Back-up service facilitation: readiness cannot be assumed
ArticleBack-up servicing has moved from a documentation formality to a live risk management issue.
By: David Morrey
28 Jul 2022 44 min listen
The new inflation figures have come out and a 40-year record has been set, impacting the cost-of-living crisis once again. As customers are feeling more vulnerable, we're starting to see regulatory moves to relieve it.
In our latest regulatory update David Morrey discusses recent developments, including: the cost-of-living crisis, Regulatory Initiatives Grid, Buy Now Pay Later, and speeches covering technology innovation, sandboxes, and sprints – raising awareness on how firms can prepare for the changes ahead.
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Back-up servicing has moved from a documentation formality to a live risk management issue.
In this episode, David Morrey and Ben Farmer explore the latest regulatory developments shaping financial services. They discuss the FCA's decision to make its Handbook available via API and what this could mean for RegTech, compliance functions and AI-enabled regulatory monitoring.
Stay up to date with our latest round up of financial regulation.