The ACOI are pleased to welcome members to part 3 of 6 of the Building Blocks for Effective Compliance series for 2017. This workshop will consider the topic of Culture & Conduct.
Firms’ culture is now a major issue for the Central Bank of Ireland (CBI). As noted by Ed Sibley, Director of Banking Supervision at the CBI:
“The culture within an institution is a key factor in determining its safety and soundness, as it is key to the effectiveness of its governance arrangements.”
The evidential standards demanded by the CBI, customers, your Board of Directors and other stakeholders are now far higher than previously expected. A positive culture that embeds a risk based approach can facilitate the right conduct in a firm.
In this workshop Ciaran Walker, Consultant with Eversheds Sutherland and former deputy Head of Enforcement with the CBI will discuss the approach supervisors are adopting in the monitoring and measuring of a firms’ culture. Ciaran will be joined by a compliance practitioner who will consider this from a regulated entity perspective on how they meet these expectations.
Other topics that will be covered in this popular workshop series include Compliance Planning & Monitoring, Upstream Regulatory Risk Reporting and the Role of the Compliance Officer. Regulatory Priorities and Risk Assessment have been considered in earlier workshops.
Originally the Building Blocks series was aimed for those new to the compliance profession, those newly qualified from the PDC programme, and those who are looking to move into the area of compliance as a career. While this aim remains the focus, increasingly attendees are seasoned compliance practitioners attending the workshops to refresh their knowledge and keep abreast of the current thinking in the topic.
|Title:||Building Blocks for Effective Compliance – Culture & Conduct|
|Date:||Thursday, 25th May 2017|
|Speaker:||Ciaran Walker, Consultant, Eversheds Sutherland
& a Compliance Practitioner
|Venue:||Hilton Charlemont, Charlemont Place, Dublin 2|
|Time:||9.00 am – 12.00 pm (Registration 8.30 am)|
|CPD:||3 Hrs (Estimated)|
|Fee:||€50.00 (Members) €75.00 (Non-members)|
Topics discussed in this workshop will include:
- Culture and conduct risk– what do these mean?
- How to identify a positive culture and the benefits associated with cultivating a positive culture.
- How is culture being measured? Some ideas on how to assess it?
- Meeting expectations of the regulator and other stakeholders in an ethical manner.
Ciaran specialises in regulatory consulting, in particular in the financial services sector. Prior to joining Eversheds he was Deputy Head of Enforcement with the Central Bank of Ireland.
His recent experience in that role includes:
- Leading a number of ground-breaking enforcement investigations and cases resulting in the imposition of sanctions on firms and individuals;
- Managing the Central Bank’s Enforcement team dealing with investigations of the fitness and probity of individuals;
- Leading the Central Bank Enforcement Division’s engagements with enforcement colleagues in the ECB and other European regulators on enforcement – related cases and legal and policy issues under the EU Single Supervisory Mechanism regime.
Ciaran has considerable experience of regulatory issues across a number of regulated industries internationally, both in-house and in private practice, having practised in Brussels, London and Dublin. He also has a wealth of experience of EU law, having practised in this area for over 20 years and having pleaded cases (including a major cartel case) before the European Court.
Ciaran regularly provides training, lectures and conference speeches on regulatory matters.