Importance of Culture in Conduct

Importance of Culture in Conduct

Regulators around the world are continuously driving culture improvements, this has only grown in significance since the changes caused by the COVID-19 pandemic. In this video, Roger will discuss a few of the signs indicating the shift towards a culture focus, and also discuss how a firm's purpose may have changed during the pandemic.
Overview

Regulators have pushed forward with their global project of extending conduct controls into new territories. They have been putting their new tool, culture audit, into practice. Regulators, such as the FCA in the UK and The Dutch central bank, De Nederlandsche Bank have culture programmes in full swing. The Covid pandemic has had a significant impact on how financial firms behave and this has led to a number of considerations from regulators, such as the levels of stress workers have experienced and the new economic landscape.

Key learning objectives:

  • Identify the conduct and culture themes within financial firms that regulators focus on

  • Understand how the regulators assess whether a firm is ‘purposeful’

Join now to watch

This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.

Summary
logo-animationlogo-animationlogo-animation

Related videos

Join now to watch

This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.