Banks and capital markets firms to invest more in compliance

A new study shows most compliance managers at banking and capital markets firms predict that they will increase their investment in compliance risk management over the course of the next two years.

A new study by Accenture shows most compliance managers at banking and capital markets firms predict that they will increase their investment in compliance risk management over the course of the next two years. Equally, the survey finds they want to build on the stature compliance it has achieved in recent years.

The study, titled “Compliance’s Seat at the Table – Hard to Earn, Hard to Retain” also found that despite these investments, compliance organizations frequently falls short of their own expectations. That, according to the report, alone creates the need for yet further efforts to raise the status of compliance within their organizations.

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Alexis Harrison

Alexis Harrison is a Connecticut-based writer and public relations professional whose career spans both print journalism and broadcast news. Alexis started her professional life as...

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