Financial institutions do not learn from the lesson of Barings’ collapse in 1995. Tolerating rogue traders in financial institutions tends to weaken public confidence in financial systems and to trigger off Barings-typed banking crises. what can be do on internal control systems which highlights the following issues:
Identify 5 general categories of trader misconduct cases in 2000-2017. These cases may be associated with either humans or robots (automated system or AI) or both. Please provide links (news or others) to support your categorization.
Identify major regulatory efforts and corporate works on process re-engineering which can prevent the misconduct categories you identify. Try to comment their rationale and effectiveness.