Risk Sensitivity Remains Critical as Banking Regulation Evolves

Video

Speaking at Balance Sheet Management Europe 2026, Adrian Docherty, Head of Bank Advisory at BNP Paribas, reflects on the evolution of banking regulation, the growing fragmentation of global regulatory frameworks, and the importance of maintaining risk-sensitive capital requirements. The discussion explores the future of Basel regulation, regulatory divergence, and the steps banks can take to remain resilient amid increasing uncertainty.

Oct 07, 2026

Adrian Docherty, Head of Bank Advisory, BNP Paribas

Tags: ALM, Treasury and Liquidity Risk

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Adrian Docherty reflects on why risk remains at the heart of effective banking regulation and financial stability, and discusses the evolution of the Basel framework over the past two decades. The interview examines the legacy of Basel II, concerns around declining risk sensitivity in capital regulation, and the potential implications of ongoing regulatory reform for banks, markets, and the wider financial system.

The conversation also explores increasing regulatory divergence across major jurisdictions and the challenges this creates for financial institutions. Drawing on discussions from Balance Sheet Management Europe 2026, Docherty highlights the importance of flexibility, scenario planning, and industry collaboration as banks prepare for an increasingly fragmented and uncertain regulatory environment.

Adrian Docherty Bio

Managing Director, Head of Bank Advisory, Corporate & Institutional Banking Adrian Docherty leads the Bank Advisory team, which provides key relationship bank clients with technical sector expertise and help on strategic financial issues relating to balance sheet management, resilience and performance. In practice, this means advising on capital structures, risk management, regulatory developments (especially Basel IV), funding/liquidity/ALM strategies, credit portfolio management, risk transfer approaches, value management frameworks and innovative ways of financing growth. Adrian has 33 years’ experience in advising financial institutions, initially as a strategy consultant with Booz Allen Hamilton. After nine years at Booz Allen, Adrian was hired by one of his clients, Barclays, to help run the rapidly growing investment banking business line. Adrian spent three years as COO of Investment Banking, before moving to run the balance sheet advisory team in Barclays Capital’s Financial Institutions Group. He moved to BNP Paribas to set up Bank Advisory in 2006. Adrian has a Master’s from Cambridge University. His book "Better Banking: Understanding and Addressing the Failures in Risk Management, Governance and Regulation" was published by Wiley in 2014