Culture and Conduct: Implementing the FCA Agenda

The Institute of Operational Risk is partnering with City & Financial Global for this event.

Culture and conduct are two of the most hotly debated terms in the financial services industry at present. It is no longer sufficient merely to comply with the rules. The FCA now expects firms to take responsibility for establishing an ethical culture that entrenches good conduct throughout the firm, from top to bottom, together with effective conduct risk management systems.

Keynote Speakers

• Martin Wheatley, Chief Executive, Financial Conduct Authority
• Alison Cottrell, Chief Executive, Banking Standards Board
• Antony Jenkins, Group Chief Executive, Barclays
• Paul Fisher, Executive Director for Supervisory Risk and Regulatory Operations, Bank of England
• James Bardrick, UK Country Officer, Citi
• Tom Gosling, Partner and Head of UK Reward Practice, PwC LLP
• Angela Hayes, Partner, King & Spalding LLP
• Richard Hill, Executive Director, Centre for Compliance and Trust, Cambridge Judge Business School
• Niamh Higgins, Director of Regulatory Compliance, UK & Western Europe, RSA Group
• Penny Judd, Head of Compliance, EMEA, Nomura
• Mary O’Connor, Global Head of Financial Institutions, Willis Group
• Jon Pain, Group Head of Conduct and Regulatory Affairs, RBS
• Teresa Poy, Chief Compliance Officer, Legal & General Investment Management
• Michael Roemer, Group Head of Compliance, Barclays
• Randal Tajer, Global Head of Compensation & Benefits, Nomura

In its Business Plan 2015/16, the FCA announced that it would conduct a new thematic review on whether culture change programmes are driving the right behaviour, with a particular focus on remuneration, appraisal and promotion decisions of middle management, as well as how concerns are reported and acted on. The onus will be on regulated firms to prove that their conduct risk frameworks and control systems actually work in practice.

The summit programme tackles the key issues from a very practical perspective. In addition to examining what the FCA actually expects from firms in relation to having the right culture and appropriate standards of conduct, the programme covers:

• The role of the Banking Standards Board
• The responsibilities of industry leaders in establishing an appropriate culture
• The role of boards, NEDs and senior managers in relation to conduct standards
• How transitioning to the Senior Managers and Certification Regimes will impact behavioural norms
• Key elements of good business conduct
• Creating incentives and remuneration structures that support a positive culture
• Performance monitoring and review of cultural change programmes
• How training and education can assist in implementing cultural change
• Establishing a fair whistle-blowing regime which protects employees

Booking

City and Financial Global have kindly offered a 20% discount for IOR members.   Logged in members will see below how to obtain their discount code:-

W: www.cityandfinancialconferences.com/CultureConduct2015

T: +44 (0) 1483 479331

E: bookings@cityandfinancial.com