Chapter 9

Risk and regulation


In this short chapter we look at some of the high level risk and compliance issues.

We look at compliance with the changing regulatory environment, governance and risk management issues.

We explore a generic risk universe, look at compliance risk and the general risks associated with clearing, settlement and custody.


regulation; risk; compliance operational risk


Risk and regulation have become immensely important areas of the financial and commodity markets, impacting on all participants. The ramifications of the market crash in 2008 and the subsequent economic problems have forced regulators worldwide to take action to ensure the proper operation of the markets and adequate risk control in businesses. ...

Get Clearing, Settlement and Custody, 2nd Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.