Digital Meeting: 2 March 2023
The latest FCA views on the key risks facing the asset management industry and the focus of their supervisory efforts will feature in their 2023 ‘portfolio strategy letter’, expected to be published in February 2023.
FBC is pleased to welcome Camille Blackburn, the FCA’s new Director of Wholesale Buy-Side, to a discussion of the key risks facing the asset management industry and the regulator’s planned focus for the next 24 months of supervisory and policy work. Camille will chat with Philip Warland, Chair of FBC’s Advisory Council, and the floor will be open for questions.
Key themes will include the Consumer Duty, Assessment of Value and the FCA’s Sustainability Disclosure Requirements, including how these key initiatives interact with each other and what the regulator expects from asset managers in general and authorised fund managers in particular. Other themes will include operational resilience, oversight of service providers and liquidity risk management.
There will also be a focus on the important role of fund boards and fund board directors in meeting regulatory expectation.
Please note that the date is to be confirmed.
Director of Wholesale Buy-Side, FCA
Camille joined the FCA as Director of Wholesale Buy-Side in October 2022. Most recently she worked at Legal & General Investment Management where she was Chief Compliance Officer and was responsible for the company’s global compliance framework and team. Before that she was Chief Compliance Officer at Aviva Investors and was Chair of the Investment Association’s Brexit Committee. She has held international chief compliance officer roles in investment banking and money services businesses. Camille has held senior policy roles at the Central Bank of Ireland and for the Australian Government. She was a Principal Advisor to the Australian Treasury on the 2014 Australian Financial System Inquiry and the 2016 Capability Review of the Australian Securities and Investments Commission. During the financial crisis she was the Head of Investment Banking at the Australian Securities and Investments Commission.