Shows
Financial Services Risk and Regulation Unravelled PodcastEpisode 77 | Leeds Reforms – Regulating for growth in financial servicesThe Government launched its Financial Services Growth and Competitiveness Strategy, the sector-specific paper to support the broader Industrial Strategy and drive economic development across the UK. Aligning with the Chancellor’s annual Mansion House speech, the Government also launched the Leeds Reforms to simplify the regulatory landscape and catapult the strategy into action.
In this episode David Morrey and Ben Farmer highlight the key takeaways for financial service firms and outline how the Government will be supporting the sector.
2025-07-2226 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 76 | Regulatory Update: Complaints, credit and conductTune in for the latest regulatory developments shaping the UK financial services landscape and what these mean for you.
In this episode, David Morrey and Ben Farmer examine the FCA’s proposals to simplify complaints reporting, including the removal of group-level submissions and the introduction of standardised six-monthly intervals.
They also talk about the FCA’s review of the Register, updates to value assessments for authorised fund managers, and the final rules for trading unlisted securities under the new Private Intermittent Securities and Capital Exchange System (PISCES) regime.
You'll also hear about:
the...2025-06-1825 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 75 | Regulatory Update: FCA begins rule simplification in insurance and mortgage marketsThe Financial Conduct Authority (FCA) plans to strip outdated or duplicated requirements from its insurance rule book.
In this episode of the podcast David Morrey, Partner, Head of Investment Management, and Ben Farmer, Senior Manager, review what this means for firms.
The conversation also covers:
mortgage rule simplification
pooled funds and consumer credit regulatory returns
FCA's thematic review on small asset managers and alternative managers
FCA's engagement paper on AI live testing
regulation of crypto assets.
2025-05-2224 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 74 | Regulatory Update : 5 year Financial Conduct Authority StrategyThe Financial Conduct Authority (FCA) has published its 5-Year Strategy (2025 – 2030). In this episode David Morrey, Partner, Head of Investment Management, and Ben Farmer, Senior Manager, review its core focus areas:
Reducing and preventing serious harm
Setting and testing higher standards
Promoting competition and positive change
In addition to the strategy, they also discuss the FCA's other priorities, and explain what they mean for businesses in the future.
Read our insight to uncover that the FCA's business strategy for 2025 - 20230 means for firms - A new strategy for 2025 - 2030
Note: The FCA’s Regulat...2025-04-1623 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 73: Regulatory update - from deregulation trends to consumer protectionJoin David Morrey and Ben Farmer as they explore the latest regulatory developments and their impact on the financial services industry.
In this episode, they discuss:
Regulatory Changes & Updates: The FCA’s decision not to proceed with certain proposals, including diversity and inclusion rules, enforcement disclosure changes, and the sustainability disclosure regime for delegated portfolio managers.
Consumer Support & Vulnerability: Insights into good and poor practices in consumer support and vulnerability.
Ongoing Advice & Remediation: A deep dive into the FCA’s guidance on ongoing advice.
Motor Finance Redress: Updates on the potential industry-wide redress scheme for m...2025-03-3127 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 72: Financial Services challenges and trendsThe financial services industry will continue to evolve throughout 2025. It’s important to look beyond individual compliance requirements and consider the broader themes driving these policy shifts — from government initiatives and socio-political factors to reactive responses to emerging consumer issues.
In this episode, Head of Financial Services, Alex Ellerton, is joined by Paul Garbutt (Partner, Head of Banking and Capital Markets), Rob Benson (Partner, Head of Insurance), and David Morrey (Partner, Head of Investment Management) to explore the key trends and challenges impacting financial services and its various sectors.
The conversation cover...2025-03-131h 00Financial Services Risk and Regulation Unravelled PodcastEpisode 71: Regulatory update - green shoots of growthDavid Morrey and Ben Farmer discuss the responses from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) on adapting to the Treasury's prioritisation of growth.
They also discuss the FCA's thematic review of wholesale brokers' anti-money laundering initiatives and the implications of its controversial email retention policy, as well as the ongoing Supreme Court case involving finance providers, the FCA and Markos Markou, and more.
2025-02-2725 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 70: Regulatory update - What should we expect in 2025?David Morrey and Ben Farmer discuss the regulatory issues that they expect will have a significant impact on the financial services sector in 2025, including motor finance remediation and the future of the FCA Handbook.
They also ask what the growth agenda (and the Chancellor’s Christmas challenge to each regulator) will mean in practice.
2025-01-2420 min
Ignite & Scale - The Cambria Private Capital Podcast with Mike AllenDriving Growth: Scaling Strategies, Tech Innovations, and Financial Insights for the Automotive Industry with Owen EdwardsIn this episode of Ignite & Scale, host Mike Allen engages in a compelling conversation with Owen Edwards, an expert in automotive business consulting at Grant Thornton UK LLP. They delve into the intricacies of scaling businesses within the automotive sector, discussing strategies for sustainable growth, the impact of emerging technologies, and the evolving landscape of automotive finance. Owen shares his insights on navigating industry challenges and offers advice for entrepreneurs and investors looking to make informed decisions in this dynamic market.Key Topics Discussed:• Scaling Strategies: Effective methods for business expansion in th...2025-01-0917 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 69: Regulatory update – where are we at the end of 2024?In our final episode of the year, David Morrey and Ben Farmer discuss the latest updates on the motor finance saga, where the Supreme Court has expedited an appeal involving Close Brothers, and the FCA's involvement in urging a swift resolution.
The conversation also covers other topics related to this regulator:
Consumer Duty feedback, and review of it in annual reports
Insight on complaints and root cause analysis
Consultation on the 'name and shame' rules
Changes around MiFID in the FCA handbook
Other topics include reporting requirements for life insurers, advice guidance boundary review, and t...2024-12-2327 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 68: Regulatory update – the Government's financial services reformsIn the latest episode David Morrey and Ben Farmer discuss a bumper list of current regulatory issues as previewed in Rachel Reeves's Mansion House speech, aimed at unlocking innovation and growth:
Modernising the Financial Ombudsman Service
The Government's desire to modernise the Financial Ombudsman Service framework, including the previously issued call for inputs.
Certification regime consultation
An upcoming consultation on replacing the certification regime with a more proportionate system to reduce costs.
National payments
The Government's plan to publish a national payments vision and launch a pilot t...2024-12-0428 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 67: Navigating motor insurance total loss claimsIn this episode, we delve into the key aspects of motor insurance total loss claims.
Blandine Arzur-Kean, Managing Director, Grant Thornton is joined by colleague Philip Tregurtha, Director, Grant Thornton and Kate Pender, CEO, Fair4All Finance, to discuss:
best practices for vehicle valuation and settlement processes
fair and standardised processes for settling claims
supporting vulnerable customers
building trust with policy holders
valuation challenges and claim frequencies associated with electric vehicles.
2024-11-1822 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 66: Court of Appeal ruling on motor finance commissionDavid Morrey, Head of Financial Services Regulatory Advisory, and Paul Garbutt, Head of Banking, discuss the recent Court of Appeal decision regarding motor finance complaints, which requires greater disclosure of commissions paid to brokers and explicit consent from borrowers.
This decision has significant implications for the industry, extending beyond regulatory requirements to contract law. During the episode we cover judgement overview, disclosure requirements, industry impact, implications for lending contracts and industry reaction, and risk mitigation.
2024-11-1216 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 65: Reflecting on one year of the Consumer DutyIt’s been over a year since the financial services industry began embedding the Consumer Duty for existing products. The FCA’s relentless focus on good consumer outcomes is reshaping the landscape.
In our latest podcast episode Blandine Arzur-Kean is joined by regulatory experts David Morrey, Peter Lovegrove, and Supriya Manchanda to discuss:
the impact of the Consumer Duty
challenges firms are facing around management information, data, outcomes testing, and ensuring good results for customers
product governance and fair value assessments
future of conduct regulation
opportunities with AI
Do you need guidance on the Consumer Duty? You c...2024-10-2828 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 63: Regulatory update - Regulatory Initiatives Grid 2024As the eighth edition of the FCA's Regulatory Initiatives Grid was delayed due to the General Election, an interim update to the November 2023 publication has been released for the period October 2024 to March 2025.
In this episode of the podcast, David Morrey and Ben Farmer pull out 10 key takeaways:
Diversity and inclusion
Basel 3.1 rules
Prudential framework
FCA's updated enforcement guide
Remuneration regime consultation
Multi-firm review of vulnerable customers advice
Guidance boundary review
External redress and remediation rules
Capital requirements for financial advice firms
Investment advice assessment tool
2024-10-2118 min
IfG EventsHow can a Labour government ensure it invests well in public services?Many of the government’s objectives, including improving the performance of public services, will rely on good investment. But current plans imply investment spending plans will be tight. This event explored how the Labour government can ensure it invests well in public services. Speakers:Rt Hon Darren Jones MP, Chief Secretary to the TreasuryAnita Charlesworth, Director of Research and the REAL Centre (Research and Economic Analysis for the Long term) at the Health FoundationThomas Pope, Deputy Chief Economist at t...2024-10-041h 00Financial Services Risk and Regulation Unravelled PodcastEpisode 63: Regulatory update: FCA's clear verdict – why firms are still missing the markDavid Morrey and Ben Farmer dive into the latest key regulatory updates.
Consumer Duty
The FCA's thematic review 24/2 on product governance and its implications for the market, including the importance of firms adhering to product governance rules and the FCA's expectations around product reviews, fair value assessments, and the need for firms to provide evidence to support their conclusions. There is also similar feedback on Consumer Duty outcomes monitoring.
Audit firms' fines
Recent actions taken by the FCA against audit firms, specifically fines imposed on PwC and...2024-09-1819 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 62: Regulatory Update - Consumer Duty; let the rule changes beginDavid Morrey and Ben Farmer dive into the latest key regulatory update topics, which include:
Consumer Duty: discussion of the Consumer Duty one year after its establishment, focusing on the consequential changes and the FCA's call for input on updating the handbook to align with the Consumer Duty principles
Handbook changes: insights into the Financial Conduct Authority’s (FCA) request for firms to identify areas in the handbook that create complexity or confusion, potentially leading to updates in the handbook
Commercial insurance: examination of the definition of a consumer in the context of commercial insurance, with a discussion on...2024-08-2217 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 61: Regulatory update – Diversity to de-banking: The FCA's Roadmap for 2024David Morrey and Ben Farmer discuss the impact of the general election on the financial services sector, such as the delays to the Regulatory Initiatives Grid, the Finance Act, the alternative investment fund designation bill, and the FCA's proposals on naming and shaming. Other topics discussed include:
The FCA's decision to allow four insurers to resume selling GAP insurance after withdrawing it from the market due to concerns over fair value and commission levels
The speech by the chair of the FCA on the future regulatory framework for asset management, including the potential for simplifying the Alternative Investment F...2024-06-2138 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 60: Motor finance claims - what's next for consumers and firmsIn this episode we discuss the latest developments and challenges in the motor finance industry.
Irina Velkova is joined by two of her Grant Thornton colleagues; fellow Director, Darren Castle, and Supriya Manchanda, Partner, as well as Adrian Dally, Motor Finance and Strategy Director at the Finance and Leasing Association.
The podcast looks at the FCA’s investigation into the historical discretionary commission arrangements and potential implications for consumers, lenders, dealers, and brokers.
They also discuss the regulator's actions and timelines for reviewing the DCAs and assessing consumer harm and potential redress. Finally, th...2024-06-1740 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 60: Motor finance claims - what's next for consumers and firmsWe discuss the latest developments and challenges in the motor finance industry. Irina Velkova, Director at Grant Thornton, is joined by Supriya Manchanda, Partner at Grant Thornton, Darren Castle, Director at Grant Thornton and Adrian Dally Director is Motor Finance and Strategy at Finance and Leasing Association. The podcast covers:
FCA’s investigation into the historical discretionary commission arrangements and potential implications for consumers, lenders, dealers and brokers
FCA’s actions and timelines for reviewing the DCAs and assessing consumer harm and potential redress
Best practices and preparations that firms should be doing now to deal with the compl...2024-06-1340 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 59: Regulatory update - FCA regulation updates and challengesThe controversy over the FCA’s proposal to name and shame firms under investigation and the political and industry opposition to it, PRA Business Plan and its focus on international policy, growth and AI regulation and the FCA’s finalised guidance on anti-greenwashing are just some of the key topics discussed by David Morrey and Ben Farmer in this episode. Other developments discussed include; FCA’s consultations on extending the sustainability disclosure regime to portfolio managers and FCA’s enforcement action against Link Financial Services for its failures in overseeing the Woodford funds.
