Staycation plans of The FCA were put on hold this year as they launched their delayed annual business plan in July. And it didn't disappoint. Regulated firms should expect a tougher, more proactive and robust regulator that is not afraid to take a risk and push the boundaries and limits of its own powers. In this short podcast, the Worksmart team of Julie Pardy and Nic Dent reflect on the opinions of hundred senior managers, risk and compliance professionals to the regulators 2021 business plan.

In part two of this podcast series, Julie Pardy, Worksmart's Director of Regulation and Market Engagement, outlines how Financial Institutions can meet The Monetary Authority of Singapore (MAS) expectation for senior managers and material risk personnel to be fit and proper to perform their roles.

The Monetary Authority of Singapore (MAS) guidelines to improve culture, governance and accountability across financial institutions in Singapore took effect on the 10th September 2021. In this two-part podcast series, Julie Pardy, Worksmart Director of Regulation and Market Engagement, provides Financial Institutions with a route map through this new accountability regime, providing practical insights into how it may change the way your firm operates and how the regulator may apply it.

No longer a tick box exercise, diversity and inclusion (D&I) through the regulator's eyes is an indicator of your firm's approach to Conduct and Culture. Firms, therefore, should not be surprised if the FCA, over the next few months, starts asking questions about the diversity of their management team and how they are creating an environment in which all people of all backgrounds can speak up. In this podcast, Worksmart's Director of Regulation and Market Engagement, Julie Pardy, encourages regulated firms to be far braver in their approach to D&I to create a long-lasting inclusive culture.

We've unearthed a gem of a regulatory report, this time from the Bank of England who published in March 2021 Staff Working Paper 912 on 'Organisational Culture and Bank Risk’ that found “robust evidence that poor culture in banks and building societies leads to substantially higher risks”. In this podcast, we unpack the report’s findings and show you how this report can help both dual and solo regulated firms crack the ‘Culture Measurement’ code!

Last December, the PRA issued the results of its review of into the implementation of SM&CR in dual-regulated forms, i.e. banks and insurers, which have been in operation for four years (March 2016). Listen to Julie Pardy, Nic Dent and Philip Allen discuss the key messages from the report and the learning that all regulated firms can take from the PRA's report to help their embedding of SM&CR

The days may certainly be shorter and the nights longer, but fear not, you can rest easy about managing the training and competency (T&C)of your staff by listening to this short post-webinar podcast on “Making T&C work for you” with Worksmart’s Julie Pardy and Nic Dent. Together, our panellists interpret the live webinar poll results of over 100 compliance, risk and HR professionals before urging firms in 2021 to take a good hard look at their current T&C scheme to see how T&C can transform your corporate culture and team performance.

We know it's challenging keeping up with everything that is going on the world of regulation and compliance. Help is at hand. In this 10-minute podcast, we help you make sense of current and future regulatory issues. In part two of this two-part compliance round-up series Julie Pardy Director of Regulation & Marketing Engagement at Worksmart emphasises the importance of reviewing and improving your conduct rules training before discussing why all firms in 2021 should embed the FCA 5 Conduct questions into their practices, policies and procedures.

We know it's challenging keeping up with everything that is going on the world of regulation and compliance. Help is at hand. In this 10-minute podcast, we help you make sense of current and future regulatory issues. In part one of this two-part compliance round-up series Julie Pardy Director of Regulation & Marketing Engagement discusses the deadline extension for SMCR, the FCA's approach to non-financial misconduct and what good Conduct & Culture looks like regulated firms in 2021.

If you think that compliance costs for regulated firms are steep, then the cost of non-compliance is jaw-droppingly high. Whether we are talking regulatory fines, damage to reputation, customer detriment or impact on business continuity, the very real threat of non - compliance has a disproportionate impact on a firm’s bottom line that can’t be ignored. In this joint Worksmart and Elephants don’t forget podcast, a follow-up episode to the latest webinar on the ‘The Not so hidden cost of compliance’. Adrian Harvey, from the AI-powered knowledge retention firm Elephants Don’t Forget and Julie Pardy Director of Market Engagement and Regulation at SM&CR technology firm Worksmart summarize the thoughts and opinions of over hundred heads of compliance and compliance officers within financial regulated firms. Download and watch the 'Not so hidden cost of compliance’ webinar at the link below: https://tinyurl.com/yycvhmj2