Podcasts about prudential regulation authority

Securities body considers rollback of DEI and ESG goalsInternational Securities Services Association debates changes as political climate shifts under Trump 2.0.In the UK, both the Financial Conduct Authority and the Prudential Regulation Authority have scrapped mandatory DEI rules in the financial sector, citing costs and the additional regulatory burden.F.T.C. Investigates Ad Groups and Watchdogs, Alleging Boycott CollusionThe Federal Trade Commission is investigating whether roughly a dozen prominent advertising and advocacy groups violated antitrust law by coordinating boycotts among advertisers that did not want their brands to appear alongside hateful online contentClimate Startups Are Pausing Operations, Cutting Staff and Entering Bankruptcy as Trump Policies BiteEnergy Department announced $3.7 billion worth of funding cuts for clean-energy and climate projects on Friday—in latest blow to green sectorAllianzGI Says First ESG Defense Allocations Likely This YearAllianz Global Investors expects some of its ESG funds to start adding defense holdings in the coming months, as the money manager updates prospectuses to match the political mood in Europe.EU to propose more flexible climate goal in JulyThe European Commission will propose a new EU climate target in July that includes flexibilities for how countries meet it, as Brussels attempts to fend off mounting criticism of Europe's environmental aimsThe proposal will set an EU goal to cut net greenhouse gas emissions 90% by 2040, compared with 1990 levels.However, the EU executive plans to add flexibilities to that target, which could reduce what it demands from domestic industriesThe flexibilities include setting an emissions-cutting target for domestic industries that is lower than 90% and letting countries buy international carbon credits to make up the rest, to reach 90%.Meta wants to replace its human workers with AI to review privacy and societal risksIt's been revealed that Meta plans to replace its human staffers with AI in reviewing the platform's privacy and societal risks.According to the company's internal documents obtained by NPR, the algorithm could automate up to 90% of all risk assessments previously done by people. This means that essential updates to Meta's safety features, programming, and content-sharing capabilities will be mainly optimized by AI‘Something is awry in Delaware': New study reveals lawyers in the smallest U.S. state are winning fee ‘multipliers' from major companies up to 66 times their normal hourly rateA new study shows attorneys in corporate cases in Delaware are earning as much as 66 times their hourly rateThat has prompted venture capitalists to increase calls for their businesses to incorporate elsewhere or move their corporation out of the stateElon Musk Reportedly Owes Donald Trump a Colossal Sum of MoneyMusk reportedly still owes president Donald Trump an eye-watering $100M out of the $300M he committed to get the reality TV star elected.Secret OpenAI Memo Describes Plans to Make Users Rely on "Entity"As The Verge reports, the Justice Department's ongoing attempts to break up Google's alleged monopoly garnered an OpenAI memo detailing the latter company's plans to build out ChatGPT an integral part of users' lives — acting as an "entity" that would "understand" them and be their "interface to the internet."Humans will live forever by 2050 thanks to android bodies and AI minds'the rich will use advanced tech to upload their brain to computers or android bodiesFuturologist Dr Ian Pearson believes advances in computing, genetic engineering, and robotics will let people become immortal: “By 2050, it will only really be for the rich and famous” SPEED ROUNDCEO pay rose nearly 10% in 2024, Associated Press analysis findsAlaska Will Lose 69% of Its Glacier Mass Under Current Climate Change PledgesWomen run 11% of Fortune 500 companies in 2025—but progress is still slowDollar General posts record sales as bargain stores attract more people anxious about the economyJamie Dimon for president? Why the banking CEO would be a welcome alternative for many voters

Send us a text◆ Did we come close to a full blown crisis before Trump's tariff climbdown? ◆ Will we face another in 90 days' time? ◆ UK regulator's astonishing covered bond rulingWe looked this week into whether the US's decision to postpone the imposition of punishing tariffs by 90 days averted a financial crisis, or merely postponed it.The action in the US Treasury market was not good this week as investors and traders appeared to pile into cash rather than assets. Stock markets were red but the US government bond market caught no safe haven bid and sold off too. The peril abated with the tariff postponement on Wednesday but there were signs of a brewing crisis in the run-up to that decision. We ask whether markets will be better prepared in July if the US goes ahead with its trade policy.We also delve into a decision by the UK regulator, the Prudential Regulation Authority, to disallow non-UK covered bonds from counting as high quality liquid assets for UK banks. We explore the ramifications for UK lenders and the covered bond market.

Hear from Jo Paisley and Maxine Nelson of the GARP Risk Institute as they look back on key learnings from the latest season of the Climate Risk Podcast. As we head into 2025, the GARP Climate Risk Podcast kicks off the new year with a retrospective on the past 12 months, reviewing the key themes and insights that emerged during 2024.  From soil scientists to policymakers, financial experts to climate modelers, we've welcomed a diverse range of guests to share their expertise. This episode revisits some of the key learnings from these conversations and highlights the invaluable advice our guests have shared with risk professionals as we navigate the path to a net-zero and nature-positive future. Today's episode will delve into: Why we need to think about climate and nature together What we learned about the transition to net zero The potential global temperature increases we face The modelling underpinning all these insights To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr  For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Centre: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com   Speaker's Bio(s) Jo Paisley is President of the GARP Risk Institute, the thought leadership arm of GARP. Set up in early 2018, the Institute works across all risk disciplines, with Jo's focus to date on climate risk management and scenario analysis, stress testing and operational resilience. Her career began at the Bank of England where she worked in a variety of roles across macroeconomics, statistics, supervision and risk. Her last role was as a Director of the Supervisory Risk Specialists Division within the Prudential Regulation Authority, where she was heavily involved in the design and execution of the UK's first concurrent stress test in 2014. She left the Bank in 2015 and joined HSBC as their Global Head of Stress Testing. She has also worked as an independent stress testing consultant, advising firms on how to get the most value out of stress testing. Dr. Maxine Nelson is a Senior Vice President at the GARP Risk Institute, GARP's research and thought leadership arm, where she focusses on climate financial risk management.  She has extensive experience in risk, capital and regulation gained from a wide-ranging variety of roles, including Global Head of Wholesale Risk Analytics and Head of Capital Planning at HSBC, significantly expanding counterparty credit risk management at the UK Financial Services Authority during the last financial crisis, leading the credit risk team at KPMG London, senior credit risk consultant at Oliver Wyman, and embedding operational risk analytics globally at National Australia Bank. Maxine has a degree in mechanical engineering and a PhD characterizing how best to apply probability theory to real world problems.

Secure Trust Bank management provides an overview of its Commercial Finance Business and its role in helping the business achieve its medium-term targets. The Commercial Finance management team outline the product offering, the size of the market, the team's track record, further growth opportunities, the recurring revenue benefits of the model, as well as their approach to structuring and risk management. David McCreadie, CEO 00:16 - Introduction John Bevan, Managing Director, Commercial Finance 07:04 - Introduction to commercial finance 12:01 - Business growth 13:18 - Collaborative model 15:03 - Addressable market 16:15 - Growth drivers 16:43 - Commercial finance summary Sean Powell, National Sales Director, Commerical finance 17:10 - Business proposition 19:27 - Target market 21:29 - Hobbycraft case study 22:32 - Income growth 23:29 - Routes to market 24:58 - Market opportunity James Hodkinson, COO, Commercial Finance 26:26 - Benefits of the relationship model 32:06 - Client satisfaction 33:46 - Client retention 34:31 - BM Steel case study Will Airey, Head of Risk, Commercial Finance 36:01 - Specialist underwriting 38:32 - Balance sheet protection 40:28 - Case study 41:47 - Cost of risk David McCreadie, CEO 42:40 - Summary & Outlook 44:56 - Q&A Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 897 employees (full‐time equivalent) as at 30 September 2024. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions. Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

In this episode, brought to you by Wesleyan Financial Services' Retirement Club, Regional Managers Wendy Baillie and Simon Cosgrove, as well as Mike Blenkham from accountancy firm UNW, discuss how to ensure your financial position is in the best possible place when you come to retire.   This podcast is for information only and doesn't constitute financial advice. Please bear in mind that advice in relation to inheritance tax planning is not regulated by the Financial Conduct Authority. Tax treatment depends on individual circumstances and may be subject to change in future.   ‘WESLEYAN' is a trading name of the Wesleyan Group of companies. Wesleyan Financial Services Ltd (Registered in England and Wales No. 1651212) is authorised and regulated by the Financial Conduct Authority and is wholly owned by Wesleyan Assurance Society. Wesleyan Assurance Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Incorporated in England and Wales by Private Act of Parliament (No. ZC145). Registered Office: Colmore Circus, Birmingham B4 6AR. Telephone: 0345 351 2352. Calls may be recorded to help us provide, monitor and improve our services to you.

