The impossibility of responsibility?

The CISI will be holding a special stream at this year’s Cambridge International Symposium on Economic Crime, on Friday 9 September 2016. This will focus on where individual responsibility lies in handling financial crime – both traditional and cyber

Brandon-Cambridge

Brandon Davies (pictured above), one of the world's great risk thinkers, a former head of risk at Barclays and now a director of a number of financial institutions, will lead off our stream at this year's Cambridge International Symposium on Economic Crime on 9 September with the question: can the responsibility thrust on board directors by regulatory regimes, particularly in Britain and other major nations, be handled by any one individual, as required by their laws? Taking risk, for example, can the non-executive chairman of an institution's risk committee possibly be expected to understand cyber risk, interest-rate risk, liquidity risk and all the other threats that loom on the horizon of a modern financial business? If not – and the answer is almost certainly no – how can executive directors and their managers help them make a good fist of this?

Join leading Institute members, and 1,500 fellow professionals from around the world, to debate these issues, and many more, in the world's leading event of its kind, which the CISI is honoured to sponsor for the second time. For full details please visit cisi.org/crime

Published: 09 Aug 2016
Categories:
  • Integrity & Ethics
  • Wealth Management
  • The Review
  • Press
  • Compliance, Regulation & Risk
Tags:
  • Cambridge Crime Symposium

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