Course Summary:

The Central Bank of Ireland believes that systematic risk-based supervision is the best way to supervise all financial firms in a way which makes it materially less likely that they will, collectively or individually, fail in a way which endangers financial stability or consumers. They have developed PRISM (Probability Risk and Impact System) in order to achieve this.

Under PRISM, the most significant firms receive a more intrusive form of supervision under structured engagement plans. This is intended to lead to early intervention to mitigate potential risks. Firms, who have been provided with a lower risk potential will be supervised reactively or through thematic inspections. This 1 hour briefing will outline how the Central Bank uses PRISM to supervise your firm.

Course Contents:

The briefing will explain the following areas:

  • what is risk based supervision?
  • how PRISM works
  • engagement and supervision
  • risk appetite
  • how the Central Bank judges probability of failure
  • use of enforcement as a form of supervision
  • Risk Mitigation Programmes
  • Quality Assurance

Who Should Attend: 

This course is suitable for anyone who requires an understanding of the Central Bank of Ireland’s approach to supervision particularly those that may be required to engage with the Central Bank as part of PRISM engagements, such as:

  • Directors (Executive & Non Executive)
  • Management
  • Heads of Compliance
  • Compliance Officers
  • Heads of Risk
  • Heads of Internal Audit
  • Internal Audit Staff

 

Cost:

€100 per attendee
(All training fees are VAT exempt)

 

Details:

Date Time Venue
Wednesday 4th April 2018 1:00 pm - 2.00 pm 38-39 Baggot Street, Dublin 2

Alternative Payments:

To pay by bank transfer/cheque please make your booking via bookings@complianceireland.com including the course name, course date, your name and contact details (including email address and telephone number). We will email you with an invoice and course details which includes the details of how to make payments.

Enquiries:

If you wish to enquire about a course before booking, please contact us at email@complianceireland.com

CPD Details:

We apply for CPD accreditation for all of our courses. See our website for further details: http://www.complianceireland.com/training/cpd

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