Sustainable risk management in a changing world
The regulatory landscape continues to evolve in an era of increasing competition, complex innovation and changing customer expectations. This makes it increasingly difficult for organisations to maintain robust and cost-effective risk and control environments. Over the coming weeks, Dentons UKME and Dentons Risk Consulting will be publishing a series of podcasts and articles, designed to provide practical solutions to the most complex challenges of the day.
Our first podcast, Are you SMCR ready? 5 'must
dos' and 5 'traps to avoid', provides an
outline of the key steps that organisations must complete in
advance of the 9 December 2019 implementation deadline and it looks
at some of the pitfalls that should be recognised when taking those
steps. It focuses on ensuring that the fundamental components of
the SMCR framework are in place and embedded in a manner that
provides a sustainable and compliant SMCR approach.
Over the coming weeks, we will cover the following topics (register here to receive these from Dentons Risk Consulting):
- embedding effective conduct and ethics;
- driving sustainable organisational and product governance;
- the relationship between remuneration and behaviour; and
- how we can better use our data to manage risk.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.