Operational Risk Community Zone

Taking place on the Main Stage from 10:00am on 23rd July 2020 and here in the Operational Risk Community Zone for further thought, discussion and contributions.

Jul 23, 2020

Questions: Managing risk in changing times

Some questions that we were unable to cover during the panel session on managing risk in changing times:Is it possible to create a culture where change is not a tough and arduous process, but real change still occurs?What would you name as the biggest sanctions related change that would need to happen in either regulation or in entities following the regulation?I am interested to have the views of the panel about the OFAC 50% Rule especially subsidiaries of designated entities. How it is affecting banks?I've found a growing concern where banks are circumventing sanctions (i.e. general licences, 50% OFAC, Sectorial) by creating controls on paper not in practice

About this community zone

Welcome to the Community Zone for Operational Risk. Appearing on the Main Stage on 23rd July we have:

10:00am –Richard Mais will talk you through his recent inCOMPLIANCE article “Enabling agility” in which he considers how effective non-financial risk management can enable enterprise agility and support innovation in a rapidly-changing environment. He will share personal insights and recent experiences in this highly relevant topic. 

10:45am – The data breach vs the ethics breach: How to prepare for both, with Linda Thielová of OneTrust

11:30am – Managing risk in changing times, featuring: