Your guide to this week in regulation
Stay up to date with our latest round up of financial regulation.
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.
Stay up to date with our latest round up of financial regulation.
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.
The FCA’s final UK SRS rules introduce new ISSB-aligned sustainability and climate disclosure requirements from 2027. Explore the key changes, scope, transitional reliefs and practical steps for implementation.