Business continuity is stepping up a gear. In July 2018 the UK financial services regulators (the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority) published a discussion paper on operational resilience. It looked innocuous but its content was certainly not. And if its tenets are carried through then the consequences will be felt by all practitioners—across all sectors and maybe all geographies—as they seek to deliver on the requirements.
The paper is titled ‘Building the UK financial sector’s operational resilience’ and at the time of its publication it caused something of a stir. But over the intervening months, as the dust has settled, careful thinking and analysis has prevailed and we believe that the time is now right to properly explore the paper’s implications for resilience, compliance and risk professionals.
We’ve therefore assembled four acknowledged thought leaders to brief you.
Jan Putnis, Partner and Head of Slaughter and May’s Financial Regulation Group, will take a broad perspective. He will explain the regulatory and legal landscape surrounding the discussion paper, outline its key contents, look at the history of previous initiatives and indicate where he believes this will lead.
Andrew Husband, Partner and Head of Operational Resilience at KPMG UK, will then look through the prism that Jan has provided and outline what he believes individual organisations need to do in order to deliver. Some of the proposed changes are radical and you need to know how to position them both in your own mind and for the senior leaders that you brief.
Karen Azzopardi, Head of Resilience Governance & Engineering at Barclays, will explain how Barclays designed and globally implemented its own new resilience programme. This programme is aligned to the business services model as outlined in the discussion paper and Karen will be sharing key experiences from this alignment process. It is Karen’s real life case study and direct experience that will fully illuminate the discussions from Jan and Andrew.
Rachael Elliott, Head of Thought Leadership, Business Continuity Institute, will offer feedback on the discussion paper from the perspective of the BCI and its membership. She will place this within the context of the BCI’s 2019 Horizon Scan report which is due for publication in February.
Finally, please be clear. This event is not just for those operating within financial services. It is designed for all resilience leaders who wish to keep abreast of leading edge thinking and make sense of what this will mean for their own future strategies. Whether you operate within a bank or a car manufacturer, an insurer or a public sector body, this will be important to you either now or in the future.
Where & When
The main event runs from 10:00am to 12:30pm on Tuesday 5 March, 2019. The venue is:
London Bridge Street
Full details and directions will be sent out on registration.