Dg Driver: Governance, Risk Management, Financial Regulation and Compliance: An Integrated Approach, Gebunden

Beschreibung

A real-world guide to understanding and tackling the strategic, risk, regulatory and compliance challenges of the financial sector
There are many good books on each of the four topics covered in this unique guide. Yet, surprisingly, until now there were none offering an integrated approach to all four. If the financial crisis has taught us anything, it's that the time is long past when financial firm directors, senior managers, compliance professionals and regulators could operate effectively or ethically without being fully cognizant of the dynamic interconnect between risk management, financial regulation, corporate governance and compliance. Written by a world-class expert in the field, this book provides advanced real-world guidance on understanding and tackling the inextricably linked challenges of all four.
Based on the author's extensive experience as both an academic researcher and a risk management professional to offer a unique, integrated approach to all four topics
Explores the fundamentals of financial intermediation and describes the functions, objectives and strategic choices available to each of the various market sectors
Provides a taxonomy of key risks, along with in-depth coverage of risk appetite--a subject rarely covered in current literature
Covers the gamut of regulatory tools and techniques, with expert guidance on Basel 2, Dodd-Frank, Solvency 2, UCITS, MIFIC, TCF, the FSA Handbook, SEC rules, and codes of corporate governance

Klappentext

Governance, Risk Management, Financial Regulation, and Compliance is an advanced, real-world guide to understanding and tackling the myriad challenges of the financial sector. With an integrated approach to the four key interrelated topics, this book marries academic rigour with practical understanding to set out a theoretical context as a background upon which to juxtapose realistic case studies and examples. Readers are encouraged to adopt a "big picture" view, and think beyond ratio calculation and price instruments to recognise the impact that financial firms and their actions have on stakeholders and the society in which such firms operate. With guidance toward managing strategy, risk, regulation, and compliance, this book provides a level of coverage rarely found in current literature.

Books on these issues generally fall at either end of the spectrum - either focused, detailed, single-issue texts, or vague, mainstream guides to the financial crisis. This book spans the entire spectrum, combining the two extremes to present a comprehensive approach to the interlinked problems at the heart of the financial sector's challenges.

• Understand the nature of financial intermediations and the functions, objectives, and strategic choices for each sector
• Examine the oversight of financial firms with a taxonomy of key risks and coverage of risk appetite
• Review the basis for financial regulation, with historical context and the legal basis for regulatory practice
• Explore the practicalities of Basel 2, Dodd-Frank, Solvency 2, UCITS, MIFIC, TCF, corporate codes of governance, and more

The financial crisis has made it clear that those at the top of the sector need a better understanding of the issues they face. With complete coverage and practical solutions, this book provides thorough information and expert insight on Governance, Risk Management, Financial Regulation, and Compliance.