The change in the style of engagement , from the old senior managers regime and conduct risk to the new culture assessment, adds a layer to the existing conduct assessments. Faced with a shift in the style of interaction with conduct regulators in the UK and other conduct jurisdictions, new analytic tools that are more predictive and can assist firms in intervening sooner to prevent any culture wobbles or early signs of misconduct are required.
Key learning objectives:
What are the internal tools for culture assessment?
What are the external tools for culture assessment?