Journal of Financial Regulation and Compliance: Volume 7 Issue 1

Risk management in insurance

David E. Bland

This paper outlines the aspects of risk management that are applicable to insuring and insurance broking operations. Insurance is a risk‐accepting, rather than risk‐averse…

Risk management and the retail sector: A banking perspective

Tansy Hepton

Within a retail bank, the key risks relate to customers and the way in which the bank deals with them, rather than to financial markets. This paper identifies those key risks…

Risk‐based compliance monitoring

Dawn Batchelor

This paper sets out the fundamental generic concepts behind applying a risk‐based approach to monitoring compliance with PIA's regulations. It also looks at some of the practical…

Risk management from a banking compliance officer's viewpoint

John Fox

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…

Audit regulation: A partial solution expanded

Vivien Beattie, Richard Brandt, Stella Fearnley

The Department of Trade and Industry (DTI) issued a consultation document in November 1998, which set out a framework for the independent regulation of the accountancy profession…

Automated compliance systems

Fredda E. Ackerman, R. Darrell Mounts, David U. Thomas

In recent years, investment management companies and other financial service entities have placed an increasing emphasis on strengthening their compliance departments and systems…

Corporate governance: Cadbury, Greenbury and Hampel — A review

Helen Short

Concern over the standards of corporate governance in the UK has led to the publication of three committee reports: Cadbury, Greenbury and, most recently, Hampel. Following the…

Website review

Martyn Kendrick

This website review will consider some selected websites that are of particular interest to anyone with an interest in risk management.

In the matter of Market Wizard Systems (UK) Limited and in the matter of the Insolvency Act 1986

Joanna Gray

Between September 1997 and March 1998 Market Wizard Systems (UK) Ltd (the Company) advertised and sold a computer software package called the Market Wizard Equity Options Trading…

J. Rothschild Assurance plc v John Robert Collyear (First Defendant) and others

J Rix

The Plaintiff, J. Rothschild Assurance plc, is a life assurance company. This case arose out of the review of pensions mis‐selling and the Plaintiff sought to be indemnified by…

Regulatory update

LEGISLATION The Individual Savings Account (Insurance Companies) Regulations 1998 (SI 1998/1871) Effective from: 6th May, 1999. Made pursuant to s. 333B Income and Corporation…