Course Agenda

Agenda

Conduct Risk: A Practitioner's Guide

Day 1 - Wednesday 14th November 2018

09:00

Registration and Refreshments

09:30

Getting Culture and Conduct Right

  • Clarifying the vocabulary of “cultural risk”?
  • What are the differences among Conduct, Governance & Culture?
  • What are a firm’s risk management objectives with respect to culture and conduct?
  • How should roles and responsibilities be assigned to support this mission?
  • How can supervisors reinforce effective cultural risk management?

Rick Cech, SBE Op Risk Governance, Federal Reserve Bank of NY

11:00

Morning Break

11:30

Approaches to Building and Maintaining a Positive Risk Culture and Conduct Risk Framework

  • Embedding risk culture into overall corporate culture and how it can help mitigate conduct risk
  • Building a conduct risk framework that can be integrated into the fabric of an organization
  • Selection of models and processes and how HR performances management and compensation plays into driving behaviour 
  • Methods of measurement (employee breaches and loss event reporting etc.)
  • Setting timeline and responsibilities

Tanya Weisleder, CCS - Conduct Risk, Credit Suisse 
 

13:00

Lunch

14:30

Identifying and Measuring Conduct Risk

  • Risk sources and taxonomy 
  • Quantification, probability and severity 
  • Going beyond policy and control requirements 
  • Metrics, tolerances and targets 
  • Managing conduct risk
  • Avoid, reduce and accept the role of risk culture 

Matthew Eisenberg, Chief Compliance Officer, FCM, Americas Head of ADS (Futures & OTC Clearing), Barclays

15:30

Afternoon Break

16:00

The Role of the 3LOD

  • Thinking about Culture and Conduct
  • Regulatory Landscape & Role of Internal Audit
  • Principles and Framework for Auditing Culture and Conduct Risk
  • Practical Considerations – Scoping and Strategy
  • Scenario Based Examples of Culture and Conduct Risk Audit Considerations         

Laila Khan, Independent Consultant

17:30

End of day one

Day 2 - Thursday 15th November 2018

09:00

Refreshments

09:30

Managing AML/KYC

  • Overviews, how are they relevant for conduct & compliance?
  • Miss selling
  • Anti-competitive behaviours
  • Insider & rogue trading
  • Applications of technology to manage KYC/AML (AI, block chain, big data)
  • Embedding culture and conduct into AML/KYC strategies

11:00

Morning Break

11:30

CASE STUDY: Putting the Conduct Risk Framework in to Practice

13:00

Lunch

14:00

UK v US v EU

  • Financial conduct authority - senior management regime
  • Dodd- Frank Act
  • FINRA - suitability of products for customers
  • SEC - cooperation of 'insiders'
  • MIFID II / MIFIR - role of board members
  • Capital requirements regulation - corporate governance
  • Market Abuse Directive

15:30

End of Course