SESSION 2: Managing Through a Crisis: The Resilient Compliance Department

Compliance is an essential aspect of a holistic enterprise risk management program and at times may be thrust into time-pressured discussions with senior management or corporate Boards. There is no playbook for addressing unprecedented event.  This session will examine the factors compliance professionals must consider when identifying potential issues and escalating issues up the chain.  Panelists will share lessons they have learned from various crisis events and offer practical courses of action.

Learning Objectives:

  • Identify potential red flags to spot issues before a crisis arises
  • Establish an escalation plan and know when to initiate the Business Continuity Management plan
  • Understand when to advise your regulator of an extraordinary event and the scope of such notification
  • Develop a checklist of action steps to provide a framework during fast-moving events