15 posts categorised "Asset Management market study"
12 December 2019 Assessment of value - time to be brave The Financial Conduct Authority’s (FCA) new assessment of value rules require asset management firms to conduct a root and branch review of their UK funds, and then report their findings to investors. With the first reporting deadline fast approaching in January 2020, now is the time for firms to be brave and stand behind their offering to investors?
23 October 2019 Facing disruption: The evolution of the risk function in the asset management industry The asset management industry is going through a period of unprecedented change. Across the sector, competition, client demands and changing regulatory expectations are putting asset managers’ margins under severe pressure, forcing firms to review their strategy and related business model. As the industry strives to adapt and searches for new opportunities, we believe few firms have fully considered how their risk function will need to adapt to best support the business in achieving its strategic objectives.
09 October 2019 ALM in a world of falling interest rates Interest rates have been falling worldwide since November 2018, due to concerns about the global economy and trade (as illustrated in Figure 1). A low rate environment presents challenges to both banks and insurers, with a different impact on each industry.
20 May 2019 Will the medicine cure the infection? The days of LIBOR and similar benchmark interest rates are numbered. This is causing an ‘accounting infection’, the most immediate impact of which is on hedge accounting. Earlier this month, the IASB issued a proposed ‘cure’ for IFRS accounting ills in the form of an Interest Rate Benchmark Reform Exposure Draft (‘ED’).
24 July 2018 Vulnerable customers: why resilience still matters Back in November last year, the FCA proposed a new approach to vulnerable customers. In its Approach to Consumers consultation document, it introduced the concept of ‘low resilience’ (low capacity to absorb financial shocks) and consulted on a new definition of vulnerable customers based on the concepts of resilience and capability rather than specifically customer circumstances.
20 July 2018 No model, no model risk By Yousef Ghazi-Tabatabai As large banks extend model governance to cover a wider range of business areas, counterintuitive & counterproductive incentives can be created. The...
05 July 2018 IRRBB: 5 Top Challenges for large European banks By Yousef Ghazi-Tabatabai While managing interest rate risk in the banking book (IRRBB) is not new to banks, the rigour required by the recent Basel...
20 December 2017 When one SM&CR delay can lead to another By Grant Lee The Financial Conduct Authority (FCA) and Prudential Regulation Authority’s (PRA) long-awaited technical consultations, to put more flesh on the bones of July’s...
15 November 2017 The FCA’s competition agenda and the risks of regulatory read-across By Andrew Strange The Financial Conduct Authority’s (FCA) competition agenda continues to take firms by surprise. Firms are having to adjust both their expectations and...
10 August 2017 Joining the dots in asset management: SMR and the market study The Financial Conduct Authority’s (FCA) Asset Management Market Study and the extension of the Senior Managers Regime (SMR) to all FCA regulated firms - while both topics are separately initiated, increasingly the interlinkages make considering either in isolation challenging for firms.
10 March 2017 Asset Management Market Study: broader challenges facing UK Asset Management firms By Mark Pugh and Andrew Strange The Financial Conduct Authority's (FCA) Asset Management market study interim report has been of particular concern to asset management...
21 February 2017 Asset Management Market Study: Regulatory impact of the FCA interim report By Amanda Rowland and Andrew Strange The Financial Conduct Authority's (FCA) Asset Management market study interim report has been of particular concern to asset management...
01 February 2017 FCA Asset Management Market Study: Governance to drive value? By Amanda Rowland and Caroline Berryman While we believe that asset managers act as a ‘good agent’, mitigating conflicts of interests and contributing to better...
18 January 2017 Asset Management Market Study: Active or passive? Or just transparent and appropriately priced? By Amanda Rowland and John Newsome The Financial Conduct Authority’s (FCA) focus on performance in active asset management is nothing new. But last month’s asset...
- Andrew Gray
- Ann-Marie Stone
- Asset Management market study
- Be fearless
- Brian Polk
- Conduct and culture
- Conor MacManus
- Daniel de Búrca
- Financial crime
- Financial Participation
- Grant Lee
- IFRS 17
- MiFID II
- Operational Resilience
- Risk strategy
- Sarah Isted
- Senior Managers & Certification Regime (SM&CR)
- Senior managers regime
- Simon Chard
- Solvency II