Bank Regulation, Risk Management, and Compliance: Theory, Practice, and Key Problem Areas

Bank Regulation, Risk Management, and Compliance provides a comprehensive treatment of US banking regulation, risk management, and compliance systems, with a focus on the US but offering a global perspective. It establishes a conceptual framework for understanding bank expectations and covers credit, interest rate, market, and operational risk, as well as systemic risk. The book is designed for legal, risk, and compliance banking professionals, students, and finance professionals, and can serve as a primer and reference guide for entry-level and seasoned professionals.

Format: Paperback / softback
Length: 340 pages
Publication date: 13 December 2021
Publisher: Taylor & Francis Ltd

Bank Regulation, Risk Management, and Compliance is a thorough and concise exploration of the core aspects of US banking regulation, encompassing micro-prudential, macroprudential, financial consumer protection, and AML/CFT regulation. While the book primarily focuses on the US, its extensive use of standards set by the Basel Committee on Banking Supervision and frequent comparisons with UK and EU versions of US regulation provide a comprehensive perspective on global bank regulation and expectations for internal governance.

The book establishes a conceptual framework that aids readers in understanding the expectations of bank regulators regarding risk management and compliance functions. Drawing from the authors' experience at a prominent credit rating agency, it elucidates how the banking business model, through credit extension and credit intermediation, creates the primary risks that regulation aims to mitigate, including credit, interest rate, market, and operational risk, as well as broader systemic risk.

In a single volume, the book comprehensively covers the four areas of bank regulation and supervision, along with the associated regulatory expectations and firms' governance systems. Prior to this, readers seeking to study the subject in a unified manner had to consult specialized treatments in their respective areas of interest, resulting in a fragmented understanding of the subject matter. Banking regulation achieves a cohesive unity, in large part, due to national authorities' commitment to adhere to global standards and the homogenizing effects of the integrated global financial markets.

Designed for legal, risk, and compliance banking professionals, as well as students enrolled in law, business, and other finance-related graduate programs, this book offers a comprehensive and up-to-date examination of the field.

Weight: 630g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367521370