A Career in Compliance?
Every employee of an investment bank is individually responsible for exercising good judgment and applying high ethical standards to his or her work, and acting within both the letter and the spirit of the laws and regulations that govern the business and the internal policies and procedures set down by the Bank. With the introduction of N2 (which is the amalgamation of the regulatory bodies under the umbrella of the FSA) financial service companies must adhere to the regulations stated.
Therefore safeguards are set up by law, which investment banks MUST abide by. Some examples follow.
