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Book Summary
About the Book: Conduct Risk Management
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
About the Book: Conduct Risk Management
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