There is more scrutiny than ever on the risks to an organisations success that are related to the conduct of its people and the culture of the organisation. Regulators around the world are asking organisations to invest in tools that enable them to effectively monitor, measure and mitigate risks in these areas.
In the Information Paper of Culture and Conduct Practises for Financial institutions, MAS sets out its approach to culture and conduct, providing examples of acceptable best practises to consider; a Culture and Conduct Dashboard (CCD)being one of them. To deliver on their responsibilities, it’s essential that the Board and Senior management have the appropriate information at their fingertips and that it can be used to drive meaningful insights, identify risks, and steer initiatives to shape positive behaviours.
KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London.