2024-05-3042 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 58: Regulatory update – FCA Business PlanThe FCA Business Plan 2024/25 landed slightly earlier than usual, but the content and structure are very similar to last year's plan. There's a continuation of familiar regulatory proprieties, but the growing remit and responsibilities of the FCA are clear. David Morrey and Ben Farmer delve into it, and discuss what it means for businesses in the rest of the year and beyond. Other key topics include the FCA’s enforcement consultation paper, Treasury Select Committee’s Sexism in the City report, social media financial promotions guidance, and more.
2024-04-1841 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 57: Insurance challenges and trends for 2024The insurance industry is undergoing a transformative journey driven by digital innovation, regulatory scrutiny, and enhanced consumer expectations.
In our latest podcast, Head of Financial Services, Alex Ellerton is joined by Rob Benson, Partner, Head of Insurance, and Stuart Riddell, Director, to explore the key themes for the sector in 2024. The conversation covers Consumer Duty, AI, climate and sustainability, data and governance and mergers and acquisitions.
2024-04-0834 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 56: Banking and capital markets challenges and trends for 2024Volatile interest rates, AI, and technology, regulation, and macroeconomic uncertainties are just some of the challenges the banking and capital markets will continue to face this year. The sector will need to ensure they have the correct processes, governance, and agility to adapt effectively.
In our latest podcast, Head of Financial Services, Alex Ellerton is joined by Paul Garbutt, Partner, Head of Banking Advisory, and Ed Allen, Managing Director of BRS, to explore the key themes for the sector in 2024.
2024-03-1438 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 55: Regulatory update – FCA feedback on Consumer Duty implementationThe FCA has published an insight setting out examples of good and bad practice that it has observed in firms' implementation of the Consumer Duty.
David Morrey and Ben Farmer discuss the FCA’s thematic feedback on the implementation, highlighting good and bad practices. Other developments discussed include: the FCA’s intervention in the GAP insurance market, the PRA’s sector letters for insurance and banking, and a significant consultation on how the FCA Enforcement approach could change.
2024-03-1245 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 54: Investment management challenges and trends for 2024The year ahead is set to bring both opportunities and reasons for caution to investment managers, with challenges spanning the uncertain impact of regulatory change, emerging technologies, and the long-running struggle with shrinking margins.
In our latest podcast, Head of Financial Services, Alex Ellerton is joined by David Morrey, Partner, Head of Investment Management, and Jonathan Charles, Director, to explore the key themes for the sector in 2024. The conversation covers Consumer Duty, AI, sustainability, macroeconomic factors, and future proofing.
2024-03-0127 min
Invest In Yourself: The Digital Entrepreneur PodcastDigital Entrepreneur Naren Balakrishnan Talks about Grant Thornton LLPHow did Digital Entrepreneur Naren Balakrishnan invest in himself to be able to run Grant Thornton LLP?That's what your Podcast Mogul Phil Better is here to do.Join Phil as he asks about continuing to lead teams and influence innovation policies in Canada and how https://www.linkedin.com/in/narenbalakrishnan/ is currently something they are dealing with in their business!We also discuss why The Compound Effect by Darren Hardy is a book they recommend for entrepreneurs.Make sure to listen until the end for a special treat!Remember to Invest In...2024-02-2331 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 53: Regulatory update – PPI with wheels on?Could the ongoing Financial Conduct Authority (FCA) investigation into the motor finance industry could be as big as the PPI scandal? David Morrey and Ben Farmer discuss the ongoing motor finance market review and what it could mean for the industry. Other developments discussed include: the overseas fund regime, PRA sector priority letters, an update on the Ringfencing Regime review, a near-record fine from the PRA, Labour’s FS policy, and much more.
2024-02-1542 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 52: Regulatory update – Horizon scanning and regulatory developmentsDavid Morrey and Ben Farmer discuss regulatory topics for 2024 that will have a significant impact on institutions operating in the financial services space. They also touch upon Consumer Duty next steps, operational resilience and expected supervisory activity over the next 12 months.
