When it comes to a top spot on the board agenda, competition is fierce. Yet conduct risk is making its presence felt. Industry-wide events from LIBOR fixing to mis-selling, and the subsequent regulatory changes, may largely explain why this is - but what are the implications? To answer that, we need to look inside financial services firms.
Earlier this year, Board Intelligence and retail conduct risk specialists, Huntswood, spoke to Company Secretaries throughout the financial services industry, to explore three questions:
- How has board interest in conduct risk changed?
- What are the implications for Non-Executive Directors and Company Secretaries?
- What are the implications for board reporting?
To see our thoughts and findings on these questions please download the article by clicking below. And to discuss the place of conduct risk in your board pack, please contact Lucinda.Robinson@Boardintelligence.co.uk.
A full report on the research will be out next month.