This session will address the roles of compliance and supervision, and the potential pitfalls of having compliance perform supervisory functions. Centralized versus decentralized supervisory structures will be compared and contrasted. The discussion will then focus on factors specific to the business model and personnel that may favor a centralized or decentralized structure. Finally, supervisory controls and monitoring will be covered.
Advanced Preparation: None
Pre-requisites for participation: No prerequisites are required
• Explore the roles and responsibilities of compliance oversight and performing supervisory functions
• Compare and contrast centralized versus decentralized supervisory structures and what factors favor one over the other
• Integrating and effectively utilizing technological solutions in the supervisory structure
• Designing and implementing effective supervisory controls tailored to the business model and
considerations for monitoring of the supervisory system