With an end almost in sight, the Brexit negotiations have been a time of political and economic uncertainty; only the political satirists and commentators have been a constant with their analysis of & debates on the daily posturing by politicians on both sides. And the uncertainty looks to continue as the UK heads into unchartered waters of the unknown long term macroeconomic effects of a disorderly Brexit.
On 14 February 2019, the regulator clarified its expectations and cited 6 key areas that must be considered in order to be prepared for Brexit; but to ensure compliance with regulatory standards, these areas should, however, be business as usual. Internal audit should ensure that we have appropriate resilience and contingency plans in place, robust supply chains, adequate stress testing and mitigation plans, together with sufficient liquidity to survive the unknown strategic and operational impacts. Yet many providers still feel none the wiser about how to actually prepare for the final outcome.
So how do we plan and prepare for the uncertain road ahead?
How do we play ‘Deal or No Deal’? is the first in HIAF’s series of webinars which are designed to give you industry updates more conveniently and easily from the comfort of your office chair. During this webinar, you will hear how Places for People, Home Group and County Durham Housing Group are preparing their organisations by undertaking strategic risk assessments, human resource evaluations and ‘what if’ analysis to ensure potential risk exposures are identified and proportionate mitigation measures are agreed.