Events & Seminars

As trailed at our recent roundtable, we have the next in our series of discussions about the role insurance must play in meeting the climate challenge next Friday 10^th September at 8:45am.

In a joint promotion with Worshipful Company of Insurers, we are delighted to bring you a debate between Dr Rhian-Mari Thomas, CEO of the Green Finance Institute and one of the most influential figures on the topic, and Dominic Christian, Executive Chairman of Aon Benfield and the Chair of ClimateWise, a major industry group bringing insurers and brokers together to help tackle climate change.

To join us for what will be a fascinating conversation on the key topic of our time, please register here.

Grant Thornton will be providing an overview on the process for successfully overseeing the activity of appointed representatives on Monday 6^th September2021, 9.15-10.15am.

In this presentation Grant Thornton will explore:

1. Recap on the context for and output of the 2016 FCA Thematic Review
2. Other recent regulatory developments in relation to ARs
3. What good and bad look like during the different stages of the AR oversight process:
4. Business model and risk management
5. Pre-appointment due diligence
6. Onboarding – contractual requirements
7. Approved persons and standards of conduct
8. Governance and oversight – ongoing control and monitoring
9. Customer outcomes oversight
10. Client money arrangements
11. Terminating the arrangement
12. Current and future developments regarding ARs.

To register for this event, please click on the link below to provide your details:

https://www.surveymonkey.co.uk/r/V6FGXTY

Dial-in details for the event will be sent nearer the date.

Below are details of the LISW21 Shipping Risk Forum taking place on Tuesday 14^th September 2021, a copy of the agenda for the event is attached. To make a booking please complete the TICKETS form in this link:

https://hopin.com/events/lisw21-shipping-risk-forum

The Shipping Risk Forum, held as part of the London International Shipping Week 2021, is the first international conference coordinated by the London marine insurance market stakeholders.

The event, hosted by Maritime London and organised in partnership with the International Group of P&I Clubs (IGP&I), International Underwriting Association (IUA), London & International Insurance Brokers Association (LIIBA) and Lloyd’s Market Association (LMA), will bring together the London marine insurance and global shipping communities to examine how insurers are providing solutions to the key issues facing the maritime sector.

The global shipping industry is witnessing a raft of regulatory issues at international, regional and commercial levels, an onerous sanctions landscape and the prospect of an increasingly complex energy mix as the industry strives to reduce GHG emissions. The discussion topics will include:

• Marine insurance – a dynamic market place 
• Insuring shipping in a sanctioned world 
• ESG and marine insurance 
• The future of marine insurance in London

The Shipping Risk Forum will be held as a hybrid event, with a select, invite-only physical audience coupled with a live video stream to the Hopin platform. Online Attendees will have the opportunity to ask Speakers questions via the Q&A function, interact with other Attendees via Chat and Direct Messaging, engage in 1-2-1 Networking and visit Expo booths.

LISW21 Shipping Forum 2021 AGENDA

LIIBA “EY Summer Season” WEBINAR – SMCR

Friday 16th July 2021, 9.15-10.15am

The final topic in our “EY Summer Season” webinars, takes place on Friday 16^th July 2021, 9.15-10.15am, and will be covering Senior Managers & Certification regime (SMCR).

In this presentation, EY will explore:

• A reminder of what SMCR is and what is its role within UK Financial Services? SMCR replaced the Approved Persons Regime and applies to all FCA regulated firms. It places personal accountability and obligations on almost everybody that works within the regulated financial services sector in the UK.
• How have firms’ prepared for and implemented SMCR? SMCR has now been rolled out across the industry and firms have taken different approaches in terms of implementation and preparation. We’ll discuss some of these approaches including the steps to determine their SMF population and prescribed responsibilities, to highlight overlaps and gaps in current organisational responsibilities and early engagement with HR and training for staff.
• What key changes have been introduced that are different to the previous regime? We’ll look at two of the biggest changes introduced by SMCR; The Certification Regime covers people who are not Senior Managers but whose jobs mean they can have a big impact on customers, the firm and/or market integrity. The Conduct Rules apply to almost everybody within a firm and extend to all aspects of the business, including those areas which the FCA does not regulate.
• What lessons have been learnt so far? Firms have faced a number of challenges in relation to implementation as a one size fits all approach doesn’t work for SMCR.
• Attendees will gain an understanding of the SMCR regime, how it applies within the UK and how firms can take practical steps to ensure ongoing compliance.

To register for this event, please click on the link below to provide your details:

https://www.surveymonkey.co.uk/r/LBPYXY8

Dial-in details for the event will be sent nearer the date.