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More Financial Executives Forego Business Decisions As Personal Liability Seems More Likely, Thomson Reuters Culture And Conduct Risk 2017 Survey Finds

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Concern by financial executives about the risks of personal liability appears to be affecting the strategic business decisions they make, according to a global survey of compliance and risk practitioners at financial firms. For the first time, Thomson Reuters research shows a direct correlation between bank culture and conduct risk, as well as with the steps firms are taking to change culture and mitigate risk.

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