Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Regulation and Compliance in Operations
    Regulation and Compliance in Operations
    Regulation and Compliance in Operations
    Ebook185 pages3 hours

    Regulation and Compliance in Operations

    By David Loader

    ()

    Read preview

    About this ebook

    'Regulation and Compliance in Operations' looks at how regulation affects the operations function by focusing on regulatory issues and drivers. As regulatory demands ever increasing, it is important for operations teams to be aware of the important regulatory issues which exist globally. Like any other part of an organization in the financial services industry, operations has rules and regulations to comply with. Although many view regulation as being about rooting out rogue traders and controlling speculators, its role is much more profound than this, and without it many more 'scandals' would undoubtedly occur. The problem for the regulator is that unless total oversight of every transaction, account, business and individual can be made, there will always be rogue traders or more recent examples like Enron and World.Com. As such intense oversight is not practical, the regulator can only do so much, with most of the responsibility resting with the firms and organizations themselves.For operations teams their role in protecting the firm stems from their ability to manage critical processes like reconciliation, asset position agreements and the nostro accounts efficiently and effectively. Regulators need the help and support of the businesses to have a 'business-friendly environment'. When some abuse the trust placed in them and the regulatory environment, a 'scandal' or worse occurs, with the result that the majority are penalized as regulators react to criticism and apply more onerous regulations.It is often the operations teams that bear most, or at least some, of the repercussions of greater regulatory oversight of the business. It is therefore vitally important for operations teams to have a firm understanding of the regulatory issues and drivers. This book will help you gain that understanding, as well as looking at the important regulatory issues in the various global markets in which your business operates.

    * This book completes the popular Securities Institute Operations Management Series* Explains the role of regulation and compliance in UK, US and global financial markets* Provides a valuable perspective from the operations department viewpoint without getting caught up in the minute details of regulations
    LanguageEnglish
    PublisherElsevier Science
    Release dateDec 5, 2003
    ISBN9780080516004
    Regulation and Compliance in Operations
    Author

    David Loader

    David Loader is the cofounder of DSC Portfolios Ltd., which specializes in global training and consultancy services for the financial industry. He has worked in the debt, equity, and derivatives markets, and his expertise in back-office dynamics is unparalleled. He has written widely on operations management, derivatives, fund administration, and operational risk.

    Read more from David Loader

    Related to Regulation and Compliance in Operations

    Related ebooks

    Business & Financial Law For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      How To Revive Our Flagging Stockmarket

      Jul 9, 2021

      No one would deny that the rules governing what companies can list on the stockmarket, and on what conditions, were in need of radical reform. Over almost three decades, regulators have tightened and tightened the rules. The aim was to protect invest

      3 min read

    • Article

      “Whether You’re Investing In The Firm Or The Tech, Always Kick Its Tyres”

      Nov 10, 2022

      This year we’ve seen three high-profile corporate scandals with larger-than-life CEOs in the dock facing serious allegations, and it’s tech companies that are at the centre of all the action: Theranos, Wirecard and Autonomy. All three CEOs have been

      6 min read

    • Article

      Under The Finfluence

      Sep 15, 2023

      Under The Finfluence
      8 min read

    • Article

      What Steps Should You Take Before You Buy or Sell a Business?

      Sep 2, 2019

      For a business owner looking to sell their business, this transaction will likely be the biggest liquidity event of their life and the culmination of their life's work. Starting a business, growing it, hiring trusted team members -- for many, their b

      4 min read

    • Article

      How to Avoid Being Robbed Blind After You Die

      Jul 16, 2018

      In February 2018, prominent NYC attorney Steven Etkind was arrested on charges of embezzling millions of dollars from a deceased client's estate. The client's will directed the creation of charitable trusts (of which Etkind served as co-trustee), fun

      5 min read

    • Article

      Debt Markets For All

      May 13, 2019

      Debt Markets For All
      2 min read

    • Article

      Property Managment Comes Of Age

      Feb 3, 2022

      Property Managment Comes Of Age
      4 min read

    • Article

      Taking a Tough Stance

      Feb 6, 2023

      Taking a Tough Stance
      2 min read

    • Article

      Look For The Hidden Gems

      Feb 24, 2021

      Look For The Hidden Gems
      4 min read

    • Article

      Beware Of Unregulated Investments

      Jul 29, 2022

      UNREGULATED INVESTMENTS, many of which are high-risk, not only in the sense of the asset class but also potentially in terms of the underlying assets – and some of which are just outright scams – have become a major problem in the UK. Since the intro

      3 min read

    • Article

      Crypto Trading 101: Identifying Safe (Or at Least Safer) Cryptocurrency Exchanges

      Apr 23, 2018

      Those interested in dipping their toes into Bitcoin, Ethereum or other emerging currencies first need to do some digging into which exchange they will use in this investing Wild West. Choosing the wrong exchange could possibly mean losing all your co

      4 min read

    • Article

      Protection For SA Cryptocurrency Investors

      Nov 28, 2020

      IN AUGUST, I wrote that “cryptocurrency is coming of age as an investment” in the light of more buy-in from large global institutional investors, wide interest on the part of a younger generation of investors, and increased regulation, which would ha

      3 min read

    • Article

      Protection For SA Cryptocurrency Investors

      Nov 28, 2020

      IN AUGUST, I wrote that “cryptocurrency is coming of age as an investment” in the light of more buy-in from large global institutional investors, wide interest on the part of a younger generation of investors, and increased regulation, which would ha

      3 min read

    • Article

      Protection For SA Cryptocurrency Investors

      Nov 28, 2020

      IN AUGUST, I wrote that “cryptocurrency is coming of age as an investment” in the light of more buy-in from large global institutional investors, wide interest on the part of a younger generation of investors, and increased regulation, which would ha

      3 min read

    • Article

      Privacy Practices Put To The Test

      Dec 1, 2022

      Consumer NZ recently released a report on the property management industry. The report was released after a mystery shop survey was undertaken on many property management companies throughout New Zealand. Overall, 71 calls were made to 32 agencies ac

      2 min read

    • Article

      Protection For SA Cryptocurrency Investors

      Nov 28, 2020

      IN AUGUST, I wrote that “cryptocurrency is coming of age as an investment” in the light of more buy-in from large global institutional investors, wide interest on the part of a younger generation of investors, and increased regulation, which would ha

      3 min read

    • Article

      Penny Stocks: Why You Should Always Stay Away

      Aug 18, 2021

      Penny stocks – those stocks that trade for low prices, often with share prices of less than a dollar per share – are dangerous. Period. Indeed, with a few exceptions, investors should steer clear of these uber-cheap stocks, which typically trade over

      3 min read

    • Article

      Investors Win with New SEC 'Best Interest' Rules on Brokers

      Sep 10, 2019

      The Securities and Exchange Commission (SEC) recently approved a consumer-friendly package of Best Interest Rules that require brokerage firms to disclose potential conflicts of interest when giving financial guidance to consumers. The new requireme

      3 min read

    • Article

      Look For Honesty, Not Hype

      Jul 28, 2021

      Last month we looked at the technology sector of the ASX, and I made the point that adding the suffix “tech” seems to be good for business – and for share prices. I stand by that, but – in part because it’s a growing sector, and in part because its p

      2 min read

    Related categories

    Reviews for Regulation and Compliance in Operations

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Regulation and Compliance in Operations - David Loader

      Enjoying the preview?
      Page 1 of 1