Course Overview
The course will explain the PRISM approach, along with practical guidance in relation to each of the 11 risks assessed as part of a full risk assessment to enable a business to prepare for a visit by the regulator.
Course Content
- Risk based supervision
- The PRISM approach
- Analysis of the 11 risks
- PRISM on-site visits
- Setting of risk appetite
- Risk management in relation to PRISM
Course Benefits
The Probability Risk and Impact System (PRISM) is the GFSC’s risk-based framework for the supervision of regulated firms. This systematic supervision enables the regulator to focus resources where they have assessed there is a higher risk of failure due to financial stability or reputation.
In attending this course you will fully understand how PRISM works, be able to assess the impact on your firm and to identify areas which require action in order to be prepared for a regulatory visit.
This course is aimed at directors, NEDs, compliance officers and all other staff with regulatory responsibilities.
Next Steps
If you would like to book a place on this course please click on the ‘Book Course’ button to the right of this page and login or register for a user account to complete your booking(s). Any queries please do not hesitate to contact us via [email protected] or call us on 01481 224570.
If no date is scheduled for this course at the present time please click on the ‘Register Interest’ button and login or register for a user account so that we can add you to our course interest register. This register allows us to contact our tutors and finalise dates for a course as soon as we have a few people who have expressed their interest, so the more delegates who register their interest, the sooner we can schedule a particular course.