The FCA have released the industry feedback on banking supervision updated for September 2020.
“Wholesale banks have been investing substantial time, effort and financial resources in developing and delivering global change programmes to improve conduct risk management and, ultimately, culture. The FCA introduced the 5 Conduct Questions (5CQ) to assist in this effort. A fair question to ask now is how effective have firms been at embedding the desired changes among staff. This was the focus of some…”
Please read the full publication below.