Back-up service facilitation: readiness cannot be assumed
ArticleBack-up servicing has moved from a documentation formality to a live risk management issue.
09 Nov 2022 53 min listen
The relatively dramatic developments in financial markets that the UK is enduring are impacting many areas of life. The insurance sector has been affected by it too, although it's demonstrating a remarkable robustness, given the global turmoil in the last couple of years.
In this episode, Irina Velkova, is joined by Paul Cooper, Group Chief Financial Officer at Hiscox, Charlotte Clark, Director of Regulation at the Association of British Insurers, and Rob Benson, Partner at Grant Thornton UK LLP, to discuss resilience in the insurance sector, and how to overcome its current challenges.
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.