financial services

Cyber risk is the leading systemic risk for the financial sector, according to the most recent report by the Bank of England. And while only 38 per cent said a high-impact event was… More

The 'Summer 2023' edition of the Enterprise Risk magazine is available to read here. Download Link More

The collapse of Silicon Valley Bank (SVB) and Signature Bank in the US have led to a review of the current regulatory regime by the country’s financial watchdogs. While they say that… More

Fraud risk is increasing as the cost-of-living crisis bites globally. It is a trend that has risen since millions of workers were sent home to work in 2020 as the pandemic spread.… More

Compliance fines and regulatory lapses continued to bite financial services firms hard in 2022.   The Financial Conduct Authority (FCA), the industry watchdog, posted over £215 million worth of fines on its website for… More

The deadline for operational resilience measures mandated by the UK financial regulator the FCA is imminent. From the end of March financial services firms must demonstrate they have a grip on operational… More

While the COVID-19 pandemic has given the world economy and unprecedented shock, Europe’s banks have weathered the initial impact relatively well, according to a report by the sector watchdog the European Banking… More

With access to free cash disappearing from some highstreets, the UK regulator the Financial Conduct Authority (FCA) has issued fresh guidance to banks and financial institutions on the provision of ready money.… More

Banks must do better on their management of critical ICT risks, according to a comprehensive survey by the European Central Bank. The results are likely to be replicated in other organisations as… More