08:15

Registration

09:00

Welcome from Thomson Reuters

09:05

Chair’s welcome

09:10

Keynote: Emerging technology

The future of business and innovation

09:45

The impact of new technology on financial services and regulation: What should I know now, and why?

According to the Worldbank, Distributed Ledger Technology (DLT) could “Fundamentally change the financial sector, making it more efficient, resilient and reliable”. But what are the likely impacts to the UK financial services sector, and those who work within?

  • What is driving technology spend and adoption?
  • Crypto- currencies: 
    • DLT, blockchain, and smart contracts
    • Crypto assets, shares and tokens
    • What are the real-world impacts on the UK FS sector?
  • Cloud computing in financial services: where are we?
    • Regulatory continuity
    • Regulator’s perspective
    • Data governance, security and privacy concerns
    • Opportunities for UK FS companies
  •  Artificial intelligence and robotics
  • Trading questions and regulation of smart-algorithms
  • ICOs

10:45

Break

11:15

Breakout options

A choice of one of the following options

Breakout option 1: Fin & Regtech

  • Legal uncertainty and challenges for Fin/RegTech
  • Rewards and opportunities of adopting new Tech
  • Practical considerations of implementing new Tech and overcoming legacy system issues
  • The role of Tech in minimising risk and maximising compliance with new requirements
  • Will Tech help companies with regulatory burden and how can it help with existing requirements?
  • Promoting competition and innovation
  • Nirvana Farhadi Global Head, Financial Services RegTech, Risk & Regulatory Compliance Affairs, Hitachi
  • Dr Joanna Perkins Chief Executive, Financial Markets Law Committee

Breakout option 2: Asset management spotlight

  • What should we be focusing on right now?
  • Benchmarks Regulation
  • PRIIPs Regulation
  • Proposed reform of the CRD and CRR for investment firms
  • Future of UCITS V (VI?)
  • AFIMD
  • Application of cognitive computing and AI for asset management
  • Brexit impacts for the asset management industry
  • FCA Asset management market study
  • SM(C)R
  • Stuart Corrigall Director and Head of Product Structuring in EMEA, BlackRock
  • Ashley Kovas Senior Regulatory Intelligence Expert, Thomson Reuters

12:15

Lunch

13:15

Breakout options

A choice of one of the following options

Breakout option 3: Transforming culture and governance: MifID2, MAR & SM(C)R

  • The UK financial services sector, post MiFID2 implementation
  • Preventing market abuse and consumer protection
  • Culture and conduct risk
  • What is the real meaning of “greater individual accountability” for in-house lawyers?
  • How will the SMCR apply in these different areas?
  • What steps should you be taking now?
  • Challenges of measuring & reporting on culture, governance and conduct risk

Breakout option 4: Privacy, data protection and cyber security

  • Data privacy: this is where you should be with your GDPR programs
  • Cyber-resilience of the financial services industry
  • GDPR as an opportunity and minimising risk
  • Understanding the regulatory expectations: Accountability and governance

14:45

Break

15:15

Breakout options

A choice of one of the following options

Breakout option 5: Legal Landscape and potential risks: What is changing and why?

  • Brexit
    • International cooperation
    • UK’s role as financial services centre of Europe
    • Priorities and financial services strategy moving forward
    • Post-Brexit outcomes
  • Passporting
  • International updates

Breakout option 6: Competition and how to work with your Regulator

  • Practical tips
  • What to expect when being investigated
  • What is the FCA investigating with its competition powers?
  • How is the CMA working with the FCA and other sector regulators?
  • Legal privilege, lawyer’s rights of audience and criminal risk
  • How to run an internal investigation
  • Reconciling competing requirements from different regulators
  • Working in a complex and regulated organisations

16:00

Enforcement and financial crime

  • Is the nature of enforcement changing?
  • Enforcement priorities of the regulators
  • Penalties for breach of Sanctions
  • MLD4&5: Strengthening controls
  • Whistleblowing
  • Failure to prevent: what you should be doing now
  • John Sheehan Deputy Chief Crown Prosecutor - Specialist Fraud Division, CPS
  • Malcolm Wright Founder, FCC Advisory
  • Damian Bisseker Head of Litigation, EMEA, Credit Suisse
  • Steve Smith Deputy Head of Financial Crime, EMEA, Financial Crime Compliance, Nomura International

16:45

Summary

High level summary to bring together key observations from throughout the day.

*Please note the agenda is subject to change

The page will be updated with further details on the agenda once they are confirmed.