2024-01-1831 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 51: COP28 Principles for Responsible BankingIn this episode Irina Velkova welcomes Eric Usher, head of the UNEP Finance Initiative, to discuss its Principles for Responsible Banking (PRB). We also addressed The Paris Agreement, critical agreements for COP28, challenges hindering global efforts to finance sustainable projects, and delivering climate goals.
2023-12-2029 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 50: COP28 transforming financeIn this episode, Irina Velkova welcomes Niki Mardas, Executive Director of Global Canopy, to discuss nature-positive investments, COP28 notable moments and key takeaways, the State of Finance for Nature report, and TNFD final recommendations for nature-risk management and disclosure.
2023-12-1938 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 49: regulatory update – a Christmas hamper of new regulationsIn our final podcast of the year David Morrey and Ben Farmer discuss the latest edition of the Regulatory Initiatives Grid and recap on regulatory policy publications covering access to cash, sustainability disclosures, critical third parties, the advice guidance boundary and much more.
2023-12-1846 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 48: COP28 investing in the transition to a more sustainable economyIn this episode Irina Velkova welcomes Chris Dodwell, Head of Policy and Advocacy at Impax Asset Management, live at COP28, to discuss the role of investors in contributing to climate solutions. We also covered what's happened since The Paris Agreement, critical agreements for COP28, and investors approach to risk, including policy risk and country risks.
2023-12-1246 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 47: COP28 the role of insurance in accelerating transitionCan insurance be a force for good in the fight against climate change? In this episode Irina Velkova welcomes Anthony Hobley, Senior Strategic Advisor at Howden Group, live at COP28 to discuss the role of insurance with respect to net zero nature-positive transition. We also covered acceleration of carbon extraction development and carbon capture storage, as well as standardisation of carbon tracking.
2023-12-1126 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 46: COP28 driving sustainabilityWe bring you this episode live from COP28, where Irina Velkova welcomes Michael Mainelli, Lord Mayor of the City of London. The Lord Mayor has voiced that climate action is investable and solvable, so in this episode we delve into this further, discussing the important decisions that will come out of COP28, carbon credit-trading, and Government Green Bonds.
2023-12-0718 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 45: COP28 fossil fuel phaseoutFossil fuel debate takes centre stage as COP28 continues in UAE, with more than 100 countries already supporting a phase-out to bring fossil fuel emissions to zero.
We bring this episode live from COP28 where Irina Velkova welcomes Andrew Griffiths, Director of Policy & Partnerships at Planet Mark, to discuss the latest update on fossil fuel phase-out. The key talking point is the claim by Sultan Ahmed Al Jaber, President of COP28, that there's ‘no science’ indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C. Decarbonisation of the global energy system and ramping up cl...2023-12-0633 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 44: regulatory update - moving the dial on diversity and inclusionDavid Morrey and Ben Farmer discuss new reporting changes for diversity and inclusion (D&I) and how firms will need to improve their D&I strategies, reporting further on disability and ethnicity alongside the already-reported gender pay gap.
Other developments discussed include: Consumer Duty, crypto, interest rates, and much more – sharing insight on how firms and consumers can prepare for the changes ahead.
2023-11-2740 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 43: Regulatory update: Delivering ’fair value’ through the Consumer DutyWhat factors affect 'fair value' for the Consumer Duty?
Setting higher and clearer standards for firms of consumer protection within the financial services sector, David Morrey and Ben Farmer discuss the FCA's Consumer Duty initiative and the outcomes that it's trying to achieve through 'fair value' in their recent regulatory update.
Other developments discussed include: cost of living, crypto, lending and mortgages, and much more – sharing insight on how firms and consumers can prepare for the changes ahead.
2023-10-0646 min
Africa Legal Podcast'Following the money trail' with RPC Law firm and Grant Thornton LLPIn this podcast, seasoned asset recovery professionals Alan Williams and Amaechi Nsofor discuss how the illicit flow of funds and assets can be recovered and restored to Africa.
The United Nations Economic Commission for Africa estimated that last year a whopping $84 billion was lost through the illicit flow of funds from Africa. To put this figure into context, that's reportedly more than all of the money Africa receives each year in development aid.
