Spotlight on culture, conduct and ethics: how to get it right

Author: Linklaters | Published: 8 Jul 2019

Linklaters lawyers explain how financial services firms should address the range of behavioural remedies to have emerged from regulators in recent years

1 minute read
In an environment of increased regulatory focus on culture, conduct and ethics, it is essential for firms and their senior management teams to engage and critically evaluate whether their organisational approach and business model are built on solid ethical and cultural foundations, and deliver the intended and expected outcomes. Linklaters lawyers consider the challenges facing firms and how to get this right in practice

Strengthening and restoring trust in the financial services industry has been a key driver of regulatory change in the decade since the 2008 global financial crisis. As part of this, there has been significant governmental, regulatory and stakeholder attention on culture, conduct and ethics. The importance of these intangible concepts and getting it right are squarely in the spotlight.

Particularly noticeable...