In this episode, host Tessa Norman is joined by two PwC Directors: Julia Ramsay, a specialist in Third Party and Supply Chain Risk, and Tom Kohler, a specialist in Financial Services Resilience and Risk Management, to explore the regulation of critical third parties (CTPs). Our expert guests delve into the details of the incoming regulatory regime for CTPs, sharing insights on the outcomes policymakers are seeking to achieve, and the steps CTPs and financial services firms can take to prepare for the proposed new rules. Our guests also exchange perspectives on broader regulatory measures aime ..read more

In this episode, host Tessa Norman is joined by Director Esther Rawling, and Senior Manager Lucas Penfold from PwC’s Sustainability practice, for a deep dive into the EU’s Corporate Sustainability Reporting Directive (CSRD).  Our expert guests delve into implementation hurdles facing banks, asset managers and insurers, and share practical tips to overcome those challenges as they prepare for the upcoming reporting deadlines. Our guests also share perspectives on the pace and scale of sustainability regulatory change in the UK and beyond, how that’s likely to be shaped by political change ..read more

In the first episode of 2024, host Tessa Norman is joined by Isabelle Jenkins, PwC UK’s Financial Services Industry Leader, and Lord Gavin Barwell, a PwC Senior Advisor and former MP and Chief of Staff to Theresa May, to look ahead to the geopolitical, economic and regulatory drivers set to shape financial services this year.  Our guests explore the implications of a fast-evolving and complex global landscape, discussing the swathe of upcoming elections and their impact on policy and regulation in 2024. Our guests also reflect on the regulatory and market trends influencing financial ser ..read more

In this episode, guest host Andrew Strange is joined by Amanda Wick, Founder and CEO of the Association for Women in Crypto, and Laura Talvitie, Digital Assets Lead in PwC’s Financial Services Regulatory Insights team, to delve into the world of digital assets. Our expert guests discuss the recent developments in digital asset regulation, both in the UK and globally, and share their perspectives on the direction of future policy evolution. Our guests reflect on the use cases of digital assets for the traditional financial services sector, as well as share their perspectives on the value of di ..read more

In this episode, guest host Andrew Strange is joined by Stephen Pegge, Managing Director at UK Finance, and Katy Bennett, a Director leading PwC’s Diversity, Equity and Inclusion consulting business, to explore how the financial services sector is embracing diversity and inclusion (D&I). Our expert guests reflect on the enhanced regulatory focus on D&I in the sector, and discuss the challenges facing firms in meeting the proposed new regulations. Our guests also share insights on the steps firms are taking to drive positive change within the industry, including through data gathering ..read more

In this episode, host Tessa Norman is joined by James Williams, a Senior Manager in PwC’s Banking Conduct team, and Lin Yang, a Senior Manager in PwC’s Technology, Data and Analytics team, to share reflections on firms’ implementation of the FCA’s Consumer Duty. Our expert guests explore firms’ transition from project mode to business-as-usual,and how they can leverage innovative technology and data solutions to meet the ongoing demands of the Duty and deliver better customer outcomes in a sustainable way. Our guests also discuss where the FCA is focusing its supervisory attention and how its ..read more

In this episode, host Tessa Norman is joined by Adam Gilbert, PwC’s Global Senior Regulatory Advisor on financial services, and Conor MacManus, a Director in PwC’s Financial Services Regulatory Insights team, to explore the evolving regulatory landscape in the United States and the UK. Our expert guests delve into the areas of alignment and divergence in the agenda of policymakers and regulators, and what these mean for firms. Our guests share their perspectives on regulatory responses to recent market disruption, as well as exchange views on Basel III implementation and the expanding consumer ..read more

While our team takes a well-earned summer break, we'd like to take this opportunity to reshare one of our most popular episodes from our last series. In this re-run episode, host Andrew Strange delves into the Metaverse world to discuss the risks and opportunities for financial services. Expert guests Yanna Zhu from PwC’s Metaverse Technologies team, and Laura Talvitie, a Senior Manager in PwC’s FS Regulatory Insights team, break down the developing Metaverse landscape and discuss current trends and the drivers behind its recent high profile. Our guests also analyse what the future may look li ..read more

Series 5 Episode 2: Sustainability reporting - decoding CSRD In this episode, host Tessa Norman is joined by Justine Dixon, a Senior Manager in PwC’s Sustainability practice, and Lucas Penfold, a Senior Manager in PwC’s Regulatory Insights team, to take an in-depth look at the EU’s Corporate Sustainability Reporting Directive (CSRD). Our guests explore the details of the EU’s CSRD package and the steps firms should take to prepare as the implementation period enters a critical phase. They also exchange views on how CSRD interacts with developments in UK sustainable finance regulation, the ch ..read more

Welcome to a brand new series of Risk & Regulation Rundown. In this episode, new host Tessa Norman is joined by David Croker, leader of PwC’s Asset and Wealth Management risk and regulatory business and a partner in PwC’s sustainability practice, and Harry Howe, a Director in PwC’s Banking team, to spotlight the ever critical role of governance in how firms respond to the evolving regulatory and economic landscape.  Our guests look at the intensifying supervisory focus on governance, and the challenges firms need to overcome to meet the regulators’ evolving expectations. They also di ..read more