Want to create an interactive transcript for this episode?
Podcast: Compliance Clarified – a podcast by Thomson Reuters Regulatory Intelligence
Episode: Series 2, Episode 10: Personal accountability: structure vs substance
Description: In the final episode of the second series of Compliance Clarified, Mike Cowan and Lindsey Rogerson joins Susannah Hammond to discuss the growth of personal accountability regimes. In the wake of the 2008 global financial crisis lawmakers in countries from the UK to Singapore viewed personal accountability regimes as a way to hold individuals responsible for any future financial failures. But are they delivering? Regulators in the UK certainly say they are and responsibility maps and personal accountability statements have certainly given clarity over who is in charge of what, but scratch the surface and the jury is still...