The 2010 OStCaR – Outstanding Service to Compliance and Regulation – Awards are designed to promote best practice in the financial services sector, reward excellence and help reduce the likelihood of future financial crises.
As well as “best boss” of firms regulated by the Financial Services Authority (FSA), the public can nominate the best start-up bank and the most helpful FSA member of staff.
The awards were established in 2004 by The Compliance Register, which represents bankers, financial advisers and fund managers. There are 28 award categories in all – including best fraud prevention team, best control room and best compliance award. Nominations are free of charge and must be submitted online by 8 October.
Ben Goh, secretary of the Compliance Register, said: “Consumers are on the receiving end of good service from the financial services sector and sometimes of bad. The boss who cares makes a huge difference – perhaps by establishing a culture of excellence in a firm, perhaps by stepping in personally to sort out a problem. It’s this kind of leadership and culture that’s being recognised in these awards.”
Online nomination forms as well as full details of this year’s award categories are available at www.compliancer.com.