Compliance: Principles-based Regulation - Leading the Change

A one day intensive training workshop aimed to equip compliance and risk professionals and senior business managers within the UK and Europe who will be affected by the rapid change towards ‘More Principles-based Regulation’ (MPBR).

The Workshop sessions include:

Outcome-driven and principles-based – drivers and practical consequences

• What are the attractions to regulators of principles-based regulation?
• Key objectives/main changes
• Where are the key regulators now, and what is the known timetable?
• What do institutions need to do, immediately and in the mid-term?

Benefits of the regime, senior management obligations and compliance risk appetite

• What does a mix of over-riding principles and fewer detailed rules mean in practical terms?
• How do the obligations of senior managers change, and what is their role in this?
• Decision-making and creating the culture, setting internal standards, personal liability and mitigation
• What level of compliance risk is acceptable, and how does the compliance function help senior management to define the appetite?

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