When:
October 16, 2018 @ 8:30 am – 12:00 pm
2018-10-16T08:30:00+00:00
2018-10-16T12:00:00+00:00
Where:
Hilton, Charlemont
Charlemont Pl
Saint Kevin's, Dublin
Ireland
Cost:
€50 Members, €75 Non-members
Contact:
Michael Hurl
017790200

The ACOI are pleased to welcome members to part 4 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 Fiona Daly and Marko Milicic, of the Central Bank of Ireland, will discuss the approach supervisors are adopting in the monitoring and measuring of a firms’ culture. Fiona and Marko 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 Series – Culture and Conduct (4/6)
Date: Tuesday, 16th October, 2018
Speaker: Fiona Daly, Senior Policy Specialist, Financial Risks and Governance Division, Central Bank of Ireland

Marko Milicic, Senior Risk Manager, Supervisory Risk Division, Central Bank of Ireland

Venue: The Hilton, Charlemont, Dublin 2
Time: 09:00 – 12:00 (Registration from 08:30)
CPD: 3 Hour Indicative
Fee: €50 Members, €75 Non-Member

 
Indicative topics 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? How can businesses assess culture? ;
• Meeting expectations of the regulator and other stakeholders in an ethical manner.

 

Speakers
Fiona Daly, Senior Policy Specialist, Financial Risks and Governance Division, Central Bank of Ireland

Fiona is a Senior Policy Specialist in the Financial Risks and Governance Division of the Central Bank. She is part of a team responsible for leading the development of Central Bank policies in respect of governance, accounting and audit related matters. In the first half of 2018, Fiona led a team in conducting the Central Bank’s Behaviour and Culture Review in one of the Irish retail banks. In addition, she is responsible for providing training to Supervisors, most recently delivering a module entitled “An introduction to Risk Governance, Risk Appetite and Risk Culture”. Prior to joining the Central Bank, Fiona worked as a compliance professional in the Life Assurance sector and as an Audit Manager in a Big 4 firm. Fiona has also completed the Professional Diploma in Advanced Banking Risk Management and has an Associate Professional Risk Manager qualification.

 

Marko Milicic, Senior Risk Manager, Supervisory Risk Division, Central Bank of Ireland

Marko is a senior risk professional with general management, risk governance, financial services regulation and risk management expertise built over years at Allied Irish Banks, Central Bank of Ireland, Institute of Banking and European Central Bank. In the first half of 2018, Marko led a team in conducting the Central Bank’s Behaviour and Culture Review in one of the Irish retail banks. Prior to that Marko worked for the European Central Bank where he lead the Internal Governance and Risk Management team responsible for identifying and promoting robust governance and risk supervision methodologies for banking sector (2014-2017). Through his ECB role Marko was a member of Basel Committee’s Corporate Governance Working Group and a member of Financial Stability Board’s Executive Compensation group. Prior to this and as a part of Central Bank’s response to the financial crisis, Marko lead a team who developed key elements of Bank’s Probability Risk and Impact Assessment System – PRISM (2011-2014). Before joining the Central Bank, Marko worked as a risk professional at Allied Irish Banks and part-time lectured at the Institute of Banking’s Executive Masters in Risk Management.