Effective Regulatory Change Management

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The ever evolving regulatory landscape places a firm’s Regulatory Change Management approach in the critical path to achieving ongoing regulatory compliance.

Recent penalties levied for failings in meeting regulatory obligations, have referenced Principle 3 of the FCA Handbook, which requires regulated firms to take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems and features; highlighting the expectations placed upon regulated firms to ensure robust and effective Regulatory Change Management is continually exercised. This is coupled with an increased detailed focus on regulated firms’ change management provisions.

The approach required to ensure comprehensive Regulatory Change Management combines project skills, risk management and subject matter awareness on an ongoing basis. This session aims to assist firms in understanding how to take a robust and comprehensive approach to Regulatory Change Management, contributing towards reducing exposure to regulatory risk.

Key Learning Objectives:

• Understanding Why Regulatory Change Management is on the Critical Path.
• Discerning between Business As Usual Change Management and Regulatory Change Management.
• Applying Change Management Good Practice.
• Conveying Regulatory Change Management Risk to Stakeholders.
• Assessing When the Change Management Approach Has Not Been Effective.

09:30

• Introduction
• Overview of the key learning objectives
• Defining Regulatory Change Management

09:45

• Reviewing the Criticality of Regulatory Change Management for Regulated Firms
• Business As Usual Change Management vs Regulatory Change Management
• Regulatory Change Management Disruptors
• Review and Challenge Regulatory Change Management Assumptions
• Change Management Focus within Regulatory Processes

10:30 Tea / Coffee Break

• Regulatory Change Management Good Practice
• Review Regulatory Change Management Typical Scenarios
• Capturing and Conveying Regulatory Change Management Risk
• Regulatory Change Management Governance
• Assessment Steps When the Change Management Approach Has Not Been Effective

12:15

• Message Summary

12:30

• Morning Close and Networking Lunch

14:00

• Afternoon Interactive Group Workshop
• Scenario Case Study

15:15 Tea / Coffee Break

15:30

• Regulatory Change Management Group Exchange
• Expert Insight and Group Ideas Exchange on Tackling Current Themes
• Discuss Scenarios and Examples (under Chatham House Rule)

16:30

• Afternoon close and Networking

Sarah Peaston

Sarah Peaston has enjoyed a Financial Services career spanning over two decades in US, UK and European investment banking organisations (Goldman Sachs, Citi, Barclays, Societe Generale).

Sarah has devoted over 10 years of her career to Regulatory Control; Project and Programme managing and leading Change Management and Quality Assurance teams, covering multi-jurisdiction Regulatory and Authority Reporting, Client Money and Assets and overall Regulatory Governance and Control. Sarah has defined and executed regulatory strategy and governance framework to support multiple business types, along the investment chain.

Sarah is an industry and regulatory expert and has been active as a leading participant in industry association groups, partnering with peers and regulators to review, shape, influence and advocate regulation. Sarah has appeared as speaker and panellist at various industry events and is also an appointed Independent Non-Executive Director (INED) within a fund house operating Authorised Fund Manager, host ACD and fund administration services.

This training course is run under the Chatham House Rule, for reference please see here

Regulatory process owners, regulatory change managers, regulatory project managers, project managers, change managers.

IA Member £395.00 +VAT
Non-Member £545.00 +VAT

Pay using a credit card online, or if you wish to be invoiced please email your full details to: Training@theia.org

PLEASE NOTE: Full payment for the course must be made prior to the course commencement date.

Any cancellation must be made in writing. For all cancellation received 15-30 days prior to the course start date, 50% of the course fee is still payable. No refund is given for a cancellation made 14 days or less prior to the commencement of a course. Transferring from one course to another is treated as a cancellation. You can substitute one delegate for another at no additional cost. In this instance, please give two business days’ notice.

Hybrid Training Courses:

Hybrid deliveries of our training allows participants on our courses the option to attend in-person here from our offices at Camomile Court, or you can attend virtually via MS Teams.

Please be advised a training course could change from hybrid delivery to solely virtual delivery. In such an event, we will inform delegates at least one week prior to the course delivery date.

There are a limited number of in-person spaces available on this course and this will be allocated on a first come first served basis.