Governance, Risk Management, Financial Regulation and Compliance

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