When U.K. insurers observe they cannot comply with requirements under Solvency II, there are detailed steps that one must take.Feargal Ryan, European counsel in Skadden's Financial Institutions Group, and host Rob Chaplin, head of the firm's Financial Institutions Group in Europe, break down insurers' obligations. They explain differences between the Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR) and examine the Prudential Regulation Authority's (PRA's) requirements.

In this episode, Lindsey Rogerson and Rachel Wolcott, senior editors for Regulatory Intelligence in EMEA discuss the UK Financial Conduct Authority's (FCA) approach to Freedom of Information Act (FOIA) compliance.In the UK, most public bodies are subject to FOIA. That means members of the public can request information held by public authorities or by persons providing services to them. That includes the FCA, the Prudential Regulation Authority and the Bank of England. Lindsey and Rachel discuss the importance of using FOIA in their work to uncover information that helps readers and listeners better understand how the regulators work. They talk through several examples of information they've been able to request, including about whistleblowing, enforcement statistics, as well as bullying and harassment allegations made by FCA employees. Recently, however, many of their FOIA requests have been met with resistance from the regulator. Lindsey and Rachel talk about how they appealed the FCA's use of FOIA exemptions —and won. The process brought valuable insights into how the regulator manages FOIA compliance. LINKS FCA response to FOI on guidance for supervisors investigation allegations made by whistleblowers after ICO intervention June 2024: https://www.whatdotheyknow.com/request/protocol_for_supervisors_when_in/response/2684994/attach/4/FOI10712%20Amended%20Response%2020240619.pdf?cookie_passthrough=1 Redacted FCA document: Supervision: Whistleblowing ‘How to Guide' for SPC & Authorisation Divisions: https://www.whatdotheyknow.com/request/protocol_for_supervisors_when_in/response/2684994/attach/5/Annex%20A.pdf?cookie_passthrough=1 Article: FCA report shows "host" ACD compliance has not improved in a decade, s 166s imposed: https://word-edit.officeapps.live.com/we/FCA%20report%20shows%20%22host%22%20ACD%20compliance%20has%20not%20improved%20in%20a%20decade,%20s%20166s%20imposed Article on: UK FCA is still assessing more than 1,100 whistleblower reports from 2023/24: https://nam02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fgo-ri.tr.com%2FO3tB1r&data=05%7C02%7Crachel.wolcott%40thomsonreuters.com%7Cba01669a1154474d690a08dcd2715851%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C638616631473549097%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=DODZq3z11tZ%2FDZsQvMvYSJWDHOs4gJi7eVZRLslaqGA%3D&reserved=0 H2O decision notice: https://www.fca.org.uk/publication/final-notices/h2o-am-llp-2024.pdf FCA warning notice on Woodford Investment Management Ltd and Neil Woodford: https://www.fca.org.uk/publication/warning-notices/warning-notice-statement-24-3.pdf First Tier Tribunal decision in Paul Carlier v ICO: https://www.bailii.org/uk/cases/UKFTT/GRC/2024/257.htmlArticle on FOIA request about MiFID II recordkeeping investigations: https://www.linkedin.com/posts/rachelwolcott_mifid-enforcement-action-activity-7199352605670555649-BLwt/?utm_source=share&utm_medium=member_desktopArticle: FCA to merge FOIA, personal data disclosure unit into comms team: https://www.linkedin.com/posts/rachelwolcott_fca-to-merge-idt-fully-with-communications-activity-7163815206140239873-HFex/?utm_source=share&utm_medium=member_desktopUK FCA's FoIA request reputational risk assessments, guidelines for journalists' requests are inappropriate –expert (paywall): http://go-ri.tr.com/xqNUHXMeta FOIAsFOI6522, FOI9427, FOI9980 (scroll to the bottom for links. For two of them you may need to request access from the FCA) FCA's response to Lindsey and Rachel's questions: Is the FCA's approach to FOIA and DPA in line with its stated values of acting with integrity and delivering in the public interest? "Yes" Does the FCA still circulate FOI responses to large number of staff in the CEO's office and the COO for comments and sign off? "As we mentioned in our last response to you in March, our approach is in line with ICO guidance and the law." What are the latest IDT performance statistics? "Over the last 12 months from September 2023 to August 2024 (inclusive), we responded to 92% of FOIA requests and 98% of DSARs within the statutory deadline." Has the ICO asked the FCA to perform any remedial work on IDT? Has ICO advised/queried the FCA about safeguards for FOIA and DPA in the new combined IDT/press office arrangements? "No. When we answered your questions in March, we explained that it had been our intention that the information disclosure team would move to a different department within the communications directorate as part of a planned restructure later this year. That move has now happened." Has the FCA stopped internal circulation of lists of new FOIA requests with names of requestors? If not why not?"We continue to circulate the details of new requests, which generally include the names of the requesters, to a limited number of internal stakeholders. We are satisfied that our internal processes are appropriate and lawful, including that our processes are compliant with FOIA and data protection legislation." What further steps has the FCA taken to train IDT/comms staff about using FOIA exemptions?"All IDT staff and internal reviewers have received formal training on the application of the FOI Act and many members of the team are qualified FOIA practitioners. In addition, IDT works closely with our legal division, which provides expert guidance in the interpretation of the most complex aspects of the Act." Has the FCA reviewed its approach to labelling FOIA requests as vexatious following the First-Tier Tribunal case Paul Carlier v Information Commissioner and the FCA? If yes, how? "The FCA continues to consider each request on a case by case basis, in line with the requirements of relevant legislation, ICO guidance and case law. In this case, the ICO agreed with our view the requests were vexatious. The Tribunal, however, decided 'by a narrow margin' they were not, a conclusion it reached 'with some hesitation.' We have therefore been happy to reconsider the requests." From the evidence we have reviewed the FCA's approach to FOIAs and DPAs seemed to be top-down with many senior executives signing off requests and even correcting grammar errors. We are also aware from our own FOIs that there is often months-long delays in responding to requests and appeals. Given this, what is the FCA doing to ensure a more efficient process in line with the legislation? "We have improved our performance on the statutory deadlines for FOIAs and DSARs over the last year. We recognise that we need to do more to improve our performance in processing FOIA Internal Reviews and DSAR complaints. We are currently considering how the existing process can be streamlined to improve its efficiency. Our internal processes are focused on ensuring a clear and quality response, not preventing disclosure which is determined by the law."FOI6522: https://www.whatdotheyknow.com/request/foi6522_request_for_further_info#incoming-2714347FOI9427: https://www.whatdotheyknow.com/request/foi9427_request_for_information#incoming-2713882FOI9980: https://www.whatdotheyknow.com/request/foi_9980_request_for_information#incoming-2711477 Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

