27 April 2021
Following draft regulations published in December 2019, regulators have recently published their rules and guidance regarding building operational resilience. We’ve broken down the main points – read more here.
06 January 2021
How can boards and managers of financial services firms achieve growth whilst managing risks and meeting regulatory obligations? The answer lies in internal audit. Find out how RSM can help provide the internal support that financial services organisations are looking for.
06 January 2021
Co-sourced internal audit is a collaborative partnership between in-house teams and an externally appointed provider. This approach can help to plug resource and knowledge gaps and help to complete a specific project or task on time. Find out about RSM’s co-sourced internal audit solutions here
06 January 2020
The PRA published the latest in sequence of Dear CEO letters on the subject of regulatory reporting at the end of October. Consistent with earlier ones, this letter reiterates firms’ obligations to ensure regulatory returns are accurate, compliant with the rules and that the reporting framework is subject to an adequate degree of governance and oversight.
02 September 2019
By the 9th December 2019 all solo-regulated firms will have to be compliant with the FCA’s new Senior Manager & Certification Regime (SMCR) and with the SMCR stocktake report published by the FCA last month (FCA SMCR Stocktake Report) it’s clear that conduct, culture and accountability are still firmly in the spotlight.
01 November 2018
As with the other three principles, the PRA gives sound, common sense guidance overall but leaves a lot of practical matters untouched and questions unanswered.
25 September 2018
Have you got a robust model development and implementation process and can you demonstrate it to the regulator?
12 September 2018
Historically, whistleblowing and policies around it has been more embedded in financial services than other industries, with FCA requirements around an 'effective risk management system' outlining policies and procedures around whistleblowing and the whistleblower themselves. But are firms adhering to the FCA handbook to pay lip service, or are incidents being taken seriously?
15 August 2018
Leading audit, tax and consulting firm RSM has appointed Rob Gordon as a risk assurance partner to lead its financial services internal audit and assurance offering in London and the South East.