Conduct Risk Management

Using a Behavioural Approach to Protect Your Board and Financial Services Business

Business & Finance, Industries & Professions, Insurance, Industries, Nonfiction, Reference & Language, Reference
Cover of the book Conduct Risk Management by Dr Roger Miles, Kogan Page
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Dr Roger Miles ISBN: 9780749478629
Publisher: Kogan Page Publication: January 3, 2017
Imprint: Kogan Page Language: English
Author: Dr Roger Miles
ISBN: 9780749478629
Publisher: Kogan Page
Publication: January 3, 2017
Imprint: Kogan Page
Language: English

Conduct risk is at the core of behavioural regulation, a new approach to regulating financial services, whose new agencies and public prosecutors have spread rapidly across the world. Its prosecutors intervene assertively to challenge financial service providers to show clear evidence of a new customer-centric approach, which understands and responds to the hidden drivers of customer behaviour. They use their unprecedented powers to levy very large fines and even to imprison wrongdoers - often for not taking precautions rather than for any active wrongdoing. Conduct Risk Management is a tool for recognizing, acting on, and predicting conduct risk impacts in regulated business.

***Conduct Risk Management***sees beyond econometric and other 'box-ticking' traditions of risk management. Whilst protecting senior managers, it helps all staff to make positive use of conduct risk to promote behaviour the regulator will accept as 'good', as good behaviour is good business. The new conduct regulations personally affect every manager in financial services, and their suppliers, with new regulations making senior managers liable to imprisonment for failures in organizational conduct. Conduct Risk Management sets out plainly what practitioners need to know to understand the regulator's intentions, to prove compliance, protect competitiveness and maintain licence to operate.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Conduct risk is at the core of behavioural regulation, a new approach to regulating financial services, whose new agencies and public prosecutors have spread rapidly across the world. Its prosecutors intervene assertively to challenge financial service providers to show clear evidence of a new customer-centric approach, which understands and responds to the hidden drivers of customer behaviour. They use their unprecedented powers to levy very large fines and even to imprison wrongdoers - often for not taking precautions rather than for any active wrongdoing. Conduct Risk Management is a tool for recognizing, acting on, and predicting conduct risk impacts in regulated business.

***Conduct Risk Management***sees beyond econometric and other 'box-ticking' traditions of risk management. Whilst protecting senior managers, it helps all staff to make positive use of conduct risk to promote behaviour the regulator will accept as 'good', as good behaviour is good business. The new conduct regulations personally affect every manager in financial services, and their suppliers, with new regulations making senior managers liable to imprisonment for failures in organizational conduct. Conduct Risk Management sets out plainly what practitioners need to know to understand the regulator's intentions, to prove compliance, protect competitiveness and maintain licence to operate.

More books from Kogan Page

Cover of the book Global Account Management by Dr Roger Miles
Cover of the book Advertising Transformed by Dr Roger Miles
Cover of the book The Language of Leaders by Dr Roger Miles
Cover of the book A-Z of Careers and Jobs by Dr Roger Miles
Cover of the book High Impact Fee Negotiation and Management for Professionals by Dr Roger Miles
Cover of the book The Human Workplace by Dr Roger Miles
Cover of the book Effective Internal Communication by Dr Roger Miles
Cover of the book Supplier Relationship Management by Dr Roger Miles
Cover of the book The Handbook of Logistics and Distribution Management by Dr Roger Miles
Cover of the book Selling Your Value Proposition by Dr Roger Miles
Cover of the book Building a Culture of Innovation by Dr Roger Miles
Cover of the book Innovation for the Fatigued by Dr Roger Miles
Cover of the book Fundamentals of Risk Management by Dr Roger Miles
Cover of the book Ultimate Psychometric Tests by Dr Roger Miles
Cover of the book Profitable Buying Strategies by Dr Roger Miles
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy