Risky Women Singapore: The Cost of Compliance

Risky Women Singapore: The Cost of Compliance

Risky Women Singapore: The Cost of Compliance 506 516 Risky Women

Back in Asia Pacific, Risky Women travelled to Singapore in September. Michelle Kam, Thomson Reuters, Head of Risk, Asia presented the results of the latest Cost of Compliance survey. The seventh Thomson Reuters published survey into the cost of compliance and the challenges firms expect to face in the year ahead. Compliance professionals from financial services firms
across the world took part in the survey with the results enabling firms to benchmark the changing challenges against a backdrop of increasing personal liability. Always a popular topic with Risky Women we have debated and discussed this at several events.

Our Chief Risky Woman, Kimberley Cole hosted the Singapore group and shared a study by Oliver Wyman in her opening remarks on statistics and findings which looked across financial services and sharing the findings of the chapter focused on Risk Management titled “Where are the female CRO’s?” outlining the need for more focus on increasing diversity and elevating more women into key positions for better risk management.

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