Journal of
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Archive » January 2017 » The digital bank and the challenge to Compliance, Risk management and Internal audit

The digital bank and the challenge to Compliance, Risk management and Internal audit

Francesco Saita
January 2017 - n. 1
Jel codes: M15, G21, G28

The growth of banking digitalization has relevant implications on the bank’s internal control functions, namely Compliance, Risk management and Internal audit, which have to strengthen their capacities in this area not only to ensure compliance with regulatory requirements, but also to assure a real improvement in the quality of customer services. Investments to strengthen the technological skills of control functions can be considered as part of the effort required to effectively transform the bank’s channels mix.

 

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