Known for hosting powerful speakers that deliver business-critical information, The Lawyer’s GC Strategy Summit taking place between 30th September and 2nd October is a must-attend event. The 3-day virtual conference provides highly interactive and engaging formats including keynote presentations, TED-style talks, panel debates and more intimate roundtable discussions enabling effective learning and peer-to-peer knowledge sharing.

Attendees have over 20 different sessions to choose from, including this 60-minute virtual roundtable discussion on Individual accountability in Financial Services: global reach and future roadmap, taking place at 14:00 BST on the 1st October and again at 11:00am BST on the 9th October.

For those in a position of responsibility or oversight within firms authorised under financial services regulation, the focus on individual accountability as a result of the implementation and extension of the UK Senior Managers & Certification Regime (SM&CR) has led to a number of challenges and insights from the FCA. DWF’s senior team of specialists are pleased to host this session where they share their view of current regulatory expectations in this area, gleaned from their insight across a range of UK and Global Financial Services firms. The facilitators will also examine the responsibilities of those individuals whose remit includes global functions operating from more than one geographical location. The roundtable session will consider:

  1. The territorial scope of individual accountability regimes and global convergence, with a focus on learnings from the SM&CR;
  2. Enforcement activity seen to date and key regulatory issues arising to date, including in response to COVID-19, across both dual and solo-regulated firms;
  3. The future evolution of individual accountability as the UK leaves Europe and the individual accountability regime comes online in Singapore.

This session is all about sharing experiences and engaging in a rich conversation on the topic, equipping General Counsels, Heads of Compliance and Heads of other functions with the requisite knowledge to successfully navigate the evolving requirements of individual accountability.

Facilitators:

Imogen Makin, Director and Head of Financial Services Investigations, DWF

Imogen specialises in financial services investigations and has worked on some of the most high-profile regulatory investigations of the post-financial crisis period. Imogen has extensive experience of FCA enforcement investigations, including acting on a dual-track anti-money laundering (AML) investigation relating to financial crime systems and controls and acting for a financial institution in relation to the global regulatory investigations into conduct in the foreign exchange (FX) market. She has advised on the SMCR in the context of firms’ on-going obligations and regulatory enforcement investigations and has recently published a report comparing the individual accountability regimes in nine jurisdictions. Imogen has acted for individuals in relation to investigations being conducted by both the FCA and SFO.

Andrew Jacobs, Partner & Head of Regulatory Consulting, DWF

Andrew has been a regulatory professional for 20 years, working across many different areas of financial services. Andrew has been a partner at two-top ten professional services firms, providing regulatory expertise to clients in the UK and internationally. He also held board positions at several firms, where he was responsible for Compliance, Risk and AML. Andrew is a strong generalist having led FCA Skilled Person reviews, Due Diligence reviews, Advisory Projects and Internal Audits. He provides advice to a range of different financial institutions and firms subject to financial regulation in multiple jurisdictions, including currently in Australia and Singapore.

Please note that the virtual roundtables have very limited availability, so if you are interested in joining this session please contact Emma Bower for more information.

To find out more about the General Counsel Strategy Summit or to download the full programme, please visit the event website.