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 Malcolm McDonald on Value Propositions by Dr Roger Miles
Cover of the book International Human Resource Development by Dr Roger Miles
Cover of the book Making Change Work by Dr Roger Miles
Cover of the book Develop Your Leadership Skills by Dr Roger Miles
Cover of the book Public Relations and the Social Web by Dr Roger Miles
Cover of the book Taking Minutes of Meetings by Dr Roger Miles
Cover of the book Apprenticeships by Dr Roger Miles
Cover of the book Practical Teaching Skills for Driving Instructors by Dr Roger Miles
Cover of the book Leadership Transitions by Dr Roger Miles
Cover of the book 50 Top Tools for Employee Engagement by Dr Roger Miles
Cover of the book Introduction to Organisational Behaviour by Dr Roger Miles
Cover of the book IQ and Psychometric Test Workbook by Dr Roger Miles
Cover of the book How to Master Your Medical School Finals by Dr Roger Miles
Cover of the book Preparing the Perfect Job Application by Dr Roger Miles
Cover of the book A Guide to Non-Cash Reward 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