| Date: |
Tuesday 1 December 2015 |
| Time: |
8:30-10:30am (with refreshments from 8:15) |
| Venue: |
Friars House |
| |
160 Blackfriars Road |
| |
London SE1 8EZ |
| CPD: |
2 hours |
This two hour roundtable discussion will bring legal and compliance staff working in and for financial services firms up to speed with the developing picture on individual liability and accountability.
The new Senior Managers and Certified Persons regime comes into force for 'relevant firms' (mainly banks) in March 2016, and many firms will be well on their way in terms of preparation. However, in addition to the identification and training of the captured population, firms must also address subtle and complex issues around employment contracts, whistleblowing, handover arrangements and competence and capability of staff more generally.
This session aims to tease out some of the knottier matters, and also to explore the likely impact of the extension of key elements of the regime to all other regulated firms, in 2018, as recently announced by The Treasury.
We are delighted that the discussions will be led by Jane Walshe, Director at Compass Compliance Limited and Elisabeth Bremner. Peter Snowdon and Charlotte Henry from Norton Rose Fulbright, who will examine a number of key topics:
- Scope of the regime and the link with conduct risk and culture in a firm
- Territoriality - who and where?
- Statement of Responsibility, allocation of prescribed responsibilities and responsibilities maps - group and legal entities issues
- Senior Managers' statutory duty of responsibility - helping senior managers to evidence compliance
- Handover arrangements, employment contracts and grievance procedures
- Conduct and training and competence requirements
- Setting up and running a compliant internal certification regime
- Which elements of the regime are likely to be extended across the whole of financial services, and what can firms do now to prepare?
You can attend the roundtable workshop for just £129 + VAT (or £99 + VAT if you have a subscription to Learn, Develop, Connect – Practical Law’s online learning solution at legalpd.com
Past delegate testimonials
''It was good and informative. Small group-round table set-up is good as all get a chance to discuss and learn''
SGH Martineau LLP
''Very useful means of delivering technical updates and practical topics''
Addleshaw Goddard
Click the 'Next' button at the bottom of the page to make your booking |
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 Elisabeth Bremner
Partner
Norton Rose Fulbright
Elisabeth Bremner is a dispute resolution lawyer based in London. She focuses on regulatory investigations in the financial services sector. She has represented clients in matters involving both UK and offshore regulators, including the Financial Conduct Authority, Serious Fraud Office, Jersey Financial Services Commission, Securities and Exchange Commission, and Commodities Futures Trading Commission.
 Peter Snowdon
Partner
Norton Rose Fulbright
Peter Snowdon is a partner in the financial services group, specialising in financial service regulatory law. Before joining Norton Rose Fulbright Peter worked in the General Counsel’s Division of the Financial Service Authority advising on EU regulatory law, cross border issues and money laundering.
Peter sits on the Futures and Options Association Anti-Money Laundering Committee and is a regular speaker on financial services regulatory issues.
 Charlotte Henry
Senior Associate
Norton Rose Fulbright
Charlotte Henry is a financial services lawyer based in London. She advises clients on a variety of regulatory matters with a focus on retail financial products and services, including consumer credit, retail banking, financial promotions, passporting and cross border issues, wealth management and corporate transactions.
Charlotte is also a conduct risk expert and has worked in the FCA’s Conduct Risk Unit and, as part of her wider experience, co-authored a retail banking law handbook.
 Jane Walshe
Director
Compass Compliance Limited
Jane Walshe is a Fellow of the CISI and a barrister, with many years experience in financial services regulation. She has worked in the FSA's enforcement division, as a compliance consultant, and in-house at BP and JPMorgan Chase, where she was head of KYC for the EMEA region. At the FSA, Jane worked on matters such as the implementation of MiFID the first time around, changes to the Approved Persons Regime and on enforcement cases.
As an independent consultant, Jane has provided advice and training for asset managers, hedge funds, banks, insurers and investment advisory firms, as well as redrafting policies and procedures to ensure regulatory compliance.
Jane is currently working in the Financial Regulatory group at Simmons & Simmons. |