Regulatory Risk & Compliance South Africa Conference

Financial services firms such as banks, insurance companies, fintechs and other service providers are facing more complex regulations than ever before, making today’s corporate environment more complex and demanding than at any point in history. Many new regulations need to be managed due to the pandemic, changes in policies, digital challenges and several other factors.

In financial services in particular regulatory, risk and compliance strategies will and must continue to evolve. Banks that succeed will take up the challenges by proactively addressing the impact of digitization on
compliance, accountability, transparency, risk management and data governance. To do so, banks will need to collaborate with all market participants and regulators to meet their objectives for an improved customer experience, while also keeping both customers and financial markets safe.

New regulations or amendments to current regulations inevitably raise different interpretations and increase risk, leading to possible operational failures and non-compliance. The impact and probability of hazards connected with those rules are reliant upon understanding the legislation’s intent, interpretation of the law, implementation of the law, and the organisation’s handling of regulatory change management. Banks have begun to map all their risks, policies, procedures, training plans, assessments, audit templates, and compliance schedules to the corresponding rules and regulatory requirements.
A proactive strategy is needed, allowing changes in legislation and standards to drive compliance and organizational adjustments.

From conduct risk, data privacy, digital identity, third party risk and fair lending to ESG reporting, GRC, regtech and internal audit, regulatory risk and compliance, banks have to manage these risks and comply with all the rules and regulations concerning compliance. This conference will focus on bringing the main role players from banks, insurance companies, financial services, services providers and government together at one forum to discuss and learn how they can tackle the challenges faced by financial institutions on meeting regulatory and reporting requirements.

The conference programme will analyse the effect of a change in laws and regulations that could potentially cause losses to your business, sector or market. Attend this conference and network with over 120 participants, including close to 30 speakers addressing topics covering regulatory risk challenges, conduct risk in banks and the insurance industry, the global regulatory compliance landscape, consumer protection and market conduct, and regulation technology. As organisers of the annual AML & Financial Crime Southern Africa Conference, Trade Conferences International (TCI) is proud to bring delegates another top regulatory event.