XLoD Global is a new, digital event. It will be the first event ever to bring together all 3 lines of defence globally. Leading practitioners and regulators from EMEA, APAC and North America will convene to share best practice and discuss the future of control functions across the 3 lines of defence.
Over three days and 75 sessions XLoD Global features more than 150 MD level practitioner speakers from banks, asset managers and regulators. There will also be considerable opportunity for virtual networking.
If you work in risk and control do not miss thisunprecedented opportunity to increase your knowledge and network with your peers globally.
“It is only right to examine how ethical-decision making benefits society. It is not surprising that some of the benefits are demonstrable in economic terms. As a result, purposeful investment to build ethical infrastructure makes sense for our societies and our economies. As we strive to prosper within planetary boundaries and achieve truly inclusive societies, there is urgency to build trust and the capacity navigate these complex challenges. The practical initiatives proposed in this report provide a blueprint for building the ethical infrastructure we need. The recommendations are farsighted in their aims, and their systematic pursuit cannot start soon enough.”
“The basic idea is to say let’s regulate through ethical culture, rather than through deterrence. Let’s have a problem-solving approach, rather than the linear approach of identifying breaches.”
“When you have a business and regulator committed to ethical business practices, the relationship between the two is ethical business regulation. Then, we need lots of regulators and businesses involved to maximize effectiveness.”
“We need to be able to regulate the future, not just today. Our approach is based on organizational performance and not just reactions to business risks. We design oversight relative to companies’ performance in managing risks. In this way, we support delivery of best regulation principles.”
Ben Alcott, International Director at the UK Civil Aviation Authority
“We have to make sure that evaluations, impact assessments and the regulations themselves are proportionate. For me, the most important thing is that we have clarity and narrative so that we can communicate to citizens what we want to do and why.”
“Ultimately, better regulation is not a technical debate — it’s about culture, ethics and values.”
Veronica Gaffey, Chair of the Regulatory Scrutiny Board (RSB) at the European Commission.
“…integrating culture, ethics and trust issues into decision making, we empower local regulators to adjust to local realities.”
At a FIPRA event last year, much attention was devoted to Ethical Business Practice and Regulation. Building on the positive response both to the event and in subsequent work, in Europe and around the world, FIPRA wants to build on those foundations. This year’s FIPRA and European Justice Forum joint conference will mark the launch of a Brussels and EU chapter for the International Network for the Delivery of Regulation.
The aim both on the day and beyond will be to contribute fresh thinking on how regulators can better reconcile their mission and vision in their day-to-day work.
And on how novel tools and methods can achieve society’s regulatory goals more effectively and at lower costs all round.
Please join us, as we use the conversations on the day to identify together those sectors and issues on the EU agenda which can most evidently benefit from the specific techniques and affordances of Ethical Business Practice and Regulation. Beyond this, we would want to understand sector by sector how far the tool-box needs customisation in order to be fit for purpose.
Ultimately, we believe it is possible for Europe to be a global leader in the design and construction of a future-proof on-line system of governance for the 21st Century.
The conference will have three focal themes:
Why do we need a different approach to regulation?
How can we regulate the digital space?
What role can play the use of data in regulation and performance?
Place: Virtual conference Time: 22nd September 2020, between 09:15 and 11:15