The Regulatory Compliance Matrix: Regulation of Financial Services, Information and Communication Technology, and Generally Related Matters
Published on 31. July 2015
Book
Paperback/Softback
296 pages
978-1-908585-05-9 (ISBN)
Description
Inside, the reader will find the following key resources: (1) Regulatory Compliance Matrix: a synopsis of the principal domains of applicable regulation, setting forth legal norms, ancillary standards and guidelines. This Matrix covers the laws and regulations specific to financial services (Part I) and information and communications technology (Part II) at the global and European as well at the UK national and sub-national level. Part III of the Matrix covers generally applicable regulatory domains like corporate governance, consumer protection and employment law, information security, data protection and electronic commerce. (2) Regulatory authorities: a comprehensive listing with descriptions of authorities who define the regulatory agenda. Weblinks are provided for each authority, which enables the reader to access the latest regulatory developments and updates.(
3) Overview of the conduct of effective compliance programmes: a pragmatic approach to the entire process, from scoping and prioritisation, conducting risk assessments, defining control activities and reporting requirements; to undertaking effectiveness reviews, documenting findings and making recommendations; to assessing compliance maturity and creating action plans. (4) Non-compliance costs checklist: a detailed list of financial, operational, personal, and regulatory risks. This will assist readers with risk assessment and prioritisation of compliance domains.
3) Overview of the conduct of effective compliance programmes: a pragmatic approach to the entire process, from scoping and prioritisation, conducting risk assessments, defining control activities and reporting requirements; to undertaking effectiveness reviews, documenting findings and making recommendations; to assessing compliance maturity and creating action plans. (4) Non-compliance costs checklist: a detailed list of financial, operational, personal, and regulatory risks. This will assist readers with risk assessment and prioritisation of compliance domains.
More details
Series
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Illustrations
four tables
Dimensions
Height: 244 mm
Width: 170 mm
Thickness: 16 mm
Weight
476 gr
ISBN-13
978-1-908585-05-9 (9781908585059)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Guido Reinke is as a certified auditor and assurance professional advising firms in matters of regulation, corporate governance, and compliance programmes. His industry specialism is financial services and information and communication technology. After employment by the European Commission, he worked for regulated industries and at Big Four professional services firms. He holds a Doctorate in Politics and International Relations from the University of London, and has lectured on Regulatory Governance at the London School of Economics.
Content
PREFACE ACKNOWLEDGEMENTS LIST OF FIGURES INTRODUCTION A. What regulatory compliance is and how it is defined B. What are the costs of non-compliance? Part A: Costs for the individuals and single organisations 1. Financial penalties 2. Operational costs 3. Personal implications 4. Regulatory consequences Part B: Systemic costs for the whole industry 1. Financial penalties 2. Operational costs 3. Personal implications 4. Regulatory consequences C. The myth: Regulation is complicated D. How can the Regulatory Compliance Matrix can help? E. How are the most effective regulatory compliance programmes carried out? Phase 1: Scope and Prioritisation (Regulatory Compliance Matrix) Phase 2: Conduct a risk assessment Phase 3: Define control activities and reporting requirements Phase 4: Undertake an effectiveness review Phase 5: Document findings and make recommendations for improvement Phase 6: Make an assessment of compliance maturity (RC Maturity Model) Phase 7: Prioritisation of activities (Heatmaps and Action Quadrant Diagram) Phase 8: Action Plans (Roadmaps) F. Who should use this reference guide? G. The main objectives of this guide H. What experience may be required to carry on regulatory compliance? I. How dangerous is this book? ABOUT THE REGULATORY COMPLIANCE MATRIX PART 1 FINANCIAL SERVICES LAWS AND REGULATIONS Financial Services Authorities and Key Influencers (1) Global Level - Authorities (non-US) (2) Global Level - Authorities (US) (3) European Level - Authorities (4) National Level (EU Member States) - Authorities (5) National Level (UK) - Authorities 1.1 Regulatory Agencies 1.1.1 European Supervisory Authorities 1.1.2 Credit Rating Agencies 1.1.3 Resolution and Recovery 1.1.4 Enforcement procedures 1.2 General Regulations 1.2.1 Stability and capital requirements 1.2.2 Capital Markets Union and General banking regulation 1.2.3 Transactions, accounts and payment systems 1.2.4 Corporate conduct, culture and ethics 1.2.5 Markets regulation: records-keeping, transparency and market abuse 1.2.6 Mergers & Acquisitions (Financial Services specific) 1.2.7 Insolvency (Financial Services specific) 1.2.8 Risk Management 1.3 Financial Crime and consumer protection 1.3.1 Financial Crime: Anti-Money Laundering, sanctions and terrorism 1.3.2 Consumer protection (Financial Services specific) 1.4 Retail banking 1.4.1 Consumer credit, mortgages and lending 1.4.2 Savings and transactional accounts 1.5 Investment banking 1.5.1 Investment products and funds 1.5.2 Securities and Foreign Exchange 1.5.3 Derivatives 1.6 Insurance 1.7 Pensions PART 2 ICT LAWS AND REGULATIONS Information and Communications Technology - Regulatory Authorities and Key Influencers (1) Global Level - Authorities (non-US) (2) European Level - Authorities (3) National Level (EU Member States) - Authorities (4) National Level (UK) - Authorities 2.1 Market regulation of the Information Society 2.1.1 Market liberalisation and regulation framework 2.1.2 The New Regulatory Framework 2.1.3 Trans-European Networks (TEN) 2.2 Internet regulation 2.2.1 Safer Internet Use 2.3 Telecommunications 2.3.1 Wireless policy 2.3.2 Access and interconnection 2.3.3 Satellites 2.4 Digital media and content 2.4.1 Digital interactive television 2.4.2 Digital content 2.5 Radio services and equipment 2.5.1 Radio interference 2.5.2 Compatibility 2.5.3 Radio equipment 2.6 Audiovisual services 2.6.1 The audiovisual services industry 2.7 Environment ("Green IT") 2.7.1 Green IT 2.8 Other ICT-specific norms 2.8.1 Wireless and fixed line 2.8.2 Data storage and power management PART 3 GENERAL LAWS AND REGULATIONS Regulatory Authorities that regulate all industry sectors and Key Influencers (1) Global Level - Authorities (non-US) (2) Global Level - Authorities (US) (3) European Level (EU Member States) - Authorities (4) National Level (UK) - Authorities 3.1 Business regulation 3.1.1 Company law and associated responsibilities (incl. company formation) 3.1.2 Insolvency and Mergers & Acquisitions 3.1.3 Corporate governance, accounting, audit and risk management 3.1.4 Disclosure of electronic documents within civil litigation and official investigations 3.1.5 Anti-bribery and corruption ("ABC") 3.1.6 Public procurement 3.1.7 Contract law and competition 3.1.8 Finance and taxation law 3.2 Consumer protection and employment law 3.2.1 Consumer protection and Alternative Dispute Resolution 3.2.2 Work and employment 3.2.3 Health and Safety 3.3 Information security 3.3.1 Electronic signatures 3.3.2 Network security and security products (applications) 3.3.3 Cybercrime 3.3.4 Security for passports and visas 3.4 Data protection and privacy rights 3.4.1 General data protection and privacy 3.4.2 Records management and data retention 3.4.3 Pan-European data transfer 3.4.4 Access to information and investigations 3.5 Intellectual property rights 3.5.1 General 3.5.2 Copyright 3.5.3 Patents 3.5.4 Trade marks and designs 3.5.5 Legal protection of hardware 3.5.6 Legal protection of software 3.5.7 Domain names 3.6 Electronic commerce 3.6.1 e-Commerce regulation for applications and services 3.6.2 e-Government BIBLIOGRAPHY INDEX