FERMA Newsletter N°77



Newsletter #77

June 2017




A stellar line up of KEYNOTE SPEAKERS

to put the risk manager in pole position

  • Swedish's former Prime Minister and Foreign Minister, Carl Bildt
  • NATO Deputy Assistant Secretary General for Emerging Security Challenges, Jamie Shea
  • Formula One's Mark Gallagher










Registration is now open for the high level event organised by FERMA at the European Parliament on 29 June for the publication of "At the Junction of Corporate Governance and Cybersecurity".  This report, developed jointly with the European Confederation of Institutes of Internal Auditing (ECIIA), contains proposals for a new European model of cyber risk governance. 



For more details and registration


Hosted by Lithuanian MEP Antanas Guoga, the conference will include speakers from the World Economic Forum, the Malta EU Presidency,the European Commission and, of course, risk and audit practitioners from European businesses. It is open to all interested risk professionals.  





President's Column

By the time you read this newsletter, the UK may already have its new government. Whichever party wins, it must continue the process of negotiating Britain's exit from the European Union, widely known as Brexit.


The deadline for Britain's departure is March 2019. Between now and then will be a period of continuing uncertainty for all continental European companies who do business with the UK, or those from other parts of the world who use the UK as a gateway into the rest of the EU. 




Closing date for European Risk Management Awards 

draws near

The deadline for entries into this year's European Risk Management Awards, hosted by FERMA and Commercial Risk Europe, is fast approaching. Nominations, which must come from FERMA member associations, are due by 28 July




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FERMA Website



Letter from Brussels

Europe in transition


Two months ago, we said that the EU was at a political, economic, social and emotional turning point. We saw converging trends for less Europe. Events since then, paradoxically, have helped Europeans to rediscover themselves and could be the trigger to revive the European project and economy. 



Read more on our website




FERMA meeting with MEP rapporteur on latest ELD report


The latest report on the Environmental Liability Directive (ELD) will be considered during a session of the Legal Affairs Committee on 19/20 June with a vote scheduled early September. FERMA will suggest possible amendments to the current text to refocus on the initial purpose of the ELD -i.e. to prevent and reduce the number of environmental damages.




Jo Willaert elected President of IFRIMA 


Jo Willaert, the President of FERMA, has been elected President of the International Federation of Risk Management Associations (IFRIMA) for a term of two years.  During his presidency, Jo plans to focus on strengthening dialogue and cooperation among risk management associations worldwide to increase coherence in the work of risk management around the world.  



Expert View 

Brexit trade deal to serve insurance buyers


By Dave Matcham, CEO, International Underwriting Association

Ever since the UK voted last June to leave the European Union, both the UK Government and EU negotiators have expressed a desire to sign an ambitious free trade agreement that minimises tariffs and regulatory barriers to cross-border business, including for insurance and reinsurance.  





FERMA a.i.s.b.l.




© Copyright 2016 FERMA. All Rights Reserved. No distribution or reproduction of this issue or any portion thereof is allowed without our written permission except by the recipient for internal use only within the recipient's own organisation.


This Newsletter is produced by FERMA. If you have any questions concerning this Newsletter, please contact Typhaine Beaupérin at FERMA on +32 2 761 94 31 - email: typhaine.beauperin@ferma.eu  


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