Back-up service facilitation: readiness cannot be assumed
ArticleBack-up servicing has moved from a documentation formality to a live risk management issue.
Basel 3.1, the interest-rate environment, regulation, and macroeconomic uncertainty are just some of the challenges the banking sector will continue to face this year. Banks need to ensure they have the correct processes, governance, and agility to adapt effectively.
In our latest podcast, our regular host Irina Velkova, is joined by Paul Garbutt, Partner, leader of our financial (prudential) regulatory practice, and Simon Hills, Director of Prudential Regulation at UK Finance, to explore the key themes for the sector in 2023.
Read our insight on the top banking trends and themes in 2023
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.