With an ever-growing emphasis on ESG, financial institutions are having to adjust risk management practices and frameworks accordingly to ensure that environmental, social and governance factors are fully integrated into enterprise risk management and business decision making. Institutions that do this well will see new opportunities and create competitive advantages in the ever-evolving landscape. The Model Risk Management Summit will bring together leading financial risk experts to discuss how risk assessment tools and practices need to be transformed to support business decision making processes. Attendees will: Learn about CP6/22 regulations directly from the PRA with the opportunity to ask important follow up questions Gain a perspective on how HSBC, Barclays, Metro Bank and Hampshire Trust Bank are tackling CP6/22 and its inevitable impact on MRM Explore the different methodologies of quantifying model risk use at Close Brothers, and determine how to successfully implement these practices Discover the best practices in Governance and internal structuring of Model Risk departments from Morgan Stanley Meet Model Risk Professionals from the leading financial institutions across Europe and freely share ideas and solutions under Chatham House Rules. Listen to the Bank of England, London Stock Exchange Group, Intesa Sanpaolo and Natwest to hear how they are working with AI and ML to deliver the next generation of Model Risk technology.

Read on modelriskmanagementeu.com

With financial and regulatory stakeholders pressuring healthcare organizations to reduce their carbon footprint, the supply chain is a critical area for transformation, as it accounts for over 70% of the healthcare industry's carbon footprint. 

In this webinar, our panel of experts will share  how health systems, suppliers and GPOs are working together to build an environmentally sustainable supply chain. They will also discuss strategies to improve overall resiliency of the supply chain, such as efforts to improve transparency of information collected, forming social responsibility initiatives and diversification methods.  

Main takeaways from the webinar will be:

• Specific environmental initiatives from Atrium Health to reduce risk and improve resiliency of the supply chain
• Recent efforts by suppliers and GPOs to support the environmental and social responsibility goals of health systems
• Approaches to improve transparency among suppliers, GPOs and health systems of products and materials

Read on modernhealthcare.com

Environmental health decision-makers and public health, environmental and other professionals with a role in assessing and managing human health risks associated with chemical exposures. Participants of the webinar will learn about the important role of human health risk assessment in informing environmental health decision-making including regulatory action, responses to chemical incidents and management of poisonings.

Participants will be introduced to the recently revised and published WHO human health risk assessment toolkit: chemical hazards which provides users with the guidance to identify, acquire and use the information needed to assess chemical hazards, exposures and the corresponding health risks in their given health risk assessment contexts at local and/or national levels. Participants will hear about experiences from developing countries to undertake human health risk assessment in low resource settings and the usefulness of the WHO human health risk assessment toolkit: chemical hazards.

Participants will be introduced to the WHO Chemical Risk Assessment Network Community of Trainers (CoT) which provides a forum to trainers and those who would like to become trainers to share experiences in the teaching and training on human health risk assessment.
 

Read on who.int

The hard work of population health management involves leveraging robust data analytics. Find out what’s working in this crucial area, and what the most advanced patient care organizations have learned about successful population health risk management strategies.

Organizations of all industries and sizes are continuously subjected to relentless attacks targeting valuable and vulnerable infrastructures. For years, your Healthcare organization has been focused on helping and protecting those in your community. Unfortunately, with the rise in COVID, there’s been a rapid increase in healthcare-related attacks – from inbound, internal, supply chain attacks, and beyond – how can you combat these threats effectively?

This session will review Grant Risk Management. As we all know, the past year and a half has been all about preventing illness and managing health risks. The famous saying, “An ounce of prevention is worth a pound of cure” has never been more relevant. As project directors and financial management leaders, you know that this wisdom extends to the health of your grant. During this session, experts on grants risk management and internal controls will share key tips to help you ensure a “healthy” grant program. You will also learn about HRSA’s own responsibilities to ensure the health of its grant programs

This comprehensive 3-day course for medical device manufacturers presents risk management concepts used throughout the quality system that can help your organization meet FDA, ANSI/AAMI/ISO 14971, and ANSI/AAMI/ISO 13485:2016 requirements for risk management. This course covers the use of risk management principles throughout the life cycle of the product, from design…to manufacturing…through post-production to retirement. 

Join the American Society for Health Care Risk Management in celebrating HRM Week, June 21-25, 2021. This annual event, held in the third week of June, is the time to show your appreciation for health care risk management professionals in your organization and your community. 

The theme this year “Prepared for the Present, Planning for the Future” celebrates all the hard work of risk management professionals over the last year, all while laying the foundation for what’s to come.

Read on ashrm.org

This training aims to deepen the audience’s understanding of common user interface (UI) design errors in modern medical devices and their impact on device safety. It will also introduce the audience to the fundamentals of model-based risk analysis and design to systematically identify, mitigate, and prevent UI software design errors. From this class, the audience is expected to acquire the necessary knowledge and establish the critical thinking for UI design safety and quality that complies with related international standards and FDA guidance.

SCCE & HCCA have partnered with the Committee of Sponsoring Organizations of the Treadway Commission (COSO) to create guidance on the application of the COSO’s Enterprise Risk Management (ERM) framework to the management of compliance risk. Published in November 2020, Compliance Risk Management: Applying the COSO ERM Framework, is based on current practices and expectations for effective compliance and ethics programs.

The guidance identifies 120 characteristics of effective compliance and ethics programs, with each characteristic mapped to the five components and 20 underlying principles of ERM.

We have developed a one-day virtual conference to assist in understanding and applying the guidance found in the publication. Sessions will be led by the publication authors, who are leaders in the compliance and ethics profession.