Emphasis in the past has rested on policies, procedures and frameworks and there is now support for an approach based on ethics, values and principles. Board members and managers need to understand what actually drives behaviour and what environment encourages the right decisions. Embedding the principles and values that will drive the right behaviours across the organisation is a key focus area moving forward. The challenge is translating theory into real change.
The Culture & Governance in Financial Services conference will address ‘where to next’ following a year of intense scrutiny and change.
- Measure and manage risk culture and behavioural risk
- Examine how boards can affect real change and achieve better governance
- Prepare for the Banking Executive Accountability Regime
- Draw lessons on risk and culture from outside the financial sector
- Understand organisational behaviour and leadership and the psychology of risk
- Drive ethical behaviour and embed culture change throughout the organisation+
All financial institutions across banking, insurance, fund management and superannuation. Board Members, CEOs, Company Secretaries, Legal Counsels as well as Senior Managers across:
- Risk Management
- Regulatory Affairs
- Risk Culture
Attend to learn:
- Define where to next following a year of intense scrutiny and change
- Learn from local and international experts in the field of culture, governance and behavioural risk
- Hear case studies from a range of industries to broaden perspectives on culture
- Take away new approaches to embed ethics, values and principles across your organisation
De Nederlandsche Bank
Wijnand is heading the Governance, Behaviour and Culture department of De Nederlandsche Bank. Since its inception in 2010, he has been responsible for the national and international development of an innovative type of supervision that focuses on leadership styles, group dynamics and the quality of decision making by companies. Together with a multidisciplinary team of organizational psychologists and governance experts, he is responsible for conducting numerous examinations into the effects of behaviour all patterns for the performance of Dutch financial institutions. Personally, he takes great interest in analyzing human behaviour within the context of board decision-making processes and he is convinced that a closer focus on human behaviour with organizations and their boards, will contribute to their sustainable (financial) performance. He has published various (scientific) articles about these topics and provides training to internal and external supervisors on how to integrate behaviour and culture in their work. In addition to his position with DNB, he carried out an examination on behalf of the Health and Youth Care Inspectorate into the organizational culture of a large hospital in the Netherlands in 2016. Prior to his current role, Wijnand held various management positions at De Nederlandsche Bank and before joining the Dutch Central Bank he has been working as a corporate finance consultant and attorney-at-law. Together with his wife and three children he lives in the coastal village of Bergen, just north of Amsterdam.
The Banking and Finance Oath
Dr Laker was Chairman of the Australian Prudential Regulation Authority (APRA) over an 11–year period to 30 June 2014. As Chairman, Dr Laker was APRA’s representative on the Payments System Board of the Reserve Bank of Australia (RBA), the Council of Financial Regulators, the Trans-Tasman Council on Banking Supervision and the Basel Committee on Banking Supervision. He was also a founding director of the Centre for International Finance and Regulation. An economist by training, Dr Laker had an extensive career in the RBA prior to his appointment to APRA. He has also worked for the Commonwealth Treasury and the International Monetary Fund.
Currently, Dr Laker is a member of the Council of the University of Technology Sydney and of the External Advisory Panel of the Australian Securities and Investments Commission (ASIC). He is Chairman of the Board of the Banking and Finance Oath and a director of Cancer Council NSW. He is also lecturing at the University of Sydney and undertaking advisory work for the International Monetary Fund and the Basel Committee.
Dr Laker was appointed an Officer of the Order of Australia in 2008 for his services to financial regulation.
The Ethics Centre
Cris Parker is a leader in the banking and finance sector and the driving force behind two of Australia’s most profound initiatives working to bring ethics into everyday professional life. She runs The Ethics Alliance, a community of organisations of every size, type, and sector that are connected through The Ethics Centre to collaboratively shape the future of business with ethics. Cris is a director of The Banking & Finance Oath, a program she headed to foster ethical conduct among financial services professionals through support and a pledge of integrity. Cris draws on her psychology degree and her experience as both an actor and producer in establishing a Manhattan theatre company, casting agency, and production studio to include story-telling and a deep appreciation of human behaviour to her work.
Bank of England
Orlando is a technical specialist at the Prudential Regulation Authority of the Bank of England (PRA). His main areas of expertise are corporate governance, fitness and propriety, remuneration and outsourcing. Orlando jointed the predecessor to the PRA, the Financial Services Authority in 2011. Since 2013, he has played a leading role in the development and implementation of the PRA’s policy on the Senior Managers and Certification Regime (SM&CR), a new regulatory framework to strengthen individual accountability and improve corporate governance in UK financial services firms. He has also been involved in the development of a range of European and international regulatory initiatives on corporate governance, including a number of European Banking Authority (EBA) guidelines and the Financial Stability Board’s recent toolkit on the use of governance frameworks to address misconduct risk. Orlando has a Master of Laws in international law from the University of Nottingham.
Hall Advisory is a boutique consultancy providing bespoke governance, risk management, compliance and strategic advisory services. Our origin lies in servicing the financial services sector including superannuation / pension funds, insurance companies, banking institutions and financial planning practices. We now also actively service the corporate and government sectors.
All of our services are delivered from start to finish by experienced risk and regulatory compliance professionals with highly regarded qualifications and practical industry expertise to ensure that your needs are met and expectations are exceeded in respect of all engagements.
Our specialties include independent reviews, risk culture diagnostics, development of governance, risk and compliance frameworks, and specialist resourcing of outsourced and transitional chief risk and compliance officer and supporting roles.
What People Are Saying
A helpful and insightful look into the practical application and challenges being faced across financial services in relation to risk culture and conduct risk.Executive Manager, Operational Risk, Compliance & HR Audit, Westpac
These smaller less formal conferences achieve a good level of interaction with the audience and proved very insightfulCRO, Bank Australia
Interesting and engagingManager, Line 1 Risk, Group Finance, Commonwealth Bank Australia
Date: 9 Oct 2018 By: Ash Natesh
The bulk of Australia’s biggest financial institutions have been forced by the prudential regulator to go through an in-depth review of their culture and governance before the royal commission ends next year. After coping heavy criticism over a lack of enforcement strategies in the financial sector, the Australian Prudential Regulation Authority has demanded Westpac, ANZ …
‘Limited Language – Big Blind Spots’: How the language we use at work can undermine the very cultures we wish to createDate: 14 Aug 2016 By: Clare Payne
According to the Harvard Business Review, English is now the global language of business. English is declared the working language of the World Bank, The European Central Bank, (based in Frankfurt, Germany) and AXA (the French multinational insurance firm headquartered in Paris). The English we use in business however is distinct, perhaps forming a unique …
Date: 31 Jul 2016 By: Josephine O'Brien
According to the latest public briefing from Greg Metcalf, “nobody is above the law”. The nation’s top corporate cop has put finance senior executives on notice to ensure efforts to improve culture and conduct do not become “white noise” for staff below them, saying the regulator will continue to uncover wrongdoings and is not intimidated …
Date: 4 Jul 2016 By: John R. Childress
Research by academics and behavioural scientists has shown that individual behaviour at work is determined more by peer pressure than employer proclamations, decrees, rules or regulations. Banks in particular are comprised of numerous sub-cultures, each of which have strong unwritten ground rules for how members should behave in order to “fit in” and remain a …