A Framework for Assessing Regulatory Maturity
In the current regulatory environment, banks find it complex and challenging to interpret and assess regulatory requirements on conduct risk. In this this article, experts from Tata Consultancy Services suggest a robust approach for assessing the level of maturity attained by a bank in conduct risk vis-à-vis regulatory requirements and a remediation plan to bridge gaps.
with co-author Sasidharan Chandran
Conduct risk is a key emerging risk and has been defined by the Financial Conduct Authority (FCA) as “the risk…
