By: Alex Ellerton, Irina Velkova
15 Mar 2024 38 min listen
Volatile interest rates, AI, and technology, regulation, and macroeconomic uncertainties are just some of the challenges the banking and capital markets will continue to face this year. The sector will need to ensure they have the correct processes, governance, and agility to adapt effectively.
In our latest podcast, Head of Financial Services, Alex Ellerton is joined by Paul Garbutt, Partner, Head of Banking Advisory, and Ed Allen, Managing Director of BRS, to explore the key themes for the sector in 2024.
FCA updates on pure protection, vulnerability in payments, rising whistleblowing cases, AI-driven investment risks, and T+1 readiness challenges.
Cryptoassets are becoming a more common feature of customer activity, exposing firms to new financial crime risks through onboarding, source of wealth assessments, sanctions reviews and transaction monitoring. This article explores how organisations can identify those exposures, investigate crypto-related activity and assess whether existing controls remain appropriate.
The Government's consultation on corporate reporting reform signals a shift towards more proportionate, investor-focused and digitally enabled reporting. Claire Fargeot explores the implications for narrative reporting, financial materiality, digital disclosures and governance, and what organisations should be considering as the review progresses.