The effective management of conduct risk is a priority for both the central bank and regulated entities in 2015. In the attached presentation to the society of actuaries risk management perspectives conference on 30 September, Brian explores what is driving conduct risk onto board agendas. Conduct related regulatory penalties, increased focus from the central bank and a suite of incoming legislative requirements mean that firms are being challenged to develop appropriate frameworks to manage conduct risk. In the attached presentation, Brian looks at the components of an effective conduct risk framework focusing in particular on forward looking management information, steps being taken to improve risk culture and how firms are addressing the specific risks which arise from selling through digital channels
