23 February 2017
|Time:||9:30am – 4:30pm|
|Venue:||Council of Mortgage Lenders, London|
|Price:||£400 (VAT exempt) members|
|£400 (VAT exempt) associates|
|£480 (VAT exempt) non-members|
Overview of the course:
The Financial Conduct Authority (FCA) is continuing with the focus its predecessor, the Financial Services Authority (FSA), started - that poor culture within firms leads to poor customer outcomes.
The FCA may have been moved away from their planned thematic review of the culture within banks but they have stated however, that they will continue to work with individual firms across their population on assessing culture and its effect on consumer outcomes.
With this as a backdrop, this course laid out the background and development of the regulatory approach to assessing your firm’s culture.
How the course worked:
This course combined input sessions with highly participative syndicate exercises - the latter designed to help you view situations through the eyes of a conduct supervisor. Using anonymised real life data, the syndicate exercises enabled attendees to use the tool the FCA uses to assess culture within regulated firms.
Attendees learnt not only the process the FCA uses, but the material the regulator might review in assessing the culture within firms and potential risk of poor consumer outcomes.
In the process, attendees also learnt how the FCA might choose to assess a firm's culture and to identify high risk areas.
CML member and associate rate - £400 (VAT exempt)
Non member rate - £480 (VAT exempt)
Mike Simpson has 30 years of experience in the financial services sector, holding senior roles in sales, sales management, marketing, compliance and learning and development. During this time, he has seen and successfully managed considerable change in the industry. His work as, and with, fellow senior leaders of firms has allowed him to develop his understanding of the importance and the effect of poor corporate culture on business performance. He has worked with regulators (UK and overseas) and regulated firms alike, helping both to understand how to assess and change culture to improve short and long term business performance and reduce conduct risk.
Council of Mortgage Lenders
3rd Floor Bush House, North West Wing
Nearest tube stations:
Holborn (Piccadilly and Central lines)
Charing Cross (Bakerloo and Northern lines)
Waterloo (Jubilee, Waterloo & City, Northern and Bakerloo lines)
Nearest overground station:
Waterloo (Connects to Jubilee, Waterloo & City, Northern and Bakerloo lines)
Presentations from the day are available below for attendees. Click on the links to download the presentations in pdf format.
CML TCF workshop slides 1.10MB