This programme is designed to demonstrate how to operate within a compliance framework in order to manage regulatory risk effectively within a risk appetite set by the board. You will follow the life cycle of a risk and learn how to consider proportionality in compliance with regulation, by applying effective controls and monitoring. Compliance can be viewed as the concern solely of the compliance department when, in fact, it is the responsibility of all staff.
Too often, regulation is seen as an inhibitor when it can actually enhance the business. This programme will help attendees to discover how they can personally make an effective contribution to their managing agency and the Lloyd’s market, through the use of practical compliance advice.
The programme is intended to be interactive by using case studies from real business issues that have previously arisen in the market. Some of the sessions will have a guest speaker to develop the topic and provide a different viewpoint, utilising a combination of training techniques. It will be structured to allow time for group discussions to share best practice. The course will demonstrate how compliance interacts with other departments in a Lloyd’s managing agent.
Delegates can expect to:
• gain an understanding of regulatory matters and the three lines of defence so that they are able to contribute more to their teams
• learn problem solving techniques
• understand the expected standards for record keeping.