Annual Report 2016

Looking back over the last year , it is clear that the rate of regulatory change continues to accelerate. The pace and rate of change continues to create challenges along with opportunities for those who can quickly grasp and manage the business implications. There are no signs of slowing, so now more than ever we need to work together to anticipate future changes by sharing expertise and building connections.

Our Risky Women network is an opportunity to do just this and the global network that now exists offers a unique way for us to work with you in partnership to help navigate the risk and regulatory landscape. What we have heard from you is that the connection with peers and
bringing together like-minded professionals to discuss the challenges and, importantly, opportunities is core to what you like about being a Risky Woman – so thank you for joining the network.

In this report you’ll find a summary of all the events from the formation of the network. You’ll find a summary of key topics we’ve covered and see the list of fantastic keynote speakers from regulators to senior industry professionals who have joined us throughout the year.

During 2016 we were privileged to have regulators such as ASIC’s Cathie Armour, Benedicte Nolens from SFC Hong Kong and the HKMA’s Meena Datwani address us on a range of topics from deep dives on specific regulatory changes to reg tech and fin tech and the exciting developments this is creating. We also were thrilled to have so many senior risk industry leaders like Lara Warner, Jane-Ann Gadhia and Claire Cockerton share their insight and perspectives.

Regulation remains top of the agenda and the considerable challenge placed on the industry, our operating models, systems, data and people will remain hot topics for some time to come. The Cost of Compliance Annual Survey is always a popular topic and one we will share each year and we love the additional input and ideas you share in the discussions.

Conduct Risk continues to be a focus and along with reputational risk now featuring at Board level, means the Conduct Risk Annual Survey is another popular topic. We will continue to bring this topic to the network also.

During the making of our Risky Women video the network was described as “… like opening up a black book and saying here are some of the most influential women in the industry”. So join us and be part of “the conversation that matters”.

We are excited about the future and opportunities on the horizon, and we are here to work with you and help connect and share best practice and ideas on how to find the way forward as the regulatory developments continue.

Thank you all for your ongoing support and participation in the Risky Women network. My colleagues and I from around the world look forward to continuing the deep discussions. We will also continue connecting, championing and celebrating all of you who make this network so powerful.