Integrated Compliance and Total Risk Management - Hardcover

Arthus, Mark G.

Hardcover

ISBN 10: 1557383979 ISBN 13: 9781557383976

Publisher: Probus Professional Pub, 1994

Synopsis

Even though compliance is a major area of concern for banks, most institutions do not properly allocate time, money or resources to fulfilling the needs of a bank-wide compliance program. Often, when compliance efforts are limited to reviews managed by a small staff, regulatory risk increases and performance quality suffers. After all, if an institution waits to address problems until they arise, then that institution can almost certainly expect to have compliance problems.
Integrated Compliance and Total Risk Management is a proactive approach to compliance. Inside, you'll see how involving your entire staff in the process is the most effective, efficient and logical manner to manage compliance. Because all bankers are already required to keep their operations under compliance and to participate in examinations, it makes perfect sense to make compliance a regular part of their routine.
By integrating compliance efforts into every job, banks can reap tremendous benefits. Obviously, there will be a pronounced positive impact on regulatory compliance. It also becomes clear that getting things right the first time is a better way to increase your quality and performance levels and control risk than waiting to fix problems. Ultimately, an integrated approach to compliance and risk management can help your institution save time and money and end up with a better overall operation.
By letting your bankers use their expertise to keep up rather than catch up with compliance, you create a productive, compliance-oriented culture which fosters an atmosphere of increased productivity and profitability and reduced regulatory criticism.
Integrated Compliance and Total Risk Management offers proven strategies and plans of institutions which have seen tremendous success in their operations. This unique approach to the time-consuming, expensive, ineffective and frustrating problems of compliance can revolutionize your bank's performance.

Edition details

• Publisher: Probus Professional Pub
• Publication date: 1994
• Language: English
• ISBN 10: 1557383979
• ISBN 13: 9781557383976
• Binding: Hardcover
• Edition number: 1
• Number of pages: 250