EVENT: FCA Executives Brief Arab bankers on regulatory expectations

Date: 24th May, 2018 Time: 10:30 am - 12:30 pm
FCA Executives Brief Arab bankers on regulatory expectations

Five executives from the Financial Conduct Authority (FCA) came to the ABA offices on 24 May to brief the London Arab banking community on recent regulatory developments and current expectations.

The ABA regularly arranges such meetings with both the FCA and with the Prudential Regulation Authority. The meetings are held under the 'Chatham House Rule' so details of the discussion cannot be disclosed. 

The five FCA executives were:

Lucinda Hartley, Manager, Wholesale Banking

Ted McDonald, Technical Specialist, Wholesale Banking

Michael Lloyd, Senior Advisor, Wholesale Banking

Edmund Weighell, Senior Associate, Wholesale Banking

Jeremey Tizard, Manager, Financial Crime Specialists Division

Key points of the discussion included regulatory expectations on PSD2; current FCA thinking on cyber risk and operational resilience for small banks; updates on the FCA's financial crime programme, including its programme of visits to banks; ways in which the FCA measures the effectiveness of banks' financial crime training; and advice on good practices for documenting banks' annual Senior Management Function fit & proper assessments.

Twenty London Arab banks (subsidiaries and branches) were represented at the meeting, including several CEOs and numerous compliance officers.

 

 

 


More in Events

Briefing for corporate members on gold investment

Briefing for corporate members on gold investment

The World Gold Council briefed corporate members on the gold market, with particular reference to Shari'ah-compliant products.

  • Date: 13th June, 2019
  • ABA Offices, Mayfair

PwC Briefs Corporate Members on Libor and Brexit

PwC Briefs Corporate Members on Libor and Brexit

At the latest corporate members' lunch, PwC make presentations on the replacement of Libor and latest developments with Brexit.

  • Date: 3rd May, 2019
  • ABA Offices Mayfair

VG Gives Presentation on Jersey Trust Structures

VG Gives Presentation on Jersey Trust Structures

VG, the Jersey-based trust and service firm, hosted a lunch for ABA corporate members on 4 April.

  • Date: 4th April, 2019
  • ABA Offices, Mayfair

Reception for Deputy Prime Minister of Iraq

Reception for Deputy Prime Minister of Iraq

On 9 April we held a reception to welcome a delegation of Iraqi financial professionals, led by the Deputy Prime Minister/Finance Minister.

  • Date: 9th April, 2019
  • ABA Offices, Mayfair

Whistleblowing and Hot Lines

We will hold an  seminar on whislteblowing, hot lines and the 'speak up' culture. It will be delivered by  Protect (formely known as Public Concern at Work) a registered charity that promotes discussion and awareness around...

  • Date: 19th June, 2019

Upcoming ABA Events


Other Upcoming Events