Quarterly Members Meeting - Q3 2025

We are delighted to invite our members to the third quarterly meeting of 2025. This Institute and BDO panel workshop will bring s.166 Skilled Person Reviews to life! While enforcement action may be on hold, Supervisory action is unlikely to be. The statistics indicate the voluntary undertakings and Skilled Person reviews will continue to be in use. 

While not new, s.166 review can be perceived as a daunting and intensive exercise for firms, and all too often key stakeholders inadvertently fall short of harnessing the true value that a s.166 Skilled Person Review can bring. 

This session seeks to explore the practicalities of living and breathing a s.166 Skilled Person Review, and provide you with actionable guidance based on real-world lived experience. This includes how to manage challenges of scope creep, how to select an appropriate Skilled Person for your firm, what happens if you disagree with factual findings and most importantly, how to manage costs when your firm may already be under immense commercial pressure. 

We have an expert panel of experts who have seen it all when it comes to s.166 Skilled Person Reviews, and are well positioned to tackle some of the common challenges and misconceptions across the end-to-end process. This will be an interactive session where all questions and queries are welcomed to have an interactive discussion. Participation is also welcomed, and we encourage you to bring any views or lessons learnt to the session which you are happy to share.  

Details

📅 Date: 11 September 2025
🕐 Time: 4:30pm registration and refreshments – 5:30pm start 
📍Location: BDO LLP, 55 Baker Street, London, W1U 7EU

Speakers:

• Fiona Raistrick - Partner at BDO Financial Services Advisory, former FCA Specialist Supervision Manager who was involved in the formulation of how Skilled Person reviews are conducted today
• Mario Menz - Former MLRO and Head of Risk and Compliance at various banks, current Deputy Chair of the Institute Advisory Board and had also been involved in multiple financial crime, compliance and culture skilled person's reviews
• Pete Dougherty - Former MLRO and Head of Financial Crime at firms such as Morgan Stanley, Travelex and State Street, current Chair of the Institute Advisory Board
• Clarinda Woodford (moderator) - Director at BDO Financial Services Advisory, engagement lead for S166 Skilled Person Reviews covering all sectors but with a specialism in Gambling and Payments.

Agenda

• 4:30pm - 5:30pm: Arrival and refreshments
• 5:30pm - 6:30pm: Panel presentation and discussion
• 6:30pm - 8:00pm: Networking drinks and nibbles

Spaces are limited and will be allocated on a first-come, first-served basis. Members and the Institute's guests will be prioritised.

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