Location: Online
Overview
This one-hour session is designed to provide company directors with a comprehensive understanding of the business risk assessment (BRA) requirements and best practices, focusing on the regulatory framework of the Isle of Man Financial Services Authority (IOMFSA). The course will also cover general principles and methodologies for conducting effective BRAs to manage business risks.
This course forms part of the 2025 ACSP CPD Programme.
Suitable for
Participants working in fund administration and corporate service administration with business risk assessment responsibilities as well as risk management professionals.
Online classroom
This course will be delivered via Teams.
ACSP Members
ACSP Members pay £50 per session.
For bulk bookings please email the PD team, who can arrange a discount. This applies to bookings of 5+ delegates onto a single course or for booking 5+ courses in one go.
Session content
Definition and Importance of Business Risk Assessments (BRA)
Regulatory Context
Key Components of Effective BRAs
Best Practices for Tailoring BRAs
Continuous Monitoring and Updating of BRAs
Integrating BRAs into Overall Risk Management and Governance Frameworks
Learning outcomes
Having attended this course, delegates will:
Explain the regulatory requirements for business risk assessments (BRA) from the IOMFSA.
Identify and apply key components and methodologies for effective BRAs
Tailor BRAs to specific business contexts and sector requirements
Integrate BRAs into overall risk management and governance frameworks
Implement continuous monitoring and updating of risk assessments
Tutor
Heather-Anne Hubbell
Heather-Anne Hubbell is a tax and risk specialist with an extensive legacy in financial services, strategic planning and governance who designs and delivers directors and company secretary training based on her experience as a director and company secretary and on working with global financial institutions and their directors’ responsibilities.
She has an LLB from Western Ontario and an LLM from Osgoode Hall Law School in Toronto.
Heather-Anne now provides risk, governance and strategic transformation services to a range of international clients, as well as running a number of businesses in the UK and Channel Islands.
Benefits of membership include: full members can submit a detailed firm listing for posting on our website, staff of full members can attend our regular lunchtime seminars free of charge, all members have priority booking for our BPP International Finance training courses.