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Conduct Risk: A Practitioner’s Guide
Discipline: Operational Risk
No of pages: 335
First published:
ISBN: 9781782723219
There has long been a struggle in financial institutions to understand what conduct risk is and how to measure and manage it. Conduct Risk: A Practitioner’s Guide, edited by Peter Haines, acts as the definitive guide to both understanding what it is and how to respond to that risk in order to ensure that organisations can satisfy the needs of the regulator and manage their conduct risk with customers.
Peter Haines and his team of expert contributors describe the rise of this risk, which currently sits at the top of the boardroom agenda for every major financial institution. Conduct Risk is intended for anyone trying to understand the nature of this risk and its impact on financial institutions.
Contents
Introduction
An Overview of Conduct Risk
How Does Conduct Risk Manifest and What Are Its Root Causes?
What Are the Driving Forces of and Who Owns Conduct Risk?
Scope and Ownership within the Business
Conduct Risk in Financial Services: Lessons from the Hospitality and Leisure Industry
Ethical Culture: What, Why and How?
Language and Conduct Risk: Limited Language – Big Blind Spots
An Anthropological Perspective on Conduct Risk
Identifying and Measuring Conduct Risk
Risk Appetite Setting and Modelling Conduct Risk
The Effect of Conduct Risk Losses on Reputation
Bringing the Customer Back to the Foreground: The End of Conduct Risk?
Managing Conduct Risk
Closing Comments on the Future of Conduct Risk