Secure Trust Bank management provides an update on their Real Estate Finance business and how it will support the Group in achieving its medium-term financial targets. Geoff Ray, Managing Director, Real Estate Finance, John Griffin, Regional Head, London & South East and Chris King, Head of Credit provide details of their strong track record and the strategic repositioning of the Real Estate Finance business to focus on lower risk residential investment loans, which represented 84% of the Real Estate Finance net lending book at the end of 2023. David McCreadie, CEO 00:16 - Introduction Geoff Ray, Managing Director, Real Estate Finance 05:58 - Real estate finance business overview John Griffin, Regional Head, Real Estate Finance London at Secure Trust Bank 16:23 - Real estate finance market & customers Christopher King, Head of Credit Risk 28:24 - Real estate finance risk management David McCreadie, CEO 36:54 - Outlook 38:07 - Q&A Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and has 897 employees (full‐time equivalent) as at March 2024. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions; and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions. Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Hello, and welcome to episode 109 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. Another busy week this week, but they are all busy weeks. New designations from the UK and EU. Other sanctions news includes a new report detailing Russian fossil fuel exports and an incredible story from the US about possible sanctions on members of the International Criminal Court. More bribery and corruption news from the conflict in Ukraine, on both sides of the battlefield. The fraud news comes with reports of a disrupted ‘pig butchering' scheme in the US and the publication of UK Finance's annual report. There is a host of money laundering news, including updates from Turkey on its effort to escape the FATF's ‘grey list'. And, there is a round-up of this week's cyber-attack news. Let's crack on. As usual, I have linked the main stories flagged in the podcast in the description. These are: Cyber Security Expert Advisory Board, Ausgrid response to the 2023-30 Australian Cyber Security Strategy: Legislative Reform Consultation Paper.BBC, Can romance scam victims get their money back?Centre for Research on Energy and Clear Air, April 2024 — Monthly analysis of Russian fossil fuel exports and sanctions.Coalition for the ICC, Letter to US President: Threats to the International Criminal Court.Council of the European Union, Text (PE-CONS 36/24) of the Regulation on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (2021/0239(COD)) (AML Regulation).Council of the European Union, Text (PE-CONS 35/24) of the Regulation establishing the Anti-Money Laundering Authority (AMLA) (2021/0240(COD)) (AMLA Regulation).Council of the European Union, Text (PE-CONS 37/24) of the Sixth Money Laundering Directive (2021/0250(COD)) (MLD6).Department for Business and Trade, Notice: NTE 2024/11: Russia sanctions – Sales of oil tankers to third countries.European Commission, Commission welcomes new sanctions against disinformation and war propaganda.Financial Conduct Authority, FCA fines CGML £27,766,200 for failures in its trading systems and controls.Financial Conduct Authority, Final Notice: Citigroup Global Markets Limited.Foreign, Commonwealth & Development Office, UK and partners target Russia-DPRK ‘arms-for-oil' trade with new sanctions.FT Adviser, SFO director appears to be levelling the playing field in latest strategy.Human Rights Watch, Biden Should Oppose US Sanctions on ICC.Kharkiv Anti-Corruption Center, In 2023-2024, the Kharkiv OVA concluded contracts for the construction of fortifications and the supply of materials for almost 8 billion hryvnias: analytics of the Ukrainian Center.National Crime Agency, Peter Virdee charged with bribing a foreign official.National Cyber Security Centre, Business email compromise: new guidance to protect your organisation.Office of Financial Sanctions Implementation, Financial Sanctions Notice: Somalia.Office of Financial Sanctions Implementation, Guidance: Financial sanctions, Somalia.Office of Financial Sanctions Implementation, Guidance: Who is subject to financial sanctions in the UK?Prudential Regulation Authority, The Prudential Regulation Authority (PRA) fines Citigroup Global Markets Limited (CGML) £33,880,000 for failures in its trading systems and controls.Prudential Regulation Authority, Final Notice: Citigroup Global Markets Limited (FRN 124384).Rabihah Butler, Are government sanctions successful?Stanford Law school, SLS Report Analyzes How Lawyers Enable Sanctions Evasion—and How to Address the Problem.Stephenson Harwood, Four key lessons from the Binance case.UK Finance, Fraud remains a major problem as over £1 billion is stolen by criminals in 2023.UK Finance, Annual Fraud Report 2024.UK Financial Intelligence Unit, Requesting a defence from the NCA under POCA and TACT.US Department of Justice, Secret Service Seizes a Web Domain Used in Furtherance of a Cryptocurrency “Pig Butchering” Scheme.US Department of Justice, Two Foreign Nationals Arrested for Laundering At Least $73M Through Shell Companies Tied to Cryptocurrency Investment Scams.US Department of Justice, Man Sentenced for Laundering Over $4.5M Obtained from Business Email Compromise and Romance Fraud Schemes.US Environmental Protection Agency, EPA Outlines Enforcement Measures to Help Prevent Cybersecurity Attacks and Protect the Nation's Drinking Water. 

The Prudential Regulation Authority's supervisory statement (SS1/23) on model risk management principles for banks is due to take effect from 17 May 2024. Given that the statement was released in May 2023, banks have had some time to digest it, however careful consideration will be required to ensure that banks' model risk governance, controls, policies, processes, and reporting meet the PRA's expectations. In this episode of Regulated Radio, Rod Hardcastle is joined by Deloitte Partner Ian Wilson to discuss the five key principles of SS1/23, the associated challenges banks face and how banks can minimise the costs of meeting these new expectations.

This episode of “The Standard Formula” podcast is part three of the “Back to Basics” series, which takes a deep dive into the Solvency II regime. Skadden partner Rob Chaplin is joined by his colleague Meher Pahuja to discuss third-country branches and the cross-border provision of services. Rob and Meher explore the significance of third-country branches and the cross-border provision of services, shedding light on the regulatory landscape before and after Brexit. They emphasize the importance of these topics, discussing “passporting” and pre-Brexit regulations. They also provide insights into the post-Brexit environment, explaining the Temporary Permissions Regime (TPR) and the Financial Services Contracts Regime (FSCR) in the U.K., in addition to briefly covering the contingency arrangements implemented by the EU.Later in the episode, Rob and Meher analyze the Prudential Regulation Authority's (PRA's) proposals to remove capital requirements for third-country branches, and highlight the PRA's efforts to encourage competition and protect customers in the U.K. insurance market.

The STB Capital Markets Day was titled, A Pathway to delivery of Medium Term Targets of a £4bn loan book ambition. The day focussed on V12 Retail Finance, referred to as ‘An emerging powerhouse'. V12 is delivering significant growth, structural improvement in its cost of risk and significant operational leverage and scalability through digitalisation of customer service. Then, Rachel Lawrence, CFO, goes on to provide an update on the Group's medium term targets. The event was opened by Lord Forsyth, Chairman, with David McCreadie, CEO providing an introduction and closing summary, followed by analyst and investor questions. Lord Forsyth, Chairman 00:17 Chairman's introduction David McCreadie, CEO 04:16 Group Overview Nick Davies, CEO, V12 Retail Finance & Andrew Phillips, Commercial Director, V12 Retail Finance 21:39 Retail Finance Rachel Lawrence, CFO 50:38 Medium Term Targets David McCreadie, CEO 01:52:00 Conclusion 1:03:08 Q&A Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 71‐year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 858 employees (full‐time equivalent) as at 30 September 2023. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions. Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Secure Trust Bank PLC, Yorke House, One Arleston Way, Solihull, B90 4LH.   Distributed by PIWORLD, but not produced.

Episode 1: Leading Questions In the first episode, Christa Band, Gavin Lewis, Elenor Parkhouse, James Bowen and Stephen Lacey discuss the the surprising decision of the Supreme Court in relation to the Mariana Dam case and what it means for the future of collective redress in this country; sanctions and the perils of a tickbox “reasonable belief” defence as highlighted by Celestial Aviation; the extraordinary Al Sadeq case and whether a non-party to litigation can claim litigation privilege and a financial services supplement about changes to the Bank of England and Prudential Regulation Authority's enforcement process and policies. To listen to all episodes in this series, visit our Leading Questions webpage.

Episode 1: Leading Questions In the first episode, Christa Band, Gavin Lewis, Elenor Parkhouse, James Bowen and Stephen Lacey discuss the the surprising decision of the Supreme Court in relation to the Mariana Dam case and what it means for the future of collective redress in this country; sanctions and the perils of a tickbox “reasonable belief” defence as highlighted by Celestial Aviation; the extraordinary Al Sadeq case and whether a non-party to litigation can claim litigation privilege and a financial services supplement about changes to the Bank of England and Prudential Regulation Authority's enforcement process and policies. To listen to all episodes in this series, visit our Leading Questions webpage.

Christian Hunt is the founder of Human Risk and has nearly three decades of experience in financial services, spanning investment banking, asset management, and time spent at a family office. He is also the author of the new book 'Humanizing Rules: Bringing Behavioral Science to Ethics and Compliance.' His unique perspective comes from having held senior roles as both a risk and compliance officer, as well as a regulator.While working for the Swiss banking giant UBS in London, he was a managing director & head of behavioral science. He was the global head of Compliance & Operational Risk at UBS Asset Management. On the other side of the fence, he was the chief operating officer at the UK's Prudential Regulation Authority.His current mission is to help organizations swiftly improve their ethics and compliance programs to achieve better business outcomes by putting people at the center of their internal rule-making processes. You can learn more about him at his website: www.human-risk.com.He talks to Regulatory Ramblings' host Ajay Shamdasani about how employees aren't necessarily interested in endless rounds of training to test for recognition of rules and regulations, though that was somehow a proxy for fostering a sound compliance culture – be it in the financial sector or the corporate world more broadly. They also discuss how weeding out bad actors won't fix environmental factors when 'systemic rot' has set into an organization and how one of the worst ways to make employees turn against their employers is to send the message that the former are not trusted.HKU FinTech is the leading fintech research and education in Asia. Learn more at www.hkufintech.com.

