Governance, Compliance and Supervision in the Capital Markets + Website

The definitive guide to capital markets regulatory compliance
Governance, Compliance, and Supervision in the Capital Markets demystifies the regulatory environment, providing a practical, flexible roadmap for compliance. Banks and financial services firms are under heavy regulatory scrutiny, and must implement comprehensive controls to comply with new rules that are changing the way they conduct business. This book provides a way forward, with clear, actionable guidance that strengthens governance at all levels, and balances supervisory and compliance requirements with the need to do business. From regulatory schemes to individual roles and responsibilities, this invaluable guide details the most pressing issues in today's financial services organizations, and provides expert advice. The ancillary website provides additional tools and guidance, including checklists, required reading, and sample exercises that help strengthen understanding and ease real-world implementation.
Providing both a broad overview of governance, compliance, and supervision, as well as detailed guidance on application, this book presents a solid framework for firms seeking a practical approach to meeting the new requirements.

• Understand the importance of governance and 'Tone at the Top'
• Distinguish the roles of compliance and supervision within a financial services organization
• Delve into the regulatory scheme applicable to broker dealers, banks, and investment advisors

• Examine the risks and consequences of inadequate supervision at the organizational or individual level

The capital markets regulatory environment is complex and ever-evolving, yet compliance is mandatory. A solid understanding of regulatory structure is critical, but must also be accompanied by a practical strategy for effective implementation. Governance, Compliance, and Supervision in the Capital Markets provides both, enabling today's banks and financial services firms to get back on track and get back to business.

Sarah Swammy (New York, New York) is a Managing Director, Business Manager and Head of Supervision for BNY Mellon Capital Markets, LLC a registered broker-dealer subsidiary of The Bank of New York Mellon Corporation ('BNY Mellon'). Sarah's prior roles include CAO of Global Markets and Principal overseeing the sales and trading businesses of BNY Mellon Capital Markets, LLC.  Sarah is a member of BNY Mellon Capital Markets Board of Managers, and serves as a member of New York Institute of Technology School of Management's Executive Council. Michael McMaster (New York, New York) is a Managing Director and Chief Compliance Officer for BNY Mellon Capital Markets, LLC, a broker-dealer affiliate of BNY Mellon, Chief Compliance Officer for BNY Mellon's Broker Dealer Services Division and is also the Head of BNY Mellon's Shared Services Compliance Group which services its broker-dealer affiliates and swap dealer. Michael is also an adjunct professor at New York Law School and is Chairman of the Compliance Committee for the New York City Bar Association.