Financial services firms operate under complex and heavy regulation.
Although global optimism is on the rise, the financial services sector still has work to do to regain the trust of individuals, public authorities, and private companies.
Grant Thornton’s global network of member firms assists clients with asset management, banking and securities, and insurance. Our main services are audit and assurance, business risk management, consulting, compliance, risk and capital management, taxation, and transactions and restructuring. Many of our professionals have worked at CFO-level or in other financial and operational positions in the sector.
A good culture should not only be good on paper – it should work for, and be felt by, everyone.
Financial institutions and Regulators in Australia are talking about culture and more specifically risk culture.
Around the world, the issue of corporate culture is receiving increased regulatory attention as a foundation of good governance. As a result, the issue has arguably never been as high up the business agenda as it is today.