Hello, and welcome to episode 57 of the Financial Crime Weekly Podcast, I'm your host, Chris Kirkbride. It's been a busy week this week, with plenty on fraud, bribery, and cyber-attacks, with some bits and pieces on other things. Let's crack on. As usual, I have linked the main stories flagged in the podcast in the description. These are: Bank of England and Prudential Regulation Authority, The Bank of England consults on its approach to Enforcement policies to provide greater clarity on the scope of its powers and processes.Bank of England and Prudential Regulation Authority, CP9/23 – The Bank of England's approach to enforcement: proposed changes and clarifications.Commodity Futures Trading Commission, Federal Court Orders South African CEO to Pay Over $3.4 Billion for Forex Fraud.Council of the European Union, Corruption as an obstacle to development: Council approves conclusions (press release).Council of the European Union, Corruption as an obstacle to development - Council conclusions (4 May 2023).Council of the European Union, Foreign Affairs Council (Development), 4 May 2023.European Commission, Anti-corruption: Stronger rules to fight corruption in the EU and worldwide.European Commission, Questions and Answers: Stronger rules to fight corruption in the EU and worldwide.European Union External Action: Diplomatic Service of the European Union, Anti-corruption package: Press remarks by High Representative/Vice-President Josep Borrell at the press conference.Lloyd's Market Association, Publication of Oil Price Cap Endorsements for Political Risk and Credit Business.Office for Professional Body Anti-Money Laundering Supervision (OPBAS), Anti-Money Laundering Supervision by the Legal and Accountancy Professional Body Supervisors: Progress and themes from our 2022/23 supervisory work.Spotlight on Corruption, Now we need the other fraud strategy (blogpost).Techtarget, Studies show ransomware has already caused patient deaths.The Guardian, Facebook and WhatsApp owner urged by UK bank to act on fraud as scams soar.UK Financial Conduct Authority, FCA continues action against unregistered crypto ATMs across the UK.UK Financial Conduct Authority, FCA sets out steps to improve whistleblower confidence (press release).UK Financial Conduct Authority, Whistleblowing qualitative assessment survey 2022.UK Financial Intelligence Unit and the National Crime Agency, Suspicious Activity Report (SAR) Glossary Codes and Reporting Routes.UK Food Standards Agency, Chief Executive's message to stakeholders - Update on our meat fraud investigation.UK government, New blueprint to protect public from scammers (news story).UK government, What the Prime Minister's Fraud Strategy means for you (press release).UK government, Fraud Strategy: stopping scams and protecting the public (policy paper).UK Home Office, Economic Crime Survey 2020.UK Home Office, Research and analysis: Economic Crime Survey 2020.UK Insolvency Service, London businessman convicted for Bounce Back Loan fraud.UK Office of Financial Sanctions Implementation, General Licence INT/2022/1710676.UK Office of Financial Sanctions Implementation, General Licence INT/2023/2954852.US Department of Justice, Houston man sent to prison for $3M PPP loan fraud scheme.US Department of Justice, Man Sentenced for $1.1M COVID-19 Fraud Scheme.US Department of Justice, Alaska Couple Charged in $700,000 Investment Fraud Scheme Based on Fictitious Alaska Marijuana “Bud and Breakfast”.US Department of Justice, San Diego Man Sentenced to Prison for Tax Evasion, Fraud and Failing to Appear for his 2001 Sentencing Hearing.US Department of Justice, FBI Disrupts Virtual Currency Exchanges Used To Facilitate Criminal Activity.UK Prudential Regulation Authority, Business Plan 2023/24.US Securities and Exchange Commission, SEC Issues Largest-Ever Whistleblower Award.Welsh government, New plan to help protect Wales from cyber-attacks and grow cyber sector.

During the podcast, titled What regulators have in store for insurers and brokers, Sicsic said given the spat between the government and Prudential Regulation Authority on the risk of ditching the EU's Solvency II capital requirements, he wouldn't expect a massive overhaul of the rules. Hosted on Acast. See acast.com/privacy for more information.

You can download your FREE eBook on avoiding financial mistakes as a dentist using the link just here:  www.dentistswhoinvest.com———————————————————————Ready to unravel the secret language of buy-to-let mortgages and interest rates? Join us for a captivating conversation with our guest, Tony Hammond. We're navigating the maze of the UK's property market and the ever-evolving landscape of its mortgage rates. We're talking Bank of England, market influences, and the challenges our landlords face amidst the fluctuating supply and demand. Tony also gives us the lowdown on variable and fixed-rate mortgages, and why those fixed rates are on the decline again.Ever wondered about the nitty-gritty of buy-to-let mortgages and taxation? Tony breaks down how the recent shifts in tax rates affect your rental property profitability. We'll cover the Interest Cover Ratio (ICR) and the Prudential Regulation Authority's interest affordability stress rate requirement. We're also delving into the world of property investment, underlining the significance of consulting a broker, having a 25% deposit and spreading your investments across multiple properties. Tony also enlightens us on the gains of investing through a limited company and how the shifting tax rates can impact your rental income. Strap in for an enriching discussion!

In this episode, Frankie Tortora and Steve Folland have a chat in response to an excellent question from Sophie Greenwood, founder of Ink & Bear.She says:“I recently invested in a rebrand of an online event that I run (Super Seconds Festival) — I worked with an illustrator (Vicky Hughes) and loved the process from start to finish. I loved setting a brief and having someone else be able to do the work a million times better that I could do it. Now I'm slightly addicted to the idea of getting people to support my business! So, my question is... What's the best thing you've ever invested in / outsourced in your business and what's on your wish list for the future?”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Sophie Greenwood's websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

In this episode, Frankie Tortora and Steve Folland have a chat in response to an excellent question from artist and illustrator Lisa Callaghan.She says:“As an aspiring creative freelancer, what do you recommend as being the first steps towards generating paid work? How do you get those very first paying clients?I'm already on social media, putting my work out into the world (well, to all of my 25 followers!). I've also looked at platforms like UpWork and haven't found any projects that fit — either they're looking for much more experience than I can offer, or I have what they want but they'd like me to do it for less than minimum wage.Help!”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Lisa Callaghan's InstagramFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

In this episode, Frankie Tortora and Steve Folland have a chat in response to an excellent question from designer Jason Hunt.He says:“I occasionally get the urge to approach a company who I think are doing their brand absolutely no favours and underselling what I know to be brilliant. I'm a designer, so approach this from a branding and design perspective (though of course their copy might also be shit!)This has never worked, and I rarely even entertain it these days, but I have a company that I am dying to approach as they are brilliant at what they do, have a great and friendly reputation and would even probably have money to spend on all these things. I just can't fathom out for the life of me why they haven't upped their game?Has anyone ever done this (successfully) and do you have any tips on how to write the initial approach to not sound like just a mansplaining twat?”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Jason Hunt's websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

Hear from Jo Paisley and Maxine Nelson of the GARP Risk Institute as they look back on key learnings from the latest season of the Climate Risk Podcast. As we head into 2023, Maxine and Jo once again join forces to review the latest season of Climate Risk Podcasts, gleaning key insights from each guest and discussing ongoing trends in climate risk management. From scientists to CEOs, asset owners to archaeologists, we've upheld our promise to showcase a variety of different perspectives on climate risk and sustainability. This episode re-examines the rich knowledge that has been shared on the Climate Risk Podcast over the last 12 months, creating a narrative of climate risk wisdom to guide our listeners through this fast-moving field. In today's episode, we will discuss: What we've learnt about risk, vulnerability, and exposure; How well the financial sector is supporting the transition to a net-zero world; And what advice our guests offered to risk and finance professionals. Links from today's discussion: Andy Smith and Matt Jones - 30 Years of Catastrophe Modelling: Lessons for Risk Professionals Julie Pullen - The Oceans & Climate Explained (and Why it Matters to Finance) Kevin Dooley - Supply Chains: Why Sustainability is the Best Form of Risk Management David Victor and Danny Cullenward - How Politics Shapes Climate Policy: Insights for Risk Professionals Emily Shuckburgh - Data, AI, and Innovation: Insights from the Frontiers of Climate Science Brian Fagan - 30,000 Years in 30 Minutes: Climate Risk from an Archaeologist's Perspective Bruce Usher - Investing in the Era of Climate Change Sean Kidney - The Green Bond Market Explained (And Why Investors Do Need to Worry About Climate Risk) Alan Smith - Culture and Capability: An Asset Owner's Guide to Net Zero Eila Kreivi - EU Taxonomy for Sustainable Finance: Everything You Wanted to Know, But Were Too Afraid to Ask Mark Campanale - Achieving Net-Zero: Reframing Climate Change as a Supply Side Issue William McDonnell - The "Net" of "Net-Zero": Making Voluntary Carbon Markets Work and Christmas Climate Book Club Special Speaker's Bio(s) Jo Paisley, President, GARP Risk Institute Jo has worked on a variety of risk areas at GRI, including stress testing, operational resilience, model risk management and climate risk. Her career prior to joining GARP spanned public and private sectors, including working as the Director of the Supervisory Risk Specialist Division within the Prudential Regulation Authority and as Global Head of Stress Testing at HSBC. Maxine Nelson, Senior Vice President, GARP Risk Institute Maxine currently focuses on climate risk management. Previous roles have included operational risk modelling at NAB, leading KMPG London's credit risk team, senior consultant at Oliver Wyman, responsibility for counterparty credit risk at the UK Financial Services Authority, and Global Head of Wholesale Risk Analytics and Head of Capital Planning at HSBC.

