Financial Services Risk and Regulation Unravelled Podcast

Episode 6: Vulnerable customers – In conversation with HSBC UK

Earlier this year, the FCA published its final guidance on the fair treatment of vulnerable customers. This is intended to drive a practical shift in firms' actions and behaviours towards these customers.

In this episode, Irina Velkova is joined by Maxine Pritchard, Head of Financial Inclusion and Vulnerability at HSBC UK, and Peter Lovegrove, Director at Grant Thornton UK LLP, for a conversation around how firms are expected to implement this guidance.

Episode 5: regulatory update — FCA moves on from COVID

The Financial Conduct Authority (FCA) is trying to move on from COVID-19 in the last few months of 2021. As we prepare for 2022,David Morrey, Partner, Head of Investment Management, Financial Services Group, Grant Thornton UK LLP, and Gavin Stewart, Director, Grant Thornton UK LLP discuss this month’s regulatory developments and look back at the summer. The packed episode includes the end of the furlough scheme, recent enforcement cases, the FCA's 'Transformation', and its consumer investment strategy. 

Episode 4: Regulatory update - FCA Business Plan 2021/22

The FCA published their Business Plan for 2021/22, setting an ambitious agenda for change. This year’s Business Plan can be viewed as an attempt to transition the Financial Conduct Authority (FCA) to become what is hoped to be a new regulator for the 2020s – more “innovative, assertive and adaptive.” David Morrey and Gavin Stewart delve deeper into the plan and priorities of the FCA and discuss whether we're looking at a new type of regulator.

On the podcast this week:

• David Morrey, Partner, Head of Investment Management, Financial Services Group, Grant Thornton

Episode 3: Investment Firm Prudential Regime

The UK Investment Firm Prudential Regime is a new, streamlined and simplified process for the prudential regulation of investment firms in the UK. 

We're joined by Colm Donnelly, Head of EMEA Prudential Reporting, Invesco to discuss the key aspects of the regime, how this will impact the way firms approach risk, and what is needed for implementation.

Episode 2: ESG - No way back

In the UK, the joint regulator and government task force on climate-related financial disclosures (TCFD) have published the roadmap towards mandatory climate-related disclosures. ESG and impact investing has taken a prominent place in all discussions lately.

We're joined by Edward Dixon, Head of ESG, Aviva Investors Real Assets and Paul Young, Head of Finance, Risk and Compliance to discuss the upturn in regulatory activity, what investors are facing and how to prepare for it.

Episode 1: Operational resilience

As firms have adapted to the circumstances of lockdown almost overnight, there's been an inevitable increase in operational risk. Regulators are looking to confirm companies are minimising the impact of disruption by adapting, responding and recovering, while protecting their customers. 

We're joined by our Andrew Rogan, UK Finance and Tim Armit, former Post Office to discuss the upcoming Financial Conduct Authority (FCA) statement on operational resilience.