In mid-May, 1LoD held its first Deep Dive on the subject of culture and conduct. Culture is currently high on a regulatory
agenda that demands positive and purposeful cultures, appropriate tone from the top, good governance frameworks and
incentivisation structures that reward the desired behaviours. To satisfy these requirements, banks must improve their
understanding of the behavioural and environmental factors that influence and make up a firm’s culture. And increasingly
they are turning to behavioural science to both understand and influence culture and so conduct. This Deep Dive gathered
conduct professionals to discuss regulatory expectations, the latest applications of behavioural science, speak-up/listen
up culture and the complexities of managing cultural change.
Read our in-focus report here.