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Chris Davies: "By viewing the compliance team as strategic partners rather than regulatory ‘police’, firms can make use of their considerable insights to help shape the future of the business."
Recognising business and compliance risks are interrelated and thus using appropriate strategies to manage them is crucial in the financial services sector, writes Chris Davies
One of the biggest risks we see retail intermediary advisers (RIAs) make is confusing business and compliance risk. Recommending a product deemed suitable to meet current client needs, for example, does...
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