If you work in compliance you will not want to miss our new podcast series. The Compliance Files is a unique podcast series, giving you access to industry insig...
Season 5: Episode 11 - Central Bank of Ireland's Regulatory and Supervisory Outlook Report - Risk Management
In this week’s episode, Deirdre O’Reilly, Independent Non-Executive Director and Member of Compliance Institute’s Prudential, Regulation and Governance Working Group speaks with David Corrigan, Chief Risk Officer, AIB Merchant Services, Eoin Shields, European Chief Risk Officer, Squareup International Limited and Conor Walsh, Independent Consultant and former Chief Risk Officer at KBC Bank Ireland.
The Central Bank of Ireland released their Regulatory & Supervisory Outlook Report in February 2024. The aim of this report was to outline their perspective on the key trends and risks that are shaping the operating landscape of the financial services sector. Within this context in our second part series, we look at the theme of Risk Management.
In this week’s podcast our guest speakers cover the Central Bank of Ireland’s assessment of the key risks facing regulated firms over a two-year time horizon which more broadly are captured under three thematic headings of the:
- Macroeconomic and geopolitical environment
- How regulated entities are responding to a changing world
- Longer term structural forces at play
They unpack each of these themes and discuss risk governance best practice more broadly.
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48:13
Season 5: Episode 10 - Talent Retention
In this week’s episode, Kathy Jacobs, former President of Compliance Institute speaks with Kelly-Anne Rainey, Senior Recruitment Consultant Compliance, formerly of Robert Walters on the topic of Talent Retention.
Kelly-Anne outlines what she is seeing in today’s market for Compliance Professionals and what is making them think about moving employer. Kelly-Anne describes what she sees as the main challenges for firms in attracting talent into their organisations and what organisations can do to retain their staff.
Kelly-Anne provides examples of good effective employment retention practices and outlines the impact that diversity policies and practices have on recruitment and retention and discusses the role that skills play in recruitment and retention given the proliferation of regulation and regulatory expectations.
Finally, Kelly-Anne gives her top tips for employees thinking about the next stage in their career and some pointers for employers.
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31:44
Season 5: Episode 9 - Central Bank of Ireland's Regulatory and Supervisory Outlook - The Implication of Strategic Risks.
The Central Bank of Ireland released their Regulatory & Supervisory Outlook Report in February 2024. The aim of this report was to outline their perspective on the key trends and risks that are shaping the operating landscape of the financial services sector. Within this context on this week’s episode, Gustavo Pregoni, Member of the Institute's Prudential Regulations and Governance Working Group speaks with Professor Simon Haslam, Programme Lead - Strategy, Institute of Directors to discuss implications of strategic risk as one of the key risks considered by the regulator in this report.
Professor Simon Haslam discusses the Importance of Strategy, how to set a Business Strategy and outlines what a good strategy looks like. Simon describes how to ensure your strategy meets the expectations of the different stakeholders and how to ensure strategic decisions are proactively aligned with organisational capability and risk appetite of the entity. Simon also discusses Strategy Governance: Roles and Responsibilities and Board Reporting.
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36:02
Season 5: Episode 8 - Politically Exposed Person's (PEPs)
In this week’s episode, Rachel Woolley, Head of Financial Crime Regulation, Palantir Technologies and Chair of the Institute's Financial Crime Compliance Working Group with the Compliance Institute speaks with Ed McDonnell, MLRO and Head of AML at TD Securities and Member of the Institute's Financial Crime Compliance Working Group, and Shane Keyes, MLRO and Head of AML at Carne Group on the topic of Politically Exposed Persons (PEPs).
In this week’s episode, Rachel is joined by two seasoned experts in financial crime to help us unpack the intricacies of Politically Exposed Persons (PEPs). They look at the risks they pose, the regulations governing them, and the practical challenges faced by institutions in managing PEPs related risks.
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Season 5: Episode 7 - AI in Financial Services
In this week’s episode, Siobhain Ivers, Senior Director & Deputy Chief Compliance Officer, Etsy Inc.and Chair of the Institute’s Fintech and Payments Working Group speaks with John O'Connor, Partner, Technology & Data and co-Head of FinTech at William Fry LLP, Claire O’Connor, Senior Associate, Technology & Data Protection, Fintech at William Fry LLP, Member of the Institute's Fintech and Payments Working Group and Chair of the Institute’s Southwest Regional Chapter Committee and Greg James, Senior Manager, fscom and Member of the Institute’s Fintech and Payments Working Group on the topic of AI in Financial Services.
The guests on today's episode have specific experience of navigating the challenges faced by financial services firms who have implemented or are in the process of implementing Artificial Intelligence solutions to empower their business. In this episode they explore some of those use cases, the provisions of the European Union's Artificial Intelligence Act and the practical legal considerations when regulated financial institutions are procuring AI solutions.
If you work in compliance you will not want to miss our new podcast series. The Compliance Files is a unique podcast series, giving you access to industry insights and key perspectives on how the evolving regulatory landscape is driving change, challenge and opportunity for compliance professionals everywhere.
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