Responding proactively and effectively to a more aggressive and complex global regulatory and enforcement environment

The Conference Board in two new 2015 reports identifies immediate challenges corporations face. They must bridge the gap between regulatory and enforcement rules and actions and trust-building business behavior. “Embedding… ethical accountability and transparency into the company's core can create a competitive advantage”, the Reports conclude.

Across the spectrum, there is stress in the marketplace, and the cost of non-compliance can be very high. Enforcement and penalties are on the rise, and the compliance environment is increasingly complicated and expensive. It is necessary at times to deal simultaneously with E.U., U.S., multi-jurisdictional and individual country actions. How to deal effectively with the authorities and respond to their expanding agendas is more challenging than ever before.

Cybersecurity concerns also are multiplying. Tackling these issues and protecting intellectual property and data are essential to minimize downtime and damages and facilitate rapid recovery.

The 13th Annual Conference will focus on these themes and how corporates and financial institutions need to refine their strategies in response. What should a risk-based compliance programme look like and how should it be updated to take into account new and current experiences?


Our exceptionally well qualified international speakers include senior regulators and prosecutors from the European Commission, European Banking Authority, Financial Services and Markets Authority, U.S. Department of Justice, U.S. Attorney's Office, New York, Munich Prosecutor's Office, OECD and The World Bank. They will offer insights and perspectives from the Government's point of view emphasizing the latest priorities.

Speakers from corporates, financial institutions, law firms and accounting firms will share their experiences about dealing with increased regulation, compliance and enforcement issues.

U.S. enforcement settlements involving larger and larger penalties and sanctions are harsher than ever before. The global implications for multi-jurisdictional cooperation and concerted action is greater than ever. Are you aware of the implications from recent cases such as Commerzbank where the Government entered into a Deferred Prosecution Agreement (DPA) with steep penalties involving the financial institution and its individual employees; the ongoing HSBC DPA (requires continuous reporting and regular certifications); Bank Leumi (a very recent settlement with prosecution of a large number of individual bank employees).

In the competition realm, authorities from the E.U. and European States are continuing to raise the bar on corporate sanctions and deepen their cross-border cooperation, with increasingly large sanctions led by the E.U., the U.S. and Brazil. The long arm of U.S. prosecutions continues to pose special risks for corporations and individuals as seen in the actions of the Antitrust Division of the U.S. D.O.J and the E.U. Competition Authority. Also, the new E.U. Directive of Private Damages Actions in Competition Law signed in November 2014 establishes far-reaching provisions for the pursuit of such actions.

Larger and larger settlements, penalties and sanctions are placing additional pressure and greater financial exposure on corporates to resolve disputes in fraud, compliance, Anti-money laundering, corruption, LIBOR, FX and other matters. What are the best paths to position a client or company to make a resolution possible at the earliest feasible stage?

Major cybersecurity breaches worldwide heighten the need for contingency planning and more rapid response and crisis management programs. Companies must give attention to building a bullet proof perimeter and responding efficiently to breaches, hacks and threats while at the same time protecting privacy of consumers and data and respecting laws and government requirements.

The growing role of monitors and independent examiners required by settlements in many jurisdictions is important to understand. Their role as policemen and arbiters of compliance and cooperation is global in scope and applicable to foreign conduct wherever it may occur.

Financial institutions are under severe regulatory pressure globally as are other companies caught up in industry sweeps. What lessons from recent actions are most important?

The conference is for senior company executives and non-executive directors, as well as legal, risk, financial, and compliance teams at corporates and financial institutions and law firm partners, who are seeking the latest information and best practices on regulatory changes and enforcement trends.

• Learn about the latest developments in risk management
• Understand the practical issues that your company faces
• Meet the panel of guest speakers plus experts from accounting and legal firms who will share their insights and experience
• Connect with peers that have experienced or are currently facing challenges similar to yours