Preparing for Senior Management Regime changes due in 2018/19 – Briefing

Briefing – Preparing for the changes in Senior Management Regime due in 2018/19

Last year saw significant regulatory change across the financial services industry. In addition to the ongoing Brexit process, the year brought with it implementation of MiFID 2, PSD2 and the fourth anti-money laundering directive. 2018/19 is set to be another bumper year, led by proposals to extend the Senior Management Regime (SMR) to all firms across the financial services industry. Given the increased the focus on individual accountability ISITC Europe, along with the International Compliance Association and The Guildhall Faculty of Business and Law, will be running a briefing for Senior Managers and those affected by these changes on Thursday 31st May from 6.00pm at 84 Moorgate, London EC2M 6SQ.

Agenda

• Introduction and an overview of the Senior Managers Regime and Conduct risk.
• What is “Individual accountability” and what obligations does that imply?
• What are “Reasonable Steps “and how they can be evidenced.
• What are “Management Responsibility Maps” including an example of best practice.
• Questions and panel discussion

The meeting will conclude at 7.30pm.

ISITC Europe is pleased to announce that the session will be run by Targ Patience, a senior financial regulatory advisory and strategic change consultant, with extensive subject matter expertise and experience at the front line of market and banking reform. Key areas of interest include derivatives, market infrastructure, capital and collateral optimisation, treasury, clearing, risk management, FinTech /RegTech and market economics. His extensive regulatory knowledge and experience encompasses the FCA Handbook, Dodd-Frank, EMIR, Basel III, MiFID II, AIFMD, MAR, SMCR, FRTB, GDPR and Brexit. Targ has been a strategic advisor to some of the world’s preeminent financial institutions and a regular guest presenter and panel speaker at conferences for Marcus Evans, Risk Magazine, ISITC Europe, the Institute of Leadership and Management, ALMA and the London Institute of Banking and Finance; presenter of regulatory training courses in association with Double Effect Consulting (Netherlands), Forte Markets, Incisive Media and Risk Magazine / Risk Training.

To register your attendance please complete the form to the right or email john.gavin@isitc-europe.com.

This event will be eligible for CPD points for those attendees who are members of the ICA. Others attending can get confirmations of attendance to evidence the maintaining of their knowledge for compliance purposes.

Posted on May 12, 2018 by Dee Radford