Risk management from a banking compliance officer's viewpoint

Abstract

This paper provides an overview of some of the key drivers for the compliance officer's contribution to risk management in a complex group situation. The importance of ensuring the compliance officers's proximity to the business is emphasised against the backdrop of the need to manage competing interests and the impact of evolving regulations. The paper identifies major internal and external influences on the role of the compliance officer and argues that there is much synergy between the objectives of the compliance and risk management functions in a banking group.

Citation

Fox, J. (1999), "Risk management from a banking compliance officer's viewpoint", Journal of Financial Regulation and Compliance, Vol. 7 No. 1, pp. 27-30. https://doi.org/10.1108/eb024994