1. What is Banking Compliance Index (BCI)? When was it launched? And how often is it calculated? Which regulatory authority publish the BCI? What does BCI measure? 2. In addressing Banking Compliance and the 2020 CARES (Corona virus Aid, Relief, and Economic Security) ACT: What was the cause for issuing the ACT? Which regulator issued the ACT? Who implements the ACT program? 1. As s a result of the global financial crisis of 2008/2009 a new type of risk known as CONDUCT RISK has emerged in the financial services industry and is becoming a top priority for boards of financial institutions. It is at the top of the agenda for banking boards. YOU recently graduated from university with a business/finance degree and accepted a position at a major bank in the COMPLIANCE DEPARTMENT . Your manager noticed that you have completed a course in compliance risk management during your study and asked you to develop a condut risk framework for the department as conduct risk is now an epedemic and is appearing in far too many places, one of the hottest topics in financial services and it is time to deal with it. In developing such a framework, your report should include(but not limited to the following items: - What is conduct risk? -The emergence of conduct risk -Why must conduct risk be managed and why does it matter -Conduct risk management framework components - Drivers of conduct risk -Conduct risk governance