New Accountability in Financial Services

New Accountability in Financial Services

by Joe McGrath and Ciaran Walker
Epub (Kobo), Epub (Adobe)
Publication Date: 18/01/2022

Share This eBook:

  $152.99

This book is a critical examination of recently introduced individual accountability regimes that apply to the financial services industry in the UK (SMCR) and Australia (BEAR and the forthcoming FAR), together with a forthcoming new individual accountability regime ( in particular, SEAR) in Ireland. It provides a framework for analysing whether these regimes will achieve behavioural change in the financial services industry. This book argues that, whilst sanctioning individuals to deter future misconduct is an important part of any successful regulatory strategy, the focus should be on ensuring that individuals in the financial services industry internalise the norms of behaviour expected under the new regimes. In this regard, the analysis in this book is informed by criminological theory, regulatory theory and behavioural science. The work also argues for a “trajectory towards professionalisation” of financial services, and banking in particular, as an important means of positively influencing industry-wide norms of behaviour, which have a key influence on firms’ and individuals’ behaviours.

ISBN:
9783030887155
9783030887155
Category:
Crime & criminology
Format:
Epub (Kobo), Epub (Adobe)
Publication Date:
18-01-2022
Language:
English
Publisher:
Springer International Publishing

This item is delivered digitally

Reviews

Be the first to review New Accountability in Financial Services.