In this episode, Frankie Tortora and Steve Folland have a chat in response to an excellent question from wedding videographer Charlene McNabb.She says:“Hi Frankie and Steve! Happy New Year!I'm sitting here with a notepad. Two actually. One has my 'to-do' list on it that I created before Christmas (check me out for being super organised). The other has what to prioritise over the next 6 weeks, but here's where the overwhelm has come flooding in.When you're running your own business and need to do ALLLLL the things, how do you prioritise stuff when everything is a priority?The list ranges from loads of paid client work (editing and stuff), to updating the website and portfolio (important, as it's key wedding-planning season), to marketing and SWOT analysis, accounts and even stripping the bloody paint off the stairs.I mean, I'm happy to push that last one back, it's been on the back burner for 8 years now anyway, but still…Do you think you can send some wisdom my way please?Thanks, Charlene”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Charlene McNabb's websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

It's quite a winding route that's taken Marcelle to be known as a fashion photographer. But from working in shops on London's Oxford Street as a teenager, now her photos can be seen in those windows instead.Marcelle did lots of work for free early on but it built a network, a portfolio and a reputation that has since served her well. Whilst her training as a graphic designer has kept her working at times when she didn't have a camera in her hand.She loves her job and is a self professed workaholic, but her thirty year plan finds her sitting in a beach far away from the streets of London.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland

This week Frankie Tortora and Steve Folland have a chat in response to an excellent question from website lead generation consultant Tom Garfield.He says:"Are awards worth it?Do you get business from them? Is it worth the effort of entering? Do clients care about them? Should we be applying for as many as we can?! It seems like winning awards is a good idea, but I just don't know what to think."What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support. AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Tom Garfield's websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

Kyle left agency life and started his self-employed journey working with friends as a collective. 8 years on though, he'd built his own name through hosting meet-ups and speaking at events to the point where it made sense to go solo.From small meet-ups he ended up speaking on some of the biggest stages with the likes of Adobe as clients. Yet in 2020 decided to switch from being a freelancer to becoming a Creative Director in-house.Now, full-time at School Of Motion, a fully remote company, he still has flexibility in his life. Kyle believes his years of working independently, general skill-set, and ability to get things done that comes from being freelance is actually making him a better employee.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland

When Korean Hyunjin, or ‘Jenna' as she's also known, met her American husband, she moved to be with him and needed to find work in small town USA.Whilst blogging tips about international relationships, Jenna found readers started to approach her for help with their own written English requirements like cover letters and applications. Her freelance journey had begun.Years later she joined Elance, that became Upwork, and worked her way up to be one of the top 1% professionals on the freelancer job site.Her blog meanwhile spawned what is now the largest community for Korean/international couples. Currently based back in South Korea, along with regular clients on Upwork, her free community brings her plenty of opportunities as her members recommend her too.Maybe Upwork doesn't have to be a race to the bottom after all. Hear Jenna's story. And her cat.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland 

This week me (Frankie Tortora) and him (Steve Folland) have a chat in response to an excellent question from Dex Sorbet AKA Anonymous.They say:“I've worked on two excellent projects for a really high profile client in the past year. When the projects finally went live I dropped them an email to say how great they were and how happy I was to have been a part of them. I got a lovely reply that ended with — ‘please do keep in touch for any future projects that might be up your street.' But I don't quite know what to do with that! How can I turn that vague and polite sign-off into something I can be proactive about? Do I send occasional emails to say “Hi” in the hope that they might have something in the works? Or will that make me seem a bit desperate? How do I maintain a relationship with a client who might have work in the future without being a bit weird?”• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family. Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support. AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Frankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

Luke needn't have been scared of going freelance. He'd spent 10 years of agency life making great work and making a name for himself. Through writing, speaking and community, people knew he'd be a great freelancer even if he didn't.And whilst all of his income is derived from client work, that's definitely not where all his time is spentLuke devotes huge amounts of energy to Birmingham Design. Joining forces with his friend Dan to organise events, workshops, a shop, website, directory, mentorship scheme and a massive festival celebrating and nurturing the creative scene around them.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland 

When Australian Robyn quit her job working in comms for a French yacht company, she wasn't expecting her boss to be so keen to keep her that he'd offer her a 2-day-a-week retainer if she went freelance.So she did. Finding work through her network and referrals along the way. 6 years later Robyn still has no website.But working solo also gradually sent Robyn into her shell. So now, she's proactively seeking out connection once more. Making online dates with other freelancers and working with a business coach - she's enjoying life being freelance once more.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland  

This was the sixth session of the day from our Artemis London 2022 conference, held on September 6th, 2022. The event was Artemis' first insurance-linked securities (ILS) conference held in the City of London and saw more than 240 attendees enjoy a wide-range of sessions and networking opportunities. Themed largely around the catastrophe bond, attendees heard from expert speakers that have been in the sector for years, as well as newcomers with ideas of how to innovate the cat bond and ILS market going forwards. Attendees came from as far afield as New Zealand, Hawaii, Asia, North and South America, Bermuda, as well as a large European contingent, plus as you'd expect numerous London marketplace leaders in ILS and reinsurance. This sixth session from the event features a panel discussion on the subject of London as a hub for catastrophe bonds and insurance-linked securities (ILS) The panel discussion was moderated by Des Potter, Special Advisor, Lloyd's. He was joined by: Lisa Leaman, Head of Division, London Markets, Prudential Regulation Authority, Bank of England; Shireen Gammoh, Partner, Head of Strategic & Financial Analytics, Gallagher Re; and Philipp Kusche, Global Head of ILS & Capital Solutions, TigerRisk Capital Markets & Advisory. The discussion focused on what is different about London's proposition, when it comes to catastrophe bonds and insurance-linked securities (ILS). It also covered opportunities the ILS market may be able to generate through closer and more direct trading with London based cedents and the Lloyd's marketplace. Listen to the full podcast episode of a London catastrophe bond and ILS focused panel discussion, for more insights into the potential for the market to make greater use of alternative reinsurance capital.

While working in his first job at a small agency, Ryan started a website. He didn't think much of it. Until its local SEO started bringing him leads and the chance to do extra work on the side.A year on, working evenings and weekends, he'd reached capacity. This was it. Time to go full time freelance. With no network of his own, he needed his site to continue to bring him clients. And it really did.In the past year Ryan's grown a team of two fellow freelancers. Able to make the most of the leads, the retainers and enjoy the ability of having people to bounce ideas off of rather than make every decision on him.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland

Already established in her marketing career, Nadine went freelance in order to ‘stretch' herself professionally. And stretch she has!Her natural networking style served her well. Nadine has been freelancing for 10 years with big name clients and still doesn't have a website of her own. LinkedIn and her trusty Rolodex of business cards keep her ‘booked and busy'.And in the past couple of years, she's decided to use her own success and knowledge to give back. Starting a community and investment fund for diverse, marginalised entrepreneurs.Nadine loves the entrepreneurial side of being freelance. And you're going to love her story…You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland  

Momina realised traditional office life didn't fit with taking care of her mental health. Sh'e'd go freelance and be a better boss to herself.Having quickly built up a personal brand and relationships on Twitter, work soon came her way.This was in January 2022. So when she spoke for the podcast in July of that year, she'd really not been freelancing long. But that doesn't mean she didn't have a lot to share. A lot for us to learn from.Having already experienced and dealt with burn out, the issues with outsourcing in a hurry, prejudices from those refusing to consider hiring someone from Pakistan… but also the flip side of community, building great client relationships and ultimately creating that work life that works for her.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland 

