Mishcon Academy: Digital Sessions - Self-reporting to Regulators: from regulatory shortcomings to data breaches, and back again

Whether for data breaches, regulatory failings or other misconduct that your sector regulator may want to know about, the issue of self-reporting is fraught with difficult calls. In this session, we will discuss the issues you (and your business) need to consider about self-reporting to regulators. Our panellists will provide practical guidance on whether, when and how to self-report.

Topics will include:

• The different considerations in play about whether to self-report, and the difficult decisions to make in that respect.
• The requirements of different regulators.
• What to consider where subject to competing thresholds from different regulators about whether to self-report.
• What the regulators think of self-reporting, from defensive self-reporting to valuable self-reporting.
• The importance of robust internal procedures for self-reporting (allocation of responsibility, approvals and confidentiality).
• The question of individual accountability.