Corporate Governance in Financial Services - The Current Position

Introduction

Following recent changes to the UK Corporate Governance Code, as well as current areas of regulatory focus such as Consumer Duty and ESG and how they impact firm’s corporate governance arrangements, this short webinar will explore some of the main corporate governance considerations for financial services firms, touching on some key themes relevant to most firms that are regulated under FSMA.

The webinar will provide you with a better understanding of regulatory requirements (including conduct and reporting) relating to corporate governance for FS firms, helping you to keep pace with regulatory expectations of the governance and management of firms.

It is suitable for senior managers in financial services firms, non-executive directors, holders of senior certification functions, risk, legal and compliance professionals.

What You Will Learn

This short webinar will cover the following:

• A quick recap of the UK Companies Act 2006 and the UK Corporate Governance Code (‘CGC’)
• Some recent changes to the CGC and when they come into force
• Key themes for FS Firms:
• FSMA firms regulatory requirements on governance
• Some key themes and current areas of focus:
• Consumer Duty, Consumer Duty Board Reports and the role of the Consumer Duty Champion
• ESG considerations (including new greenwashing rules, changes to the ESG handbook and D&I reporting)
• Increased focus of auditors on competence and integrity of governing bodies (following PWC fine for LCF)
• Key takeaways - mapping out reporting and other requirements applicable to your firm, getting the structure right and driving the right culture and behaviours

This webinar was recorded on 3rd February 2025

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.