Organisational assessment meaning

Purpose of this Checklist This checklist supports Solvency II UK firms in aligning governance, systems and controls with the expectations of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). It should be read alongside Practice Note: Governance, systems and controls requirements for insurers, which provides a more detailed overview of the relevant requirements. Governance and organisational structure Confirm the board holds ultimate accountability for compliance with PRA, FCA and applicable legislative obligations. Establish a robust system of governance, featuring a transparent organisational structure with clearly allocated and segregated responsibilities. Regularly review and update written policies covering risk management, internal control, internal audit and, where relevant, outsourcing. Maintain documented governing body approvals for significant decisions and policy changes. Risk management Implement and embed an effective risk‑management system within decision‑making, ensuring ongoing identification, measurement, monitoring, management and reporting of risks. Incorporate comprehensive strategies, stress testing, scenario analysis and development of the own risk and...

STOP PRESS: On 24 March 2025, the government released a comprehensively revised and updated version of its statutory guidance on the transparency in supply chains provisions in section 54 of the Modern Slavery Act 2015. This document is being reviewed in light of the new guidance. Section 54 of the Modern Slavery Act 2015 (MSA 2015) requires any commercial organisation operating in the UK with an annual turnover over £36m to publish a yearly transparency statement explaining the actions taken during the financial year to prevent slavery and human trafficking within its supply chains and across its business. The statement may cover: Organisational structure Policies Due diligence Risk assessment and management Training Effectiveness in keeping the supply chain free from modern slavery and human trafficking Our Flowchart: Does section 54 of the Modern Slavery Act 2015 apply to my business? can help you determine whether MSA 2015, s 54 applies to your organisation. This Checklist is designed...

In this issue: Air emissions and climate change Energy efficiency and buildings Energy for environmental lawyers Environmental permits and consents ESG and sustainability Hazardous substances and chemicals Health and safety Key developments and materials Nature, biodiversity and habitat Water, flooding and drainage LexTalk®Environment: a Lexis®Nexis community Daily and weekly news alerts New and updated content Trackers Useful information Air emissions and climate change EA publishes update on goal to reach net zero The Environment Agency (EA) has issued a report setting a refreshed objective to achieve organisational net zero between 2045 and 2050. Reflecting the revised SBTi definition of net zero, the EA intends to rely less on offsetting than originally envisaged, and will confine any offsets to UK nature-based solutions, which means it will not meet its previous 2030 net zero ambition. Consequently, the EA has raised its emissions reduction target to 90% across 2045 to 2050...

Data security sits at the heart of the EU General Data Protection Regulation (EU GDPR). The sixth data protection principle—integrity and confidentiality—requires you to adopt suitable technical and organisational measures so that personal data is processed with appropriate security, including: protection against unauthorised or unlawful processing accidental loss, destruction, or damage This Practice Note reflects Data Protection Commission (DPC) guidance on personal data breaches under the EU GDPR, and also draws on guidance from the European Data Protection Board (EDPB). Data security requirements Article 32 puts practical detail behind the GDPR’s integrity and confidentiality principle. You must implement appropriate technical and organisational measures to achieve a level of security proportionate to the risk, taking into account: the nature, scope, context, and purpose of processing the risk of varying likelihood and severity for the rights and freedoms of data subjects Where appropriate, your security measures should include: the pseudonymisation and encryption of...

Data security sits at the heart of the UK General Data Protection Regulation (UK GDPR). The sixth data protection principle — integrity and confidentiality — obliges you to implement suitable technical and organisational steps so that personal data is handled with appropriate safeguards and security when processed, including: protection against unauthorised or unlawful processing accidental loss, destruction or damage This Practice Note draws on ICO guidance regarding personal data breaches under the UK GDPR. It also incorporates further practical pointers and information drawn from ICO guidance on managing data security breaches issued under the previous data protection regime; that guidance has now been withdrawn. The Practice Note additionally aligns with materials from the European Data Protection Board (EDPB). According to the ICO, although the UK has left the EU, these guidelines continue to be relevant. Data security requirements Article 32 expands upon the GDPR’s integrity and confidentiality principle by setting out further detail...

This Practice Note considers the requirements and guidance on risk control (the risk control rules) relevant to firms, drawn from the Senior Management Arrangements, Systems and Controls sourcebook in the Financial Conduct Authority (FCA) Handbook (SYSC) and the Prudential Regulation Authority (PRA) Rulebook, and includes measures that will replace Commission Delegated Assimilated Regulation (EU) 2017/565 (the UK MiFID II Organisational Regulation) upon its revocation on 23 October 2025. Risk control rules applying to UK financial services firms The risk control rules applicable to firms are contained in: the overarching obligation to maintain effective risk control processes in SYSC 4.1.1R SYSC 7 Risk control SYSC 21 Risk control: guidance on governance arrangements Dual-regulated firms should also be mindful of parallel provisions in the following sections of the PRA Rulebook: Risk Control (which applies to CRR firms, as defined in the PRA Rulebook Glossary) Group Risk Systems (which applies to CRR firms) Credit Unions—11 General organisational requirements...

1 Background information Assessment covering [ specify if the assessment applies to the entire organisation or a particular department ] Assessor [ insert name ] Assessment date [ insert date ] 2 Which personal data do you obtain and/or keep? Reflect on the personal data you receive and/or store, and identify any inherent risks. 2.1 Review Category of personal data Type of data How is it acquired? How is it stored?...

Please select to access an Excel version of this plan. 1 Introduction 1.1 This health and safety plan sets out our arrangements and measures for controlling and managing the risks highlighted in our health and safety risk assessment, together with the key matters to be addressed. 2 Overview of the planning process 2.1 The principal personnel responsible for preparing and delivering the plan are as follows: Name — Role [ Insert name ] — [ Insert role ] [ Insert name ] — [ Insert role ] [ Insert name ] — [ Insert role ] 3 Responsibility 3.1 Overall responsibility for this assessment lies with [ insert name ]. 3.2 Delegated responsibilities for specific health and safety issues are recorded within this plan. 3.3 [ Insert name(s) ] conduct[ s ] a [ monthly OR quarterly ] review of this plan to ensure it remains effective. Records of the reviews are maintained [...

1 Management and organisational information security ICO expectation and current status Further details: LexisNexis® Precedents Your business identifies, evaluates and controls information security risks Not yet implemented or planned Partially implemented or planned Successfully implemented Not applicable Before deciding the right level of protection for your organisation, audit the personal data you hold and gauge the threats to it. Review every stage of handling: collection, storage, use, sharing and disposal. Weigh the sensitivity or confidentiality of the data and the potential harm or distress to people, alongside any reputational impact on your business, if a breach occurred. With this understanding, select security controls proportionate to your needs. Embedding data protection by design also means undertaking a data protection impact assessment (DPIA) in defined scenarios to evaluate privacy risks. You must complete a DPIA prior to initiating any processing that is ‘likely to result in a high risk’...