Outcomes based regulation: understanding how to work in the new regulatory environment
>> Event Overview
With the introduction of the new Consumer Duty, the FCA signalled a move towards an outcomes-based regulatory system. This session will address the following questions – What does this mean for firms? What differences will we see? How do we need to adapt the way we work to evidence compliance in this new regime?
>> Learning Objectives
By the end of the session, participants will be able to:
- Identify the key characteristics of an outcomes-based regulatory system.
- Understand how the regulatory environment will change as a result of us moving towards outcomes-based regulation.
- Implement a strategy to adapt to the new regulatory environment.
>> Speaker Biography
Jeff Heasman worked as a litigation executive and senior liability adjuster before branching out into language and psychology. Jeff holds both a bachelors and a masters of law degree, is a qualified language instructor and also a certified practitioner member of the Academy of Modern Applied Psychology as well as a member of the Association of Business Psychology. He delivers courses across the globe, either face-to-face or online. Jeff maintains a close connection to the industry by regularly providing consultancy in areas such as law and communication and he provides consultations with individuals and teams regarding cognitive skills, such as decision-making and problem-solving.
In 2020, Jeff graduated top of the class from the Yale School of Management Executive Education programme in negotiation strategies with a score of 100% across all modules and he is recognised as an expert in the field of negotiations within the insurance industry. Other areas of specialist expertise include insurance fraud, claims handling and the synergy between product design, brand promises, marketing messages and customer expectations. Jeff is currently completing a doctoral thesis with a Swiss business school, focusing on human v automated decision-making in insurance claims and its potential impact on customer trust.
Venue
- Online
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.