20 January 2021
Cryptoassets and financial crime - Keeping up with the criminals
We look at the evolving picture for cryptoassets and financial crime.
Financial Services Regulatory Insights
Exploring the latest risk and regulation issues in financial services.
All articles
19 January 2021
2025 - The Future of Market Abuse Surveillance - The Surveillance Control Tower: Better insight through behavioural analytics
To detect market abuse it’s necessary to monitor behaviour and how it manifests through trading. Identifying connected events and patterns that are formed over time is a way of understanding this behaviour.
15 January 2021
Private Equity & SFDR: a new frontier for the industry?
We look at the challenges that private equity firms are grappling with in implementing the Sustainable Financial Disclosure Regulation.
11 January 2021
2025 - The Future of Market Abuse Surveillance - Delivering cost-effective, outcomes-based Comms surveillance
Comms surveillance can be the most resource-intensive element of a surveillance programme often generating alerts in the hundreds of thousands annually. The industry remains on a continuous search for a more effective solution.
16 December 2020
IFRS 17: Year In Review
Alex Bertolotti explores the need of IFRS 17 delivery remaining constant despite 2020 world events such as COVID-19 and their impacts on the insurance industry.
15 December 2020
A longer advent: FCA extends its festive IFR data collection
What can investment firms learn from the FCA’s data collection request on the Investment Firms Prudential Regime?
11 December 2020
2025 - The Future of Market Abuse Surveillance - Delivering on conduct surveillance
Where surveillance should sit across the lines of defence has never been definitively resolved. We explore four emergent trends that could shape future debate.
10 December 2020
Preparing for regulation: What next for pre-paid funeral plans?
FCA powers to set rules and guidance in the pre-paid funeral plan sector moves a step closer.
10 December 2020
Wealth managers: A blast from the past complicated by the future
"We discuss three key takeaways from the FCA’s evaluation of the Retail Distribution Review (RDR) and Financial Advice Market Review (FAMR)
09 December 2020
The Markets in Crypto-Assets Regulation: Paving the way for change
Change is coming with the EU’s proposed Markets in Crypto-Assets Regulation (MiCA) set to create a harmonised regulatory framework for crypto-assets and related services.
07 December 2020
2025 - The Future of Market Abuse Surveillance - Setting up the governance and operating model for success
Where surveillance should sit across the lines of defence has never been definitively resolved. We explore four emergent trends that could shape future debate.
18 November 2020
Big changes for BigTech? Financial regulators sharpen their focus
Until now the general position of regulators has been ‘same risk, same regulation’ Conor MacManus explores this state of affairs in his latest blog and questions if potential change is coming.
17 November 2020
A respite, not a break - timeline revised for investment firm prudential rules
The regulators have delayed the implementation date for the UK version of the investment firm prudential rules – we look at what this means for firms.
09 November 2020
Who is responsible for treating vulnerable customers fairly?
How do firms implement the right governance and accountability framework for treating vulnerable customers fairly?
04 November 2020
A new blueprint for financial regulation
HM Treasury has set out its blueprint for the UK’s post-Brexit regulatory framework in a consultation paper. In this blog, we look at what the proposals mean for financial services firms.
25 September 2020
How financial services can navigate through a real time stress test
Sam Austin shares insights of current uncertainties facing challenger banks and building societies through their financial planning and stress testing processes.
26 August 2020
Basel Committee serves up a healthy dose of operational risk management
A Basel Committee consultation paper signals the need for a more direct approach to helping firms to manage their operational risks in a robust manner.
26 August 2020
Hollywood blockbuster or rotten tomato: does the Basel Committee paper on operational resilience deliver?
The Basel Committee has published its long-awaited consultation paper on ‘Principles for Operational Resilience’. What does it say?
06 August 2020
Why social is no longer the forgotten part of ESG
As companies have increased their focus on ESG issues over the past few years, they have tended to concentrate on the E and the G - with the S being rather left behind.
23 July 2020
Managing fund liquidity through product governance
Firms may face scrutiny on how effectively they are managing liquidity risk through their wider approach to product design and distribution.
16 July 2020
Liability and AI: how to overcome the risks in financial services
Who is to blame when your Artificial Intelligence (AI) system goes wrong? You thought you did everything right when setting it up. You established robust systems and controls, and set out who was accountable for its oversight. But now the regulators are knocking at the door and clients are demanding compensation.
13 July 2020
How COVID-19 could change operational resilience policy
The current coronavirus (COVID-19) pandemic has brought the topic of operational resilience to the fore yet again - providing valuable lessons for both firms and supervisory authorities.
08 July 2020
Does finance transformation deliver benefits that IFRS 17 programmes are struggling to?
In March 2020, we carried out a comprehensive survey of our IFRS 17 projects across the globe. Many UK clients questioned whether combining their IFRS 17 project and finance transformation could deliver the business benefits that MVP IFRS 17 projects lack.
06 July 2020
Is IFRS 17 stable at last?
On 25 June 2020, the International Accounting Standards Board (IASB) issued amendments to IFRS 17 ‘insurance contracts’. The standard comes into effect for annual periods from 1 January 2023, with earlier application permitted.
02 July 2020
A live SMR test: lessons in governance from COVID-19
Lessons in governance from COVID-19 and how to think about the post-pandemic environment.
