Blog listing page

ECCTA Fraud Risk Analysis - Approach Considerations

Conducting a robust fraud risk analysis requires managers to define an appropriate scope, develop a comprehensive understanding of resources, business processes, and activities, estimate the likelihood and impact of risks using an appropriate risk matrix, and align existing controls with identified fraud risk factors. Ultimately, this enables an evaluation of the effectiveness of existing controls to support regulatory compliance.

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A Guide to TPRM Regulation (Part 2) Contracting & Onboarding

Topics: Investment & Asset Management, Insurance Sector, Retail Finance

October 25, 2022
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FCA Consumer Duty - Setting higher expectations for standards of care

Topics: Insurance Sector

October 12, 2022
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A Guide to TPRM Regulation (Part 1) Plan, Evaluate & Select

This is the first amongst a series of articles that will provide a broad overview of the PRA and FCA's regulations at each stage of the Third-Party Risk Management (TPRM) lifecycle. I will provide ...

Topics: Investment & Asset Management, Insurance Sector, Retail Finance

October 3, 2022
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Data Loss and Corruption - the failure scenario not to overlook

Introduction

Topics: Insurance Sector

September 20, 2022
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Insight Paper: Operational Resilience Framework, Strategy & Planning

Many in-scope firms are uncertain of how to achieve the aims of the 3-year Operational Resilience transitional period set by the regulators. In many cases they also don’t have a strategy that answers ...

Topics: Investment & Asset Management, Insurance Sector

August 24, 2022
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Understanding your gaps with Third-party Risk Management regulation

From our experience of reviewing and implementing financial services operational resilience, the Third-Party pillar usually requires action to enhance the approach and close urgent regulatory gaps.

Topics: Investment & Asset Management, Insurance Sector

July 29, 2022
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Operational Resilience Outlook - Internal challenges to consider

In my last blog, I discussed a few external indicators that should be considered in the transition period in order to build a mature view of resilience.

Topics: Investment & Asset Management, Insurance Sector

June 23, 2022
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Operational Resilience Outlook - External challenges to consider

Since the FCA and PRA published their Operational Resilience policy statement in March 2021, in-scope financial service firms have spent a lot of time and resources on developing a framework and ...

Topics: Investment & Asset Management, Insurance Sector

June 21, 2022
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