Financial Services Faculty events and webinars
Stay up-to-date with the fast moving world of financial services by attending our events and webinars. Our 2021 schedule is available to view.
Banking
Practical guidance, commentary and support on the banking sector for financial services professionals.
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Banking Focus
Information sheet about Buy Now Pay Later
The Financial Conduct Authority (FCA) has recently published a review of change and innovation in the unsecured consumer credit market where it focussed on unregulated BNPL products. This information sheet aims to assist readers by providing a background of what BNPL products are, giving a summary of the FCA review including resulting changes to expect and links to further information.
Complying with guidance on the treatment of vulnerable customers
Due to the impact of Covid-19, the number of potentially vulnerable customers has increased exponentially. Over a quarter of UK adults have low financial resilience.
How best to educate financial services about climate change
The Financial Services Faculty is working to help integrate nature-related financial risks into insurers’, banks’ and asset managers’ business models.
Seven ways bank credit provisions are changing
ICAEW’s John Mongelard talