Understanding Risk Management – What the FCA expect

booster

Book on this session taking place on the 9th October 2020. Just £69 plus vat –  Your opportunity to be updated. Refresh and stock-take where your firms risk management arrangements stand against FCA expectations.

A must for Senior Managers, Executive Board Directors, Non-Executive Directors, Risk Managers, Risk Officers, Compliance Managers and Compliance Officers.

Whether you are new to risk or compliance, or want to stay on top of your game, this is for you. Designed for General Insurance and Claims Management firms of all sizes.

In an environment of increasing concern regarding risk failings and with firms under greater regulatory scrutiny, competency in the area of risk management has never been more important. It is vital that executive decisions are positively challenged and tough questions asked about their decisions.

This involves understanding and shaping a firms risk culture, enabling the board and senior management to examine how risks are managed and decisions taken in order to meet strategic objectives.

This Booster session will give you a practical overview of what you need to know about managing risk and how it is a key fundamental of good governance.

The content will cover:

  • A step by step walkthrough of risk management, including identification, managing, monitoring, and reporting.
  • An introduction to concepts such as risk appetite, risk tolerance, risk culture, ‘top down’ (board) and ‘bottom up’ (operational) approaches.
  • An introduction to the FCA’s approach to risk.
  • Making and questioning decisions based on risk.
  • Communication and coordinating risk management.
  • The benefits and opportunities arising from good risk management.
  • The consequences of poor risk management.

Date: 9th October 2020

Time: 10-11.00am

Cost: Just £69 plus vat per person

Delivery: Via Zoom

Who should attend: This is ideal for Senior Managers (SMF), Executive Board Directors, Non-Executive Directors, Risk professionals, Compliance professionals and all who want to learn more about effective risk management.

Delegates will receive a certificate of attendance.

 

To book contact: email Deborah@createsolutions.co.uk or phone 0161 870 6637

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