Australia

Details

  • Service: Advisory, Risk Consulting, Topics, Managing Risk & Complexity, Financial Services Regulation
  • Industry: Financial Services, Banking
  • Type: Business and industry issue, Video
  • Date: 10/10/2013
  • Length: 14:28 Minutes

Banking Briefing Series

This series of regular short videos discusses key issues and industry developments in the Banking sector.

Video: Conduct risk and risk culture in the Banking sector 

Ian Pollari, Partner Financial Services and Tim Howarth, Partner, Regulatory Governance and Organisation Services, KPMG in the UK, explore conduct risk and mis-selling, as well as an area of growing attention for regulators, boards and senior management teams – risk culture.

In this video we:

  • define conduct risk and provide examples from the UK market place
  • discuss the response from consumers and regulators to the systemic series of issues around misconduct in the industry
  • discuss risk culture, looking at the UK market place and what banks are doing to address the issue
  • investigate the role of boards, particularly around establishing an appropriate risk appetite and setting the ‘right tone from the top’.
 

Share this

Share this

Financial services regulation

Financial services regulatory change
Regulation can involve change and complexity, however many organisations use regulatory to underpin business transformation and drive change.

Banking

KPMG’s banking practice in Australia is well placed to help clients successfully navigate challenging times and capitalise on opportunities.