Your guide to this week in regulation
TechnicalStay up to date with our latest round up of financial regulation.
By: Irina Velkova
27 Jun 2023 47 min listen
The next Consumer Duty deadline comes into force in July this year. Introducing new arrangements, enhancing existing governance, making fair value assessments, monitoring processes, and ensuring they can demonstrate compliance by the deadline has been an intensive and challenging journey for many firms.
In this episode, Irina Velkova welcomes Joseph Twigg, CEO at Aveni, and Simon Murphy, Sales and Marketing Director at Vizolution, to our Risk and Regulation Unravelled podcast to discuss the major role that regtech firms play in supporting implementation of the Duty, and the value of technical solutions.
Stay up to date with our latest round up of financial regulation.
PRA's SS1/23 amendment brings stress-testing and ICAAP models under the same governance standard as capital models. Vivian Lagan explains what banks need to do to comply.
Regulators are now overseeing the UK's most critical technology providers, but the suppliers most likely to stop an insurer paying claims sit outside that regime. We look at hidden concentration risks and how to mitigate them.