The FCA and PRA's Phase 2 consultation on SM&CR proposes a series of reforms designed to streamline regulatory requirements, reduce administrative burdens and support UK competitiveness while maintaining accountability standards. The article examines the key proposals, the potential impact on firms, and the practical steps organisations should consider as the reforms progress.
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AI agent governance: benchmark where you stand, assign clear ownership and put controls in place. Practical first steps for boards and risk leaders.
Alex Grant explains how independent integrated assurance and the right expertise unlocks investment, public trust, and the right skills for major programmes.
The FCA's Operational Incident and Third-Party Reporting regime brings third-party failures into scope of formal reporting for the first time.
PRA's SS1/23 amendment brings stress-testing and ICAAP models under the same governance standard as capital models. Vivian Lagan explains what banks need to do to comply.
Your workforce adopted AI faster than your controls did. Kieran Baker explains the challenges with AI adoption, and what good looks like when governing it.
How independent assurance helped a real estate and asset management advisory firm build a scalable control framework, strengthen governance and support growth.
Without structured controls, AI risks accumulate quietly. Alex Hunt outlines how to build strong AI governance, oversight and monitoring.
What the IIA topical requirement covers, when it applies, and the practical steps internal audit functions need to take to meet the requirements.
Assurance mapping gives firms a consolidated view of control activities, helping boards meet Provision 29 requirements in the UK Corporate Governance Code.
A practical overview of the FCA’s 2026 wholesale markets priorities, highlighting key risks in financial crime, market abuse and conflicts of interest, and what firms should do to strengthen controls and governance.
Emma Young provides a summary on what organisations need to consider in 2026 to meet provision 29 requirements for the first year reporting.
Two recent ECB fines highlight risks in RWA misreporting and model governance failures. Learn what Basel 3.1 means for RWA accuracy, internal models, and board-level assurance.
Survey insights into internal ratings‑based (IRB) models, regulatory challenges and the role of AI under Basel 3.1.
Five reasons why system implementations fail with actionable recommendations that empower charities to navigate system implementation more effectively.
New autonomous AI tools are changing how risk enters organisations, often without visibility or approval. How can the people responsible for security and resilience tackle them.
