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 S166s 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 one-day workshop is especially helpful for those who have not yet experienced a regulatory visit or have a critical visit approaching. 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
• what the regulator’s looking for, including likely lines of questioning
• ILAAPs and ICAAPs
• senior managers’ regime meetings and interviews
• FCA thematic visits and meetings
We want to make the workshop as relevant as possible for participating societies. We therefore invite you to email Christie Sharp by 24 January if there are any specific areas/challenges you would like covered so we can allocate adequate time in the workshop.
09.30 for a 10.00 start; concluding at 16.00 (approx.)
BSA, 23 Kingsway, London WC2
BSA members only: £490 per delegate (VAT exempt)
Cost includes course documentation, lunch and refreshments
Attendance at this highly interactive workshop, with role plays, practical exercises and video clips, will be limited to a small number of participants. We will need a minimum of five registrations for it to be viable to run.
To secure your place, please complete the online form.