Resilience and innovation: PRA's finalised policy on outsourcing and third-party risk management
- The PRA has finalised its policy on outsourcing and third-party risk management to facilitate innovation and greater resilience...
At a glance
The finalisation of the UK supervisory approach to operational resilience re-confirms the regulators’ bold agenda and underlines the...
The Financial Conduct Authority (FCA) published the long-awaited feedback statement on its Open Finance call for input last Friday. If I...
At a glance
On 26 February 2021, the FCA published findings from its MiFID II product governance review. The review looked at product governance in a...
The COVID-19 pandemic has widened the global wealth gap; and the UK is not exempt. The nation entered the crisis with a chronic savings...
Intended audience
Unintended biases in machine learning (ML) models have the potential to introduce undue discrimination and exacerbate social...
For any emerging technology solution, such as Quantum Computing, there is often a confusing mixture of hype and hyperbole associated with...
Financial inclusion means making financial products and services available to everyone who needs them, at the time when they need them....
The transition from LIBOR to Risk Free Rates (“RFRs”) has, for the most part, entered its critical year. Regulators have set clear...
This blog looks at the year-end 2020 loss reserving trends and outlook for UK banks.
We have analysed the aggregate position of the...
Introduction
LIBOR transition in 2020 proved to be a top priority for financial markets across the globe. Significant progress was made in...
With the publication of the National Risk Assessment of Money Laundering and Terrorist Financing, regulatory scrutiny of wealth managers...
FinTech is the future of financial services. To secure its growth and the UK's position as a global FinTech leader, the Kalifa Review...
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