Course description

Risks, Controls and Oversight by the Board (Public Course)

Today, the performance of Boards and individual Board members in financial institutions is scrutinised as never before – particularly in relation to risk management.

This focused half day event has been developed especially for Executive and Non-Executive Directors in firms prudentially regulated by the FCA, to help them understand their risk management responsibilities and the practical steps to fulfilling them, in the developing regulatory environment. There will be particular emphasis on the role of the Senior Conduct Rules, Conduct Risk and the Consumer Duty

Suitability - Who should attend?

The course is aimed at Directors in firms prudentially regulated by the FCA who do not have specific risk management responsibilities but who need to understand risks and controls as part of their governance and oversight role.

Outcome / Qualification etc.

CPD hours: 3

Know what the regulator expects from Boards and Board members in respect of risk management, ith a particular emphasis on the requirements of the Senior Conduct Rules
Identify the appropriate governance structures and models, with particular reference to the new ICARA document
Understand your risk appetite – what it is and how to articulate and measure it
Consider Conduct Risk, the Consumer Duty and TCF and what the FCA expects Boards to review in these areas
Make sure you are receiving the right Management Information on your key risks and controls and you understand how to challenge it
Ensure risk management and awareness is embedded in the culture of the organisation

Course delivery details

This course will be delivered via a real time slide sharing and live audio visual platform, accessible by desktop computer, laptop, tablet or smartphone. Class size will be limited to ensure a high quality and interactive learning experience.