Hosted by : RiskLogix Presented by : Michael Rasmussen
Michael Rasmussen, founder of GRC 20/20 LLC and internationally recognised pundit on GRC will be discussing Risk & Resilience in the financial services industry.
The integrity of the organisation is a front-and-center concern of organisations that requires accountability and compliance. In this context, there is a sweeping array of accountability regimes/regulations that are putting personal liability on senior management functions (e.g., executives) for conduct, risk, compliance, control, and ethics issues. These individuals can be personally fined or go to jail. It started with the UK’s Senior Manager Regime/Certification Regime (SMCR) and has cascaded into Australia’s Banking Executive Accountability Regime (BEAR/FEAR), Ireland’s Senior Executive Accountability Regime (SEAR), Hong Kong’s Manager in Charge (MIC), and most recently Singapore’s Individual Accountability and Conduct (IAC) regime. Organisations need to define, monitor, and enforce accountability structures of senior management functions.
Attendees will learn:
Drivers and trends in integrity, compliance’s and accountability management
Components of accountability and compliance strategy and process
Automating accountability and compliance with an information and technology architecture