Latest FSRR posts Join us on LinkedIn PwC UK YouTube channel Subscribe to our RSS feed Join us on Facebook Follow PwC on Twitter

Our blog explores the latest issues in financial services risk and regulation.

22 May 2020

IFRS 17: Agile implementing and Moody’s Analytics RiskIntegrity™ for IFRS 17 solution go hand in hand

In our new blog, Marco Fillion and Richard Hart discusses whether following an agile methodology will result in a better outcome when deploying any IFRS 17-related project.

05 May 2020

COVID-19: Act in haste, absolutely - but don’t repent at leisure!

COVID-19 has driven a rapid industry response, but we must consider the consequences of rapid change.

Managing fund liquidity - does COVID-19 change things?

We’ve seen a sharp drop in global financial markets in recent weeks, asset managers need to revisit their approaches to managing fund liquidity.

20 April 2020

COVID-19 - As regulators flex, so must firms

COVID-19 has created challenging market conditions for insurers to navigate, read what regulators have done to allow insurers to focus on business continuity.

COVID-19: Time to tackle new money laundering and fraud challenges?

Many of us are still getting used to self-isolating and social distancing. But unfortunately the money launderers and fraudsters appear to be exploiting this.

16 April 2020

IFRS 9 for insurers: Five considerations that remain important despite the deferral to 2023

The IASB recently decided to extend the temporary exemption from IFRS 9 until 2021, but what does this now mean for your IFRS 9 programme?

Living with Lockdown - COVID-19 and client assets (CASS)

With the challenges faced by us all in relation to responding to COVID-19, what should firms be considering when it comes to protecting clients' assets?

15 April 2020

How asset managers can survive today without forgetting tomorrow

We’re helping people to manage current challenges, supporting firms resilience plans, people needs and to continue to deliver ‘business as usual’ to the extent that it is possible.

31 March 2020

IFRS 17: Are you there yet?

In our Global ‘IFRS 17: Are you there yet?’ Webcast this week, I was joined by Gail Tucker, Alwin Swales and Rika Suzuki from the IASB to discuss how insurers are getting ready to implement IFRS 17. It was a fascinating, interactive conversation that I recommend you listen back to.

Key COVID-19 considerations for your IFRS 17 programme

March is proving an eventful month for business and society. On the one hand, the IASB Board has delayed the effective date of IFRS 17 by one year, providing more time to implement the standard. On the other hand, this is amidst the global challenge of COVID-19 which has been declared a pandemic by the World Health Organization. 

26 March 2020

Regulators publish guidance on the identification of key financial workers and critical outsource partners

The BoE and FCA have published guidance for firms to help them identify key financial workers. Conor MacManus discusses what this means and what firms should do.

Coronavirus: Juggling legal and conduct risks in general insurance

On 19 March 2020 the FCA set out its expectations for insurers on how they should respond to some of the challenges caused by this coronavirus (COVID-19) pandemic.

COVID-19: BoE and PRA aim to alleviate operational burdens to allow focus on what’s important

To allow firms and regulators to better concentrate on managing the impact of COVID-19, the Bank of England (BoE) and the Prudential Regulation Authority (PRA) are halting or reviewing a range of supervisory and prudential-related activities.

18 March 2020

IFRS 17: What you missed from Oracle OpenWorld

Last month’s EMEA Oracle OpenWorld was a great opportunity to explore how technology can solve the key challenges facing business today. As part of our role as sponsor, we co-hosted a client roundtable with Oracle on IFRS 17. We wanted to showcase how, when technology is approached with the right mindset, the solutions can go beyond simply meeting regulatory compliance to delivering finance transformation.

10 March 2020

European banks should note global disruption trends

There are plenty of signals coming from the global banking sector that should give European banks pause for thought over their future.

02 March 2020

What do impact tolerances and narwhals have in common?

Effective operational resilience is compared to a sea creature; this may seem an incredulous link...but hear me out.

28 February 2020

Later life mortgages: Will people really still be working at 90?

Mortgage terms are increasing and lasting later into a customer’s life. But are lenders doing all they should to fully assess the new and exacerbated risks that these new lending trends create, such as plausibility of income?

20 February 2020

Sustainable Investment Taxonomy - the end of the beginning?

Political agreement on the taxonomy is a vital first step in providing a framework to support firms in integrating sustainability considerations into the investment process and wider approaches across their business.

11 February 2020

IFRS 17 Global Roundup: February 2020

Emerging threats. The need to upskill. Growth challenges. These are all reasons why your IFRS 17 programme should deliver more than a new set of financial accounts. Alex Bertolotti discusses this in more detail.

06 February 2020

Time to capitalise on the changing face of financial ‘advice’

In this blog, Andrew Strange discusses the complexities for financial service companies on providing advice to clients and customers.