This week Frankie Tortora and Steve Folland have a chat in response to an excellent question from brand and visual identity designer Matt Jones.He says:“After years of having a full-time job, I always knew exactly when I would be off for Christmas, when I would be returning and not having to worry about projects or answering emails while I was off.This is my first year as a full-time freelancer approaching Christmas and I'm worried about being able to 'switch-off' over the holiday season…What advice do you have about managing client expectations? When to set an out of office? And any other tips or tricks on how to switch off (not checking emails, editing to-do lists etc)?Oh… and also throw into the mix that it's both my daughters birthdays smack bang in the middle of December!”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Matt Jones' websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

Stephen wasn't looking to go freelance, but when redundancy came 10 years ago, he took on a contract for a few months. And here is all those years later saying he'd never go back.In between he's evolved specialisms, written a book that became a course and started working remotely. Stephen takes time out on side projects and courses to always stay on top of trends, tech and skills - thinking about what his clients might want now and in the years to come.And what about what he wants? As he nears the end of his 40s, Stephen's now exploring what a future in freelancing will look like for him and his family.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation AuthorityThis episode is sponsored by IPSEThe Association of Independent Professionals and the Self Employed -  support for UK freelancers.Advice, networking, events, perks - and sort your pension, insurance, legal, tax..There's a lot to think about when being freelance, and IPSE have your back. New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland

In 2011, taking a family holiday from his job as a Ford engineer, changed David's life forever. An accident on the beach left him paralysed from the chest down. Quadriplegic.When David was ready to work again, an old friend remembered their shared love of music. He suggested David create audio tracks for the animated videos his company were creating. His freelance business ‘Quadriphonic Sound' was about to make some serious noise.Without the flexibility of being freelance, David wonders if he'd be able to work at all. Instead he's making a name for himself on dream projects for huge brands, doing it all remotely around his health and family needs.You'll find full show notes and transcript for this episode at beingfreelance.com This episode is sponsored by AXA Business Insurance.Get cover for your work, your tools, your reputation. It feels better being protected, being freelance.Work hard, insure easy. Check out their site or Search AXA Business Insurance.AXA Insurance UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority New to freelancing? The Being Freelance course is made for you!Steve's rolled up everything he's learnt from over 6 years of conversations with more than 250 freelancers.There's no ‘one way' to be a successful freelancer, but this course will help you avoid the many mistakes that most of us make. Learn from our experiences.Find out more about the course. FREELANCER MERCHGet Being Freelance merchandise at beingfreelance.com/shopLooking to learn from and connect with other freelancers? Check out the website beingfreelance.com, and be part of the Being Freelance Community!Like VIDEO? - Check out the Being Freelance vlog - YouTube.com/SteveFolland

This week Frankie Tortora and Steve Folland have a chat in response to an excellent question from accountant Claire Owen-Jones.She says:“I have a ‘boring' business and make a ‘boring' podcast. I'm okay with that — I'm an accountant so I am very familiar with DULL — but I struggle with how to market it.Via the podcast I answer common accountancy questions. This week's episode is 7-10 minutes of me explaining payments on account, for example.How can I make the un-fun more memorable and/or appealing?”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Claire Owen-Jones' websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

This week Frankie Tortora and Steve Folland have a chat in response to a question from writer, editor and proofreader Louisa Ellins.She says…“Dear Frankie and Steve, As much as I love my office in the box room, I keep hearing that co-working spaces are a great place to meet potential clients, and I sometimes miss the office chat from my employed days. I've decided to dip my toe into co-working spaces after the school summer holiday break, and I've found that there's several different options in my town. I wouldn't go full time, but it would be nice to have the option of a hot desk to work from sometimes. What tips do you have for making the most of my time there?  Thanks so much! Louisa”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community. • • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. •••Louisa Ellin's websiteFrankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

Arjan Verbeek, CEO & Co-Founder, PerennaThe UK's newest bank, Perenna, has been awarded a UK banking licence ‘with restrictions' by the Prudential Regulation Authority and the Financial Conduct Authority. This is the penultimate step before a full banking licence is granted. When that happens, which the bank expects in Q1 2023, it will begin offering long-term fixed rate mortgages (30-year, 95% LTV) in the UK housing market. These are new products in the UK and with housing affordability a constant issue, are likely to prove popular. Robin Amlôt of IBS Intelligence speaks to Perenna CEO and Co-Founder Arjan Verbeek about the bank's plans and proposed products.

This week Frankie Tortora and Steve Folland have a chat in response to a question from Rosie Bakewell aka Anonymous.She says…“I'm working alongside another freelance consultant on a project, and our client is a big corporate organisation.As a mum to a 5-year old daughter, I only work in school hours and during school term-time.However, none of the people I work with have children, so they work 9 to 5 (and more). AND the client has team members in the US who aren't available until 2pm in the UK.A few times I've ended up having to work after 3pm, juggling work with looking after my daughter, because nobody else was available to move an urgent task forward.I've had enough of this, and with the new school year coming, I'd like to set some firm boundaries. But I'm worried that I will seem awkward and unhelpful if I say I'm not available after 3pm??Do you have any tips on setting and maintaining boundaries with clients who don't have children and so don't understand the challenges associated with being a working parent?”What would your advice be? Let us know your thoughts using #DIFTKpodcast on Twitter and Instagram, and join in the conversation via the DIFTK Community.• • •This episode is supported by AXA Business InsuranceAt AXA Business Insurance, we know that running any small business is hard work; but making your freelance business a success while looking after the kids can be a real challenge. That's why it's AXA's mission to make your business insurance easy through tailorable cover to suit your freelance business and a 24-hour legal and tax helpline for when you need a tricky question answered.And while we're making insurance easier, you can focus on what matters — making your business a success for your family.Work hard, insure easy.Visit AXA's Business Guardian Angel for more business help and support.AXA Insurance UK Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.•••Frankie Tortora's websiteSteve Folland's websiteSteve's podcast - Being FreelanceDoing It For The Kids websiteDIFTK InstagramDIFTK TwitterSupport DIFTK on Ko-Fi

Inflation, the cost of living crisis and the impact on clients' investments are all up for debate in our latest Adviser's Point of View podcast. In this episode, host Simon Cooper, Head of DFM Relationship Management at Cazenove Capital, speaks to Portfolio Director Richard Gould about how advisers can help and reassure their clients through turbulent markets and how Cazenove Capital is responding to events. This is part of a wider podcast series looking at the challenges that financial advisers and their clients face today as part of Cazenove Capital's ‘Lens On' channel. Find our podcast on Spotify, Amazon, Google Podcasts, Apple Podcasts or wherever you get your podcasts. Get in touch with us at www.cazenovecapital.com. This podcast is issued by Cazenove Capital which is part of the Schroder Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Nothing in this podcast should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested. This podcast may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements. All data contained within this podcast is sourced from Cazenove Capital unless otherwise stated.

The UK's Financial Conduct Authority and Prudential Regulation Authority's co-ordinated operational resilience Policy Statements came into force on 31st March 2022. The regulatory framework globally has also been developing around operational resilience, particularly against the backdrop of the global pandemic and with technological advancements. Listen to Richard Pounder, Global Head of Operational and Resilience Risk for Securities Services at HSBC and Mhairi Sandeman, Senior Product Manager for Global Trustee and Fiduciary Services at HSBC's Securities Services as they discuss the operational resilience requirements for in-scope UK firms, operational resilience regulatory developments in other jurisdictions globally, and the operational resilience considerations for global firms. Hosted on Acast. See acast.com/privacy for more information.

