Understanding and addressing the drivers of conduct risk is fundamental in further developing standards of behavior. The sources of conduct risks can be categorized into: Inherent factors Governance and business processes Economic and environmental factors Let’s understand these factors/ sources of conduct risks in detail. Inherent Factors Various inherent factors are causing the conduct risks […]
It is by now evident that the protracted effects of the Covid-19 pandemic on the workforce lifestyles and patterns across the world aren’t in a crisis management stage anymore — they are here to stay. Ever since the virus gained its ‘pandemic’ status, organizations worldwide forced to shift their workforces into isolated silos of their […]
The front office or first line of defense has been increasingly assuming overwhelming importance in the organizational structure. It is, therefore, not a surprise that a dedicated front-office control function is now standard practice for firms to enhance the ability to manage non-financial risks. In this regard, firms have been following the classic three-line defense […]
Remote working & the emergence of video-based collaboration tools For well over a year now, the Covid-19 pandemic has forced organizations worldwide to shift their workforce into the remote Work-From-Home mode in an attempt to ‘flatten the curve’. The shift to digital communication and remote workplaces often became the deciding factor in measuring whether a […]
What is Abuse? Abuse of any form or nature is an act of unjustified oppression, blaming, or dehumanization using manipulative, discriminatory, or bullying behavior that may cause the recipient profound emotional distress that may have life-altering negative manifestations. Some of the common forms of abuse include Ethnicity Abuse, Community Abuse, Sexual Minorities Abuse, Nationalism Abuse, […]
