CRO Circle Dinner – Compliance has grown into a monster

Summary 

The combination of the global financial crisis in 2008, global money laundering scandals, cross-border and tax issues, as well as misselling risky products to clients, highlighted important issues on governance, policies, procedures, culture, and appropriate risk management. The responses of regulators and politicians have radically evolved with the goal of tightening up the regulatory framework and supervisions. Because of the pressure, the financial institutions have significantly increased their forces in the Compliance and Risk department to manage related risks but adhere to the pressure of the regulators.

The Swiss Risk Association (SRA) has the pleasure to have David Leppan, founder of World-Check, as a guest speaker. David will speak about the evolution of compliance covering financial crime within financial institutions over the past years, the impact, the lack of efficiency and the marginal impact on the current growth of the financial crime. He will also raise questions about emerging risks such as data protection laws and related violations, etc.

“Compliance has grown into a monster, flagging every potential risk and swamping banks with false positives, while those truly involved in criminal networks are largely unaffected.”

Keynote

• David Leppan, Founder of World-Check and CEO at Managing Reputational Risk
  David Leppan was born and grew up in South Africa before attending the University of Salzburg, where he studied Political Sciences. He worked for Thomson Reuters before founding the well-known search tool called World-Check, which was subsequently sold to Thomson Reuters at a later stage. After World-Check, he co-founded WeathX and Captis Intelligence, and most recently, he created a new company called Managing Reputational Risk (MRR).

Agenda

18:30 Welcome drinks
19:15 Take seat at dinner table
19:30 Welcome speech (Jean-Pierre Colombara)
19:35 Appetizers
20:00 Keynote speech (David Leppan)
20:40 Main Course and Dessert
21:30 End of event

Swiss Risk Association in Romandie

The Swiss Risk Association (SRA) is a non-profit organisation and open forum for risk management. Through events, discussions and knowledge transfer, the SRA strengthens Switzerland’s position as a financial competence centre.

The Swiss Risk Association was created 10 years ago and was mainly covering the Swiss German Part of Switzerland. In order to expand our organization within the French part of Switzerland, we created a new Chapter “Romandie”, which was successfully launched last year. As part of the development in the Romandie, we are excited to bring an unforgettable evening and exclusive networking opportunities at the CRO Circle Dinner. This new event format has been a great success in Zurich and therefore, we are excited to have one of such prestigious event in “Romandie”.

The goals of the Romandie Chapter are to develop the exchange of knowhow and networking opportunities via the organization of Chapter Event covering various Risk topics, in the areas of Private banking, asset management and commodities trading etc.

About CRO circle

The CRO Circle institutionalizes the need to debate thoughts and ideas with your C- and Board level colleagues informally. It helps you to identify risk topics that you didn’t think of yet. It provides you with very exclusive networking opportunities and surely new friendships. The “CRO Circle” targets the most senior risk managers, the leaders who are responsible to identify and manage the risk for a company comprehensively. A CRO Circle seat is available as a part of our Corporate Packages.