As we head into 2022, Jo and Maxine look back at the past year of Climate Risk Podcasts, reviewing key learnings from our guests and discussing recent trends in climate risk management. From lawyers to professors, regulators to entrepreneurs, we've had a great variety of guests talk about a wide range of topics over the last year. This episode re-examines the rich knowledge that has been shared on the Climate Risk Podcast over the last 12 months, creating a narrative of climate risk wisdom to guide our listeners through this fast-moving field. So, today's episode will explore: What we've learnt about the scale and nature of climate risks How mitigation and adaption strategies are evolving, and what capabilities risk professionals must develop to manage these risks more effectively What to expect as a sustainability and climate risk professional in 2022   Links from today's discussion: Net Zero Article: https://climate.garp.org/insight/making-sense-of-cop26-a-short-guide-to-the-why-when-and-how-of-reaching-net-zero/ Sustainable Bonds Article: https://climate.garp.org/insight/sustainable-bonds-understanding-this-growth-area/ Sixth IPCC Report: https://www.ipcc.ch/report/sixth-assessment-report-working-group-i/   For more information on climate risk, visit GARP's Climate Resources Hub: https://climate.garp.org/ If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com   ------------------   Speaker Bios Jo Paisley, President, GARP Risk Institute (GRI), has worked on a variety of risk areas at GRI, including stress testing, operational resilience, model risk management and climate risk. Her career prior to joining GARP spanned public and private sectors, including working as the Director of the Supervisory Risk Specialist Division within the Prudential Regulation Authority and as Global Head of Stress Testing at HSBC. Maxine Nelson, Senior Vice President, GARP Risk Institute (GRI), currently focusses on climate risk management. Previous roles have included operational risk modelling at NAB, leading KMPG London's credit risk team, senior consultant at Oliver Wyman, responsibility for counterparty credit risk at the UK Financial Services Authority, and Global Head of Wholesale Risk Analytics and Head of Capital Planning at HSBC.

Cloud Security News this week 12 Jan 2022 UK's financial regulators - The Prudential Regulation Authority is looking to increase it's monitoring of Cloud providers like AWS, Azure and Google Cloud. According to Financial times, they are looking to gain more access to data from these cloud providers because the impact outages and cyberattacks have on British Banks. They are looking at implementing more robust outages and disaster recovery tests given the increasing reliance UK banks have on a handful of cloud providers. A lot of major British banks have partnerships with cloud providers “AWS has announced deals with Barclays and HSBC, while Lloyd Banking Group holds partnerships with Google Cloud and Microsoft Azure.”. There is an increasing concerns about the impacts on the banks should these cloud providers experience outages. You can view the financial times article here Speaking of regulators and how they are dealing with cloud providers, a few weeks ago in December Chinese regulators have “suspended an information-sharing partnership with Alibaba Cloud Computing” over concerns that it failed to promptly report and address a cybersecurity vulnerability. According to 21st Century Business Herald, citing a recent notice by the Ministry of Industry and Information Technology “Alibaba Cloud did not immediately report vulnerabilities in the popular, open-source logging framework Apache Log4j2 to China's telecommunications regulator”.This comes after, according to Reuters “The Chinese government has asked state-owned companies to migrate their data from private operators such as Alibaba and Tencent to a state-backed cloud system by next year.” From what we understand, there is no statement from Alibaba Cloud on this yet. You can read more about this here. Gartner's Report can be found here. Redhat's Report can be found here. Podcast Twitter - Cloud Security Podcast (@CloudSecPod) Instagram - Cloud Security News If you want to watch videos of this LIVE STREAMED episode and past episodes, check out: - Cloud Security Podcast: - Cloud Security Academy:

Cloud Security News this week 12 Jan 2022 UK's financial regulators - The Prudential Regulation Authority is looking to increase it's monitoring of Cloud providers like AWS, Azure and Google Cloud. According to Financial times, they are looking to gain more access to data from these cloud providers because the impact outages and cyberattacks have on British Banks. They are looking at implementing more robust outages and disaster recovery tests given the increasing reliance UK banks have on a handful of cloud providers. A lot of major British banks have partnerships with cloud providers “AWS has announced deals with Barclays and HSBC, while Lloyd Banking Group holds partnerships with Google Cloud and Microsoft Azure.”. There is an increasing concerns about the impacts on the banks should these cloud providers experience outages. You can view the financial times article here Speaking of regulators and how they are dealing with cloud providers, a few weeks ago in December Chinese regulators have “suspended an information-sharing partnership with Alibaba Cloud Computing” over concerns that it failed to promptly report and address a cybersecurity vulnerability. According to 21st Century Business Herald, citing a recent notice by the Ministry of Industry and Information Technology “Alibaba Cloud did not immediately report vulnerabilities in the popular, open-source logging framework Apache Log4j2 to China's telecommunications regulator”.This comes after, according to Reuters “The Chinese government has asked state-owned companies to migrate their data from private operators such as Alibaba and Tencent to a state-backed cloud system by next year.” From what we understand, there is no statement from Alibaba Cloud on this yet. You can read more about this here. Gartner's Report can be found here. Redhat's Report can be found here. Podcast Twitter - Cloud Security Podcast (@CloudSecPod) Instagram - Cloud Security News If you want to watch videos of this LIVE STREAMED episode and past episodes, check out: - Cloud Security Podcast: - Cloud Security Academy:

What can we learn about why people get tempted into bad choices through their own life narratives and the incentives and circumstances they are exposed to, from its portrayal in film? Quite a lot, it seems!  Gemma Rogers, Co-Founder, FINTRAIL sits down with Niels to explore all of this, and more, based on the 1993 American legal thriller 'The Firm'.  Niels Pedersen is the author of Financial Technology: Case Studies in Fintech Innovation. He is a Chartered Accountant and Senior Lecturer on Manchester Metropolitan University's MSc Financial Technology degree. Before entering academia, he worked at PwC and the Prudential Regulation Authority. In addition to his university teaching, Niels conducts corporate training seminars on technology-related topics. His thoughts have been featured in Newsweek, the Financial Times, and on BBC Radio Scotland. 

During the pandemic, we all got used to working virtually. The business of Zoom has exploded and it is such a common feature in our lives that it has become a verb. We are all zooming. As restrictions are eased, the discussion is heating up about what the “new normal” looks like. The CEO of Zoom expects sales to rise more than 40% this year. Some organisations order there employees back into the office while others announce that their employees are free to work from anywhere. The future of work has arrived. What do boards need to think about? What does it mean for the controls of the business?Welcome to the Better Boards podcast series. In this episode, I am delighted to talk with John Mongelard about Hybrid working and controls – What should boards think about?I am Dr Sabine Dembkowski, Founder and Managing Partner of Better Boards. We make the boards of the most ambitious organisations more effective. We do this by providing clients with an evidence-based approach for board evaluations and board development programmes.To fulfil our mission, we give a voice to all who care about creating better boards.John Mongelard leads ICAEW's programme on financial services issues that have a risk or regulation theme. In his role, he looks at how financial services issues such as misconduct, crypto-currencies, corporate governance and IFRS 9 are influencing financial services firms, their regulators and lending to the real economy. John joined ICAEW from the Prudential Regulation Authority. John worked in various supervision roles and looked at the large UK banks, international banks and insurance companies. He has undertaken risk assessment work on bank capital, business models, risk management frameworks and corporate governance. How can we help you and your board to become more effective? We at Better Boards are always delighted to hear from you. Get in touch. You can best reach us at info@better-boards.com. The Better Boards Podcast has been selected as one of the Top 10 Corporate Governance Podcasts by Feedspot.      

Together, Clair and Bella, discuss Clair's diverse career leading up to her current role as Chief Operating Officer for the Prudential Regulation Authority within the Bank of England, her experience of gender diversity and advice to women interested in a career in finance and technology. Clair Mills is currently, the Chief Operating Officer for the Prudential Regulation Authority (PRA), within the Bank of England. Clair is responsible for the PRA operations, this includes the delivery of the PRA's Operating Strategy, Budget, Internal Communications and Investment Portfolio. Other areas of responsibility include managing Data innovation, Regulatory and Business Change, Workforce planning and Diversity and Inclusion. Clair has over 20 years' expensive financial services experience, operating at board level and leading successful strategic and transformational change in a number of complex organisations, having started her career in the Building Society and Retail Banking sector, before moving into Operational and Technological Change Management Consultancy. Clair joined the Financial Services Authority in 2011 to lead the Internal Twin Peaks programme to transition to the PRA and FCA regulatory model, moving across to the Bank of England with the PRA. In her current role, as well as providing the leadership, management and vision necessary to support the business and to ensure that the proper operational controls are in place. Clair is also responsible for driving a demand-led data approach for the PRA, this includes giving keynote speeches both in the UK and internationally on topics such as Regulatory Technology (RegTech) and how regulators can take advantage of the advances in technology in the work we do. Clair is one of the few senior women in Central Banking and Regulation that work in the sphere. Alongside this role, Clair is a trustee for two charitable organisations, the Addington Fund and the Chartered Institute of Securities and Investments, where she also sits on the Audit and Risk Committee. Clair's home is a working farm in rural Devon, which she shares with her husband and son. Her passion since childhood is horses, together with helping out on the farm, this provides a great way to recharge batteries and is a very different challenge. 00:16: What is your background and how did you come to work in your current role? 08:39: Would you say that your current role is more FinTech, RegTech or SupTech oriented? 11:24: Do you think diversity is a problem in the industry anecdotally? 14:37: Has the lack of diversity affected your actions? 16:37: Why is diversity important especially in managerial positions and finance and technology? 19:34: Did you notice this diversity gap in your education or in entering the workforce or was there a time where it became more apparent to you? 21:20: Are there any steps we as a generation can take to minimise the gap? 25:20: How do you see the role of women in fintech evolving over the next few years? 26:26 What steps can younger generations of women interested in STEM take to be more proactive about creating changes? 28:43: What advice would you give to young women int arrested in finance or technology?