“If you could tackle this problem, Africa wouldn't need any development aid at all,” said Alan Williams, an experienced commercial litigator at RPC, specialising in banking and fina...2023-09-1838 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 42: What are the key priorities for internal audit?In a fast-changing financial services landscape internal audit has become a force of innovation in its own right. Can your own function keep up with the pace?
To find out more about what’s happening in internal audit, listen to a special episode of our financial services regulatory podcast.
Rob Benson and Vivian Lagan from our financial services business risk team are joined by a panel of experts to discuss our recent Internal Audit Report 2022/23:
Fotoulla Charalambous, Chief Internal Auditor, EBRD
Carley Eaton, Chief Internal Auditor at Provident Financial Group
Nick Curle, Chief Auditor, Natwe...2023-09-0451 min
Excel against the OddsWorking with a Chronic Illness - an interview with Jenn Barnett, a culture change and EDI specialist and psychologist at Grant ThorntonIn this episode of the Excel against the Odds podcast, I am delighted to be joined by Jenn Barnett, a culture change and EDI specialist and psychologist and UK Lead for ESG and EDI for the fifth largest professional services firm; Grant Thornton UK LLP.
In this fascinating discussion, we discuss;
- How chronic illness can affect your confidence in the workplace and how mentoring can help
- Applying for promotion when your chronic illness is always front of mind
- Adjustments and accommodations that organisations can make2023-09-0132 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 41: regulatory update – cost of living pressuresAs the cost-of-living crisis continues to impact the UK, households are facing challenges with repayments and interest rates: from mortgages to everyday spending.
In July’s regulatory update, David Morrey and Ben Farmer discuss the latest pressures on businesses: the Consumer Duty, mortgage and interest rates, Solvency II, enforcement cases, and more – sharing insight on how firms and consumers can prepare for the changes ahead.
2023-08-021h 10Financial Services Risk and Regulation Unravelled PodcastEpisode 40: Consumer Duty - a strong case for mastering technologyThe next Consumer Duty deadline comes into force in July this year. Introducing new arrangements, enhancing existing governance, making fair value assessments, monitoring processes, and ensuring they can demonstrate compliance by the deadline has been an intensive and challenging journey for many firms.
In this episode, Irina Velkova welcomes Joseph Twigg, CEO at Aveni, and Simon Murphy, Sales and Marketing Director at Vizolution, to our Risk and Regulation Unravelled podcast to discuss the major role that regtech firms play in supporting implementation of the Duty, and the value of technical solutions.
2023-06-2646 min
The Student Lawyer PodcastLife of an Insolvency and Asset Recovery Practitioner with Kevin Hellard of Grant Thornton UK LLP**Interested in learning more about the University of Law, who are the sponsors of this podcast episode? Click here to view the courses on offer (https://bit.ly/3xhsefp) (Ad)**
In this episode, Stephanie Anais is joined by Kevin Hellard, Partner, Offshore Delivery Leader, and UK Insolvency and Asset Recovery Practice Leader at Grant Thornton UK LLP.
During the episode, Kevin explains the role and responsibilities of insolvency and asset recovery practitioners, the type of cases that practitioners are assigned, and the onshore and offshore jurisdictions they operate in.
Specifically, Kevin discusses Grant...2023-05-231h 07Financial Services Risk and Regulation Unravelled PodcastEpisode 39: regulatory update – the upcoming Consumer Duty deadlineAs the next Consumer Duty deadline fast approaches, David Morrey and Ben Farmer discuss what looms for firms, and which assessments will help them meet the new requirements as they prepare for the significant restructuring of consumer protections.
Other developments discussed include: sustainability, greenwashing, mortgages, the Prudential Regulation Authority’s Business Plan, climate change, and much more – sharing insight on how firms and consumers can prepare for the changes ahead.
2023-05-1739 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 38: regulatory update – consequences of the (latest) banking crisisIn this episode David Morrey and Ben Farmer discuss learnings from the collapse of SVB, the FCA Business Plan, the Financial Services and Markets Bill's progress through the House of Lords, and the first consultation on the Senior Managers and Certification Regime – sharing insight on how firms and consumers can prepare for the changes ahead.
