Explorations on the limitations of compliance to solve culture & conduct issues
Observations
May 31, 2023Thomson Reuters Regulatory Intelligence recently published the 2023 edition of its annual "Costs of Compliance" report, displaying the results of its survey of more than 350 compliance officers in financial services firms globally. Respondents reported facing ever-increasing demands and stagnating budgets.
Observations
Aug 02, 2022by Brandon Garrett, Greg Mitchell
Compendium
May 15, 2022by Stephen Scott, James H Freis , Gary Cohn, Thomas J. Curry
Thoughts
Jan 26, 2021A failure to manage financial risks among banks triggered the 2008 Financial Crisis, costing Americans more than $10 trillion. The next crisis may well follow from their failure to manage “conduct risks.”