In the third episode of the Compliance Clarified podcast Susannah Hammond and Lindsey Rogerson discuss all things remuneration and what compliance officers around the world need to consider.The regulatory focus on remuneration, compensation and critically the design of bonuses goes back to the financial crisis and it's a measure of how crucial good bonus design is seen to be that the very first thing the Financial Stability Board did in the wake of the financial crisis was to implement supranational compensation standards seeking to drive better risk-aware behaviours. More than a decade later remuneration remains a key supervisory priority. As discussed in the podcast here are a selection of articles by Susannah and Lindsey: FSB cites UK good practice on compensation https://www.linkedin.com/posts/susannahhammond_fsb-cites-uk-good-practice-on-compensation-activity-6805809779756277760-qmhx Bank of England lab experiment on risks of relative performance pay https://www.linkedin.com/posts/susannahhammond_bank-of-england-lab-experiment-on-relative-activity-6805811791650664448-bSl2 Form L Q3.05 – which was deleted by Prudential Regulation Authority 2018 and only restored in January 2021 https://www.linkedin.com/feed/update/urn:li:activity:6806614095530471424/ COVID-19 fairness hangover heightens conduct risk for financial firmshttps://www.linkedin.com/feed/update/urn:li:activity:6806612121506471936/

Anyone who is involved in LIBOR transition, knows what a significant challenge it is. For some firms, models will be one of the most complex parts of the exercise. Our guests on our latest podcast are Dherminder Kainth, from the PRA's Traded Risk Measurement team, and Chris Heys, PwC Partner and one of our Global Model Risk Leads. With our host Laura Talvitie, they cover the impact of LIBOR transition on models, the latest PRA / FCA Dear CEO letter and what firms should do now.

Anyone who is involved in LIBOR transition, knows what a significant challenge it is. For some firms, models will be one of the most complex parts of the exercise. Our guests on our latest podcast are Dherminder Kainth, from the PRA's Traded Risk Measurement team, and Chris Heys, PwC Partner and one of our Global Model Risk Leads. With our host Laura Talvitie, they cover the impact of LIBOR transition on models, the latest PRA / FCA Dear CEO letter and what firms should do now.

Welcome to the first episode of series 2 of Thomson Reuters Regulatory Intelligence's Compliance Clarified podcast. For the second series we have an overarching theme of threats and particularly external ones – so there will be a recurring focus assessing what compliance functions need to consider which could impact their firm and the required good customer outcomes. In this episode Susannah Hammond is joined by Mike Cowan and Rachel Wolcott to discuss operational resilience, specifically operational resilience at the board room table, why this is an issue now, what the regulators have done and then also what firms need to consider. Below are the links mentioned in the podcast together with an article by Rachel: Speech by Lyndon Nelson, Deputy CEO & Executive Director, Regulatory Operations and Supervisory Risk Specialists at the U.K. Prudential Regulation Authority, entitled ”Operational resilience – outcomes in practice” https://www.bankofengland.co.uk/speech/2021/may/lyndon-nelson-uk-finance-webinar-building-operational-resilience Central Bank of Ireland consultation paper 140 on Cross Industry Guidance on Operational Resilience https://www.centralbank.ie/docs/default-source/publications/consultation-papers/cp140/cp140---cross-industry-guidance-on-operational-resilience.pdf?sfvrsn=5 ). Responses by July, 9 2021. U.K. Financial Conduct Authority Insights from the 2020 Cyber Coordination Groups https://www.fca.org.uk/publications/research/insights-cyber-coordination-groups-2020 Article on UK banks showing more operational resilience understanding https://www.linkedin.com/feed/update/urn:li:activity:6800392346098794496/ Further information on Thomson Reuters Regulatory Intelligence can be found here - https://legal.thomsonreuters.com/en/products/regulatory-intelligence

Find out more on our website: https://bit.ly/3qDdDYf In this webinar, Anita and Palvinder seek to: Put the incoming UK operational resilience regime in context and provide a view of its key elements; Give a flavor of BOE/PRA/FCA expectations; and Highlight why this framework is multidisciplinary and requires a change in perspective. Speakers: Anita Millar is a risk and public policy professional with over 20-years of experience working in the financial services sector. Her career spans risk management, audit, and consulting on regulatory change. She has held roles at ISDA, HSBC, Insight Investment, AFME, Northern Trust, and RBS. Her regulatory work spans cross-border regulation, Basel II (credit & operational risk), Basel III (capital & liquidity), MiFIR, EMIR, EU Banking Union and a proposed EU Financial Transaction Tax (FTT). She has also written research reports for City of London Corporation/TheCityUK and Invest Europe (previously EVCA). Palvinder Gill is a senior prudential and risk practitioner having held roles at Credit Suisse, Macquarie Group, Morgan Stanley, Nomura and Wells Fargo. He has also worked as a policy maker at the Bank of England and FSA and as a regulatory consultant at EY. His regulatory and risk prudential capital and liquidity projects including Basel II, Basel III, ICAAPs, ILAAPs, Recovery Plans, FRTB, IFR/IFD, Pillar 3 Disclosures and TCFD Climate disclosures.

Following the 2007-9 global financial crisis - the Basel framework underwent significant revisions. It's partly thanks to these changes that banks entered the Covid-19 pandemic induced crisis in a robust condition. Nonetheless, it remains unclear how deep and prolonged the current downturn will be and how many bad loans banks will notch up in the process. Therefore, could there be further revisions to the Basel framework? Particularly if the current crisis turns out to be particularly bad and badly damages the financial sector? Also, the world is far more divided than it was on the eve of the last financial crisis. How might this impact supervisory cooperation, deliberations within the Basel Committee and adherence to the Basel framework. And lastly, what impact might sustainable finance and climate change have on prudential frameworks? Addressing these topics is Bill Coen, former secretary general of the Basel Committee on Banking Supervision and chair of the IFRS Advisory Council. He also sits on the board of directors of the Toronto Centre, a global non-profit organisation that provides leadership training in financial supervision. Also, sharing his views is Paul Sharma, a Managing Director at Alvarez & Marsal and was a Deputy Head of the Prudential Regulation Authority and a former member of the Basel Committee See acast.com/privacy for privacy and opt-out information.

Dock9's MD, Mark Lusted, continues our Tech Talk series with Jon Hall, Chief Commercial Officer & Deputy CEO of Masthaven Bank, discussing the future of technology in the banking sector. Masthaven launched as a retail bank in 2016 and offers award-winning saving and lending products. Masthaven was recognised as 2019's Most Innovative Digital Retail Bank UK by CFI, the second consecutive win for the category. Masthaven won Best Second Charge Mortgage Lender in the Your Mortgage Awards 2018/19 and Customer Service of the Year in the Money Age Mortgage Awards in 2019. Masthaven was also awarded Best Specialist Lender in the Moneynet Personal Finance Awards 2019. Masthaven Finance has featured in 2015's The Sunday Times' Virgin Fast Track 100 (at number 81) and the bank ranked 240 in Financial Times' FT1000 list published in 2017. The bank is regulated by the Financial Conduct Authority and Prudential Regulation Authority.

Britain's banking sector has scrapped billions of dollars in shareholder dividends and share buybacks after the Bank of England requested the move to boost liquidity and help cope with the coronavirus pandemic.The British central bank, in a statement, said its Prudential Regulation Authority division had asked lenders to stop the payments until the end of the year.It also said it expects them not to pay any cash bonuses to top staff.In response, Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland, Santander and Standard Chartered all stated that they will scrap dividends and not pursue buybacks.--- Support this podcast: https://anchor.fm/newscast-africa/support --- Send in a voice message: https://anchor.fm/africabusinessnews/message Support this podcast: https://anchor.fm/africabusinessnews/support