2023-04-2527 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 37: regulatory update - FCA Business PlanThe Financial Conduct Authority (FCA) has published its Business Plan for 2023/24. This year the plan has a strong alignment with the FCA’s strategy, focusing on better outcomes for consumers and markets. The regulator will be accelerating its work in four areas over the next year: putting customers’ needs first; preparing financial services for the future; strengthening the UK’s position in wholesale markets; reducing and preventing financial crime.
David Morrey and Ben Farmer delve deeper into the FCA’s priorities and discuss what it means for businesses in the rest of the year and beyond.
2023-04-1921 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 36: Sustainability Disclosure Requirements - where do we stand now?The FCA has made it clear in their recent consultation paper that it is determined to tackle greenwashing and has highlighted that it will apply the marketing guidelines as early as June 2023, once the final rules are published.
In this episode, Irina Velkova is joined by Sarah Woodfield, Active Ownership Manager at Schroders, and Kate Boulden, Associate Director, Alternative Investment Management Association, for a conversation around sustainability disclosure requirements (SDR), and what we may see coming later this year in the final rules.
Please note: this podcast was recorded before the FCA updates on SDR...2023-04-1737 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 35: banking challenges and trends 2023Basel 3.1, interest rate environment, regulation and macroeconomic uncertainty are just some of the challenges the banking sector will continue to face this year. Banks need to ensure they have the correct processes, governance, and agility to adapt effectively.
In our latest podcast, our regular host Irina Velkova is joined by Paul Garbutt, Partner, leader of our financial (prudential) regulatory practice, and Simon Hills, Director of Prudential Regulation at UK Finance to explore the key themes for the banking sector in 2023.
2023-04-0452 min
Breaking Barriers, Building a Hire GroundBreaking Barriers Building a Hire Ground – Episode 128: On Presence, Excellence, and Managing Risk with Durran Dunn from Grant Thornton“Good financial stability and wellness of the company, coupled with good people, is every business’s heartbeat. Without them, the likelihood that a company can survive is low.” – Durran Dunn
Durran Dunn is an accomplished business professional currently serving as the Managing Director for Grant Thornton’s Advisory, Governance, Risk, Compliance, and Controls practice. Over his 20 years of experience leading global businesses in accounting, finance, and internal audits, Durran has worked in multiple industries, including manufacturing, consumer products, media & entertainment, and biopharmaceuticals. In addition to his work with Grant Thornton, he is a professional athlete, a popular member of...2023-04-0430 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 34: investment management challenges and trends for 2023It's set to be another challenging year for investment managers who must navigate macroeconomic headwinds and make big calls on investments and risk, all while the industry tackles long-term structural challenges (and opportunities) around margins and technology.
Following the success of last year’s ‘top trends’ series for financial services sectors, Irina Velkova is joined by David Morrey and Jonathan Charles to discuss 2023's key trends in the investment management sector, including ESG, AI, Blockchain, the Edinburgh Reforms and Consumer Duty.
2023-03-2340 min
The Motor SectorThe Motor Sector Podcast with Owen Edwards, Automotive Business Consulting at Grant Thornton UK LLPIn this episode of The Motor Sector podcast, Zeus’ Mike Allen talks to Owen Edwards, Automotive Expert at Grant Thornton.Owen is part of the automotive advisory mergers and acquisitions team at Grant Thornton. He has a large range of experience in: Automotive distribution and retail, global composite, dashboard and KPI analysis, company and financial analysis, and strategic five-year planning.Owen and Mike discussed Owen’s career and background, challenges for OEMs, supply chain and the EV market in 2023.This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417...2023-03-1326 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 33: regulatory update - Regulatory Initiatives Grid 2023The Financial Conduct Authority (FCA) has released the sixth edition of the Regulatory Initiatives Grid. There was a delay in the publication (originally expected November 2022) so regulators could consider how the Edinburgh Reforms will impact the regulatory pipeline and initiatives in the coming years.
David Morrey and Ben Farmer explain the new initiatives added to the February 2023 Grid.
2023-03-0819 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 32: regulatory update – FCA Feedback on Consumer DutyThe FCA's Consumer Duty regulation sets higher and clearer expectations for financial services firms, requiring them to put customers’ needs first.
As we creep up to the relevant phased deadlines for implementing the regulation, David Morrey and Ben Farmer look at key feedback, including Dear CEO letters for sectors, and multi-firm reviews. David and Ben also discuss financial hot topics, including: Buy Now Pay Later, crypto-consultation, the Financial Services and Markets Bill, and much more – sharing insight on how firms and consumers can prepare for the changes ahead.
2023-03-0138 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 31: A financial services forecast for 20232022 gave us new operational resilience expectations, the Consumer Duty, and a magnified outlook on climate change and biodiversity. But with firms now integrating these changes into their strategies, what will the year ahead bring?
In this episode Irina Velkova is joined by Robert Hannah, Head of International, Large Corporate and Governance Advisory, who also sits on our strategic leadership team, and Alex Ellerton, Head of Financial Services, They'll discuss what developments we expect in 2023, including in response to geopolitical tensions, AI, sustainability, cryptocurrency, the cost-of-living crisis and other economic pressures.
2023-02-1640 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 30: regulatory update - the Edinburgh ReformsThe Edinburgh Reforms will consist of over 30 regulatory changes, aiming to lead development and competitiveness in financial services. As the Chancellor only announced 13 of them in his December speech, there's still plenty of scope to speculate on what they might look like.
Alongside a discussion of the reforms, David Morrey, and new co-host Ben Farmer, tackle other developments within financial services: Consumer Duty; recent FCA board minutes; inclusion and diversity; and enforcement cases. They'll be looking back on their 2022 highlights to share guidance on how firms can prepare for the changes ahead.
Related content: Edinburgh Refo...2023-01-2642 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 29: regulatory update – a reflective farewell to 2022, and Gavin StewartOut with the old regulatory year, in with the new.
We close in on the end of 2022 and reflect on another 12 months of risk and regulation.
This month also marks Gavin Stewart's farewell appearance on the podcast. On their final regulatory update together, he talks to David Morrey about the Edinburgh Reforms, the deleted call in power and a festive season-sized package of regulatory developments.
Join us again in 2023, for a new year and a new co-host for David.
2022-12-1549 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 28: regulatory update – should we be waving goodbye to de-regulation?Is meaningful de-regulation quietly fading into the background of the new government’s plans? Will regulatory independence become a political battleground?
In our latest podcast David Morrey and Gavin Stewart discuss the latest developments, including: the Bank of England, Financial Services and Markets Bill, Mansion House speeches, de-regulation agenda, and recent enforcement cases – sharing insight on how firms and consumers can prepare for the changes ahead.
2022-11-1749 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 27: the insurance sector – tackling challengesThe relatively dramatic developments in financial markets that the UK is enduring are impacting many areas of life. The insurance sector has been affected by it too, although it's demonstrating a remarkable robustness, given the global turmoil in the last couple of years.
In this episode, Irina Velkova, is joined by Paul Cooper, Group Chief Financial Officer at Hiscox, Charlotte Clark, Director of Regulation at the Association of British Insurers, and Rob Benson, Partner at Grant Thornton UK LLP, to discuss resilience in the insurance sector, and how to overcome its current challenges.
2022-11-0953 minFinancial Services Risk and Regulation Unravelled PodcastEpisode 26: regulatory update – regulation in the age of uncertaintyHow are firms and consumers responding to the fluctuations of the cost-of-living crisis?
A lot has happened over the last few months, and after short breaks in the sun, taking time to ready the new Consumer Duty final rules of course, David Morrey and Gavin Stewart are back to discuss the latest regulatory developments including: the prime minister, the cost-of-living crisis, 'mortgage prisoners', pension schemes, and more, sharing insight on how firms and consumers can prepare for the changes and challenges ahead.
Note: as this podcast was recorded earlier in October, sudden changes in the...2022-10-2051 min
We Are Power PodcastHow to Accelerate Social Mobility & Celebrate AlliesSimone Roche MBE chats to Karen Campbell-Williams and Jenn Barnet representing Grant Thornton who won the Large Organisation Award at the 2022 NPWAwards. Grant Thornton is one of the world's largest professional service networks of independent assurance, tax and advisory businesses with member firms in over 135 countries. The UK member firm, Grant Thornton UK LLP is one of the largest UK accounting and business advisers.Together Simone, Karen and Jenn chat about all things NPW Awards and promoting social mobility. Listen to learn: What winning the NPW Large Organisation award meant to Karen, Jenn and the...2022-09-2621 min