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Staying Afloat in the Tidal Wave of Regulation

Tuesday 9 October 2018 17:00 - 19:30

Spaces available

Firms in all sectors – but especially financial services – face a continuing stream of new legislation and regulation emanating variously from local regulators, from supra-national bodies such as the International Accounting Standards Board, and of course (at least in the immediate future) from the European Union. Boards wade in the alphabet soup of GDPR, MIFID2, IFRS17 PS, CP and several more, including ‘Occasional Papers’.

The constant flow of regulatory change challenges firms and particularly their boards of directors on several levels.  All too many firms are preoccupied with the sterile and expensive activity of assuring compliance while a minority approach regulatory developments as an opportunity to develop or enhance competitive advantage.

This event is an opportunity to discuss how firms and their boards can most effectively anticipate and respond to regulatory change whilst also staying true to their responsibilities as a director and, in many cases, as a professional.  Topics will include:

  • Horizon-scanning to identify potential regulatory initiatives;
  • Stimulating and digesting useful input on the possible competitive implication of changes;
  • Thinking about organization capabilities needed to live with change as ‘business as usual’;
  • Making sure the executive team spends enough time and resource on growing the business, not just protecting itself.

As a result, regulators seem to be endlessly engaged in a game of ‘catch-up’ as they react to the latest, unforeseen event, or unforeseen innovation. And businesses have a cumulative burden of regulations to deal with.

There’s a balance of course, but too much regulation serves to stifle innovation and competition and getting that balance right is tough, especially in a globally competitive market.

The introduction by the FCA of the regulatory sandbox is an innovative attempt to redress the balance, but is it sufficient to help support innovation in the regulated FS market?

Boards, and perhaps particularly Non-Executive Directors, risk finding themselves immersed in the detail of 50-100 pages of rules and regulatory wisdom, only to find that they can’t spend enough time on the business to be able to see how relevant a new proposal might be.  Which makes it even more problematic that they might not ask the right questions or be able to fulfil their responsibilities as a director.

We have gathered an excellent panel of experienced and knowledgeable speakers to debate and educate on this subject.

Event organiser

Contact Niki Park for more information.

020 7632 2152

Chaired by Henrietta Jowitt, herself an experienced NED and Chair of an asset manager’s Remuneration Committee and Deputy Director General at the CBI, other speakers include:

                Polly Williams – NED at Jupiter

                Michael Cole Fontayne – Recently retired Chair of BNY Mellon (Europe)

                Peter Thal Larsen – A financial journalist at Thomson Reuters



Staple Inn Hall, High Holborn, London, WC1V 7QJ

Nearest Public Transport

Chancery Lane Station (Central Line)

Pricing information


Members and Non-member - £35.00

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