SETTING THE RIGHT COMPLIANCE CULTURE
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 February 1994
Abstract
The paper examines the basic approaches to compliance in UK investment businesses and how they affect the role of the compliance officer. Many organisations seek to impose compliance disciplines through a strong, central compliance department. This approach may have been successful in the past. However, in the long run, a firm will not be able to follow the regulations effectively and efficiently until compliance becomes part of its culture. Many organisations have not yet recognised the need to change their approach.
Citation
MILROY MA FCA, P. (1994), "SETTING THE RIGHT COMPLIANCE CULTURE", Journal of Financial Regulation and Compliance, Vol. 2 No. 2, pp. 155-159. https://doi.org/10.1108/eb024803
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited