• calender-icon Event
  • Prudential Regulation
  • Posted: 31 Oct 2023

Preparing for successful regulatory visits

24 & 25 January 2024


  • Calender-Icon Time: 09:30 - 12:45
  • Location-Icon Location: Online course
  • Admin-Icon Organised By: BSA Events
  • Currency-Icon £495 (BSA Members only)

Regulatory visits have become more intrusive than ever and can lead to capital and liquidity add-ons, follow-up work and/or other regulatory interventions, including s166 notices or even enforcement action. Meticulous preparation is key to a successful outcome from the visit. Firms that prepare thoroughly tend to experience little difficulty, whereas those that do not prepare effectively may face an uncertain outcome. 

This course will look at current areas of regulatory focus and explore hot topics such as PRA expectations in managing operational resilience.

The online workshop, split over two half-day sessions, is especially helpful for those who have not yet experienced a regulatory visit or have a critical visit approaching and wish to hone their skills.  It will help you know what to expect from such a visit, how to prepare effectively and how to have a positive effect on the outcome.  You will also be able to pass on your knowledge to others in your society. 

In line with most building societies’ visit schedules, the main focus of this workshop will be prudential. 

Areas to be covered include:

  • The supervisory approach of the PRA
  • Preparing for visits and meetings - from the announcement to the day itself
  • Regulatory meeting technique
  • Regulatory areas of focus and hot topics
  • ILAAPs and ICAAPs
  • Senior managers’ regime meetings and interviews
  • FCA thematic visits and meetings
  • Operational resilience

Operational resilience is a priority area for regulators. We will provide insights and hints and tips on answering their questions.

Due to the nature of the training places on this course will be limited.

"Really helpful insight and practical learning, safe environment to learn and good networking to share insight good practice to/from others. "

"Overall an excellent course. Good practical techniques and role plays which were daunting, but overall, exceptionally helpful too. Thank you."

"I thought it was a valuable experience to 'get into the heads' of the regulator and understand how certain information (or lack of) can affect impressions."

"One of the best pieces of training I have attended for some time."

(Delegate feedback from our previous courses)

sessions.png  Timings for each day:
  Wednesday, 24th January - 09.30 to 12.45
          Thursday, 25th January - 09:30 to 12:45

Currency-image.png  Cost:
  £495 (VAT exempt) - BSA Members only  

contact.png  Contact:
  Please direct any enquiries to: events@bsa.org.uk

Course presenters:

Lydia Bailey has a career spanning over 30 years in financial services, developing deep and wide ranging knowledge of regulatory risk management and governance.  This has been built through experience as a risk specialist at the Bank of England and FSA; regulatory and risk advisor at KPMG; Head of Compliance (UK and Europe) at BP; nine years as Head of Regulatory Management (EMEA) at JPMorgan Chase and through the work of her company, Metidian

Lydia is passionate about helping firms and individuals perform at their best under the artificial conditions of regulatory visits and interviews.

Dr Jimi Hinchliffe - Presenter on Operational Resilience, 20+ years experience including as a regulator, banker and in consulting.