Regulation is an ever more important part of today’s financial businesses. Regulators in the UK and overseas provide the framework within which our businesses operate and pay particular interest to risk, whether that be insurance risk, credit risk, or operational risk. The FSA, for instance, now require insurers to produce Individual Capital Assessments for a one-in-200-year value at risk across all areas of risk in their business.

It is in the interests of the business and we hope of the regulators to have objective informed dialogue on risk-related matters and, to that end, the Lighthill Risk Network welcomes regulators as partners. Partners will have access to the LRN team and also to the open discussion boards and topics database.