Do financial regulation advisors help their clients become more profitable? In this paper, we present a model where financial service firms may add to their own compliance teams or hire outside compliance advisors. We derive the conditions under which a financial services firm will want to hire...

Chapter 1. Introduction -- Chapter 2. Compliance Norms and Legal Coherence -- Chapter 3. Compliance in Financial Institutions – Tasks, Functions and Structure -- Chapter 4. The Scope Compliance Norms in Financial Institutions -- Chapter 5. The Impact of Cultural Differences on Compliance Norms...

Intro -- Table of Contents -- Preface -- About the Authors -- ABOUT THE CONTRIBUTORS -- CHAPTER 1: Capital Markets Participants, Products, and Functions -- THE BASIC PRODUCTS OFFERED IN CAPITAL MARKETS -- CAPITAL MARKETS AS A SUBSTITUTE FOR BANK LENDING -- THE KEY STAKEHOLDERS IN CAPITAL MARKETS...

We investigate the application of agile methodology to regulatory compliance projects. Regulatory compliance projects normally apply waterfall approach given the regulatory explicit specified requirements. We identify the major advantages and disadvantages. The findings have implications for...