Press Release Forum [] Forum Index

Press Release Forum []
Free Press Release Distribution

A site of EPR Network

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Real Time Press Release Distribution is here. Try it out, it's free!


Walters-Brandt Associates Releases the Business Standards Co

Post new topic   Reply to topic    Press Release Forum [] Forum Index -> General Press Releases
View previous topic :: View next topic  
Author Message
EPR Network
Site Admin

Joined: 31 Jan 2006
Posts: 32108

PostPosted: Wed Jan 08, 2014 12:10 pm    Post subject: Walters-Brandt Associates Releases the Business Standards Co Reply with quote

Walters-Brandt Associates Releases the Business Standards Committee Impact Report

Released on: January 08, 2014, 7:03 am
Author: Walters-Brandt Associates
Industry: Financial
January 08, 2014 -- /EPR NETWORK/ -- Walters-Brandt Associates today announced the publication of the Business Standards Committee (BSC) Impact Report, which discusses the changes the firm made as a result of the BSC and their impact.

Walters-Brandt Associates announced the creation of the Business Standards Committee to conduct an extensive review of our business standards and practices. Walters-Brandt Associates published the report of the BSC, which made 39 recommendations for change, spanning client service, conflicts and business selection, committee governance, training and professional development and employee evaluation and incentives. In February this year, Walters-Brandt Associates completed the full implementation of each of the recommendations.

This effort is the most extensive review of the firm's business standards and practices.

“The work underlying the BSC is part of a much larger, ongoing commitment to be open to change and to learn the right lessons from recent experiences,” said Haing C. Kwok, Chairman and CEO. “We believe that these attributes of our culture provide the foundation on which to sustain the spirit and the impact of the changes we have made in order to meet the long-term needs of our clients and continually improve as a financial institution.”

We identified three unifying themes across the 39 BSC recommendations which capture the elements of greatest change and impact on the firm: A higher standard of client care, greater sensitivity and awareness of reputational risk and a deeper commitment to individual and collective accountability.

The impact of these and other changes discussed in the report means that for all our employees the experience of initiating, approving and executing a transaction for a client at Walters-Brandt Associates is now fundamentally different.

This difference reflects significant changes to processes, business standards, documentation and transaction approvals, all of which impact our approach to decision-making. Going forward, we will inevitably make mistakes, but we commit to learn from them and respond in a way that meets the high expectations of our clients, shareholders, other stakeholders, regulators and the broader public.

About About Walters-Brandt Associates
Walters-Brandt Associates services financial institutions and asset managers located in Asia and the Pacific Basin.

Walters-Brandt Associates is a key player in asset servicing. We work with the world's most sophisticated asset managers and banks to create solutions that address our clients' unique business objectives. Through our collaborative and flexible approach we align ourselves with our clients' priorities to provide them with the most relevant products and capabilities. Our strong market reputation and industry knowledge allows us to offer award winning services designed to offer the optimal combination of high returns and prudent risk management.

Press Contact:
Walters-Brandt Associates
The Workstation Tower, 43 Lyndhurst Terrace, Central, Hong Kong

Walters-Brandt Associates
phone: +85258068346
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Press Release Forum [] Forum Index -> General Press Releases All times are GMT - 4 Hours
Page 1 of 1

Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Submit Press Release (Free)Submit Press Release


Editor's pick: