Regulation Watch is a resource aimed at providing our members with updates on the activity of the sector's regulators, highlighting areas of specific interest.
The FCA has released a new guide setting out the foundations for good cyber security. The guide aims to help firms, particularly smaller businesses, become more resilient to cyber attacks and to respond more appropriately to cyber incidents. More info can be found on cyber resilience the FCA's website.
The UK Cards Association has released a new guide to help finance providers identify and support customers in vulnerable situations: Vulnerability: a guide for lending.
Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA: The expanding scope of individual accountability for corporate misconduct.
Short speech by Mark Carney, Governor of the Bank of England, in which he states that, "the UK has instituted a unique Senior Managers Regime to embed cultures of risk awareness, openness and ethical behaviour. Based on its early successes, international authorities are now considering following the UK’s lead".
Jamie Symington, Director of Investigations at the FCA talks about the evolving approach to investigations at the regulator.
- understand retail banking business models in greater depth
- understand how free-if-in-credit banking is paid for
- understand the impact of changes such as increased use of digital channels and reduced branch usage on business models