In Episode 6, Compliance Tyler looks at conduct risk management information. You should consider the following questions for your firm:
• How does conduct MI align to business/product goals and conduct risks/outcomes?
• How does conduct MI inform senior management whether they are within risk appetite, show trends, root cause analysis, and identify potential ‘read across’?
• Is data analytics used sufficiently? Eg to detect suspicious patterns in data from Gifts and Entertainment, Personal Account dealing, P&L, Whistleblowing and Personal Conflicts systems
This video was brought to you by The Conduct Mind. theconductmind.com