Risk and Reward: why compliance should be a true risk management function -- Part 1

March 2007
Credit Control;2007, Vol. 28 Issue 3, p21
Trade Publication
The article analyzes how a different approach is coming to be expected of financial service companies both in the U.S. and Europe by regulators, highlighting a number of areas of risk management. Expectation on senior management is forcing compliance departments in managing their work in the way of other risk management functions. Furthermore, it has been indicated that it is a prime competitive advantage that a company can demonstrate its capacity in risk management.


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