About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BCBS 239, Solvency II and Beyond: Current status and the next game changers – London Seminar June 2nd

Subscribe to our newsletter

BCBS 239 and Solvency II have driven the Data Governance Agenda for banks and investment firms. Both were enacted on 1st January and many firms are being assessed right now.

At the EDMworks Data Practitioner Network on 2nd June we review the current state of the assessment process based on feedback from leading banks. Dennis Slattery will deliver a summary of actual feedback from UK and USA leading banks and describe the activities of the Regulators and banks’ Internal Auditors as they get to grips with assessment and further remedial action.

The event also covers the next major drivers for data governance in the European region. Three seemingly unconnected pieces of legislation will fundamentally change the data management landscape over the next three years. They all have different causes, but their combined effect will be to enforce accountability for data, reinforce governance, underpin data architecture and mandate data quality management:

The General Data Protection Regulation (GDPR) changes the rules and accountabilities for security around personal data and transforms penalties for data breaches from “cost of doing business” to “bankrupting the business”.

The Network and Information Security Directive (NISD) focuses on identification, registration and accountability for critical networks or systems. The scope covers financial, telecoms, utilities and other types of business. It is the European Union’s response to cyber terrorism.

On 7th March 2016, the Senior Manager and Certification Regime (SMCR) was implemented as a self-regulating framework for senior management accountabilities across the finance sector. This provides the legislative structure for the PRA/FCA to demand individual accountability for and oversight of critical business functions. The NISD and GDPR will use this framework to ensure personal accountability for data assets across the organisation.

All these topics will be covered by subject matter experts and practitioners from leading firms. To register, got to https://lms.edmworks.com/mod/page/view.php?id=757

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Key Takeaways from the SEC’s 2025 Examination Priorities

The U.S. Securities and Exchange Commission’s Division of Examinations released its examination priorities for Fiscal Year 2025 in October, placing a strong emphasis on investor protection, market integrity, and compliance with regulatory standards. These priorities, formulated before the results of the 2024 U.S. election were known, reflect insights from past exams and emerging risks, and...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...