost: Demet Çanakçı, Senior Program Director, Toronto CentreRead the transcript here. Read their biographies here.