Five questions every credit committee should ask about its NPL book
ArticleMost NPL books are written off before their value is exhausted. Prashan Patel identifies five questions credit committees should ask.
By: Alex Ellerton, Irina Velkova
31 Mar 2022 26 min listen
What are the hot topics for the financial services industry in 2022? COVID-19 has dictated the narrative for the last two years, but as we transition into a post pandemic world this year promises a lot of focus on risk and regulatory matters, much of it driven by regulators.
In this episode, Irina Velkova is joined by Sandy Kumar, Head of Financial Services and Business Risk Services, Grant Thornton UK LLP, and Alex Ellerton, Partner, Grant Thornton UK LLP to explore key themes for firms this year: including ESG, cyber, data, consumer duty, inclusion and diversity as well as the impact of current global economic challenges on the Financial Services industry.
Most NPL books are written off before their value is exhausted. Prashan Patel identifies five questions credit committees should ask.
Practical guidance on maximising the value of regulatory engagement – from FCA authorisation to routine SM&CR notifications and beyond.
The FCA has launched a market study into the claims management sector, putting firms’ conduct, pricing and funding models under the spotlight.