Thomson Reuters: More Financial Executives Forego Business Decisions as Personal Liability Seems More Likely
Concern by financial executives about the risks of personal liability appears to be affecting the strategic business decisions they make, according to a global survey of compliance and risk practitioners at financial firms. For the first time, Thomson Reuters research shows a direct correlation between bank culture and conduct risk, as well as with the steps firms are taking to change culture and mitigate risk
The study, Thomson Reuters Culture and Conduct Risk 2017 survey report, suggests
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