Banks take various approaches to tackling conduct risk

Definitions, reporting lines, frameworks and metrics vary among major banks, Risk.net research shows

Conduct keyboard
Key action: evaluating conduct risk starts with establishing a useful definition

The global financial crisis may have been eight years ago, but the world's largest banks still face immense pressure from regulators to improve their conduct.

Having uncovered manipulation in the foreign exchange market, global supervisors are planning to finalise and implement a code of conduct for the market in May 2017. More broadly, the Madrid-based International Organization of Securities Commissions says it is working to establish a task force of global regulators to scrutinise and set

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