Thread Starter: MagicCity
Title: Re: compliance culture
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I think Management support means that they let the rest of the bank know how important the function is, and hold them accountable for lapses in compliance. In our bank the Market Managers are "graded" by the Compliance Officer on a quarterly basis and it affects their compensation. In all our staff training the importance of compliance is stressed. The support of management is the most basic requirement for your success. Without management validating your position, no one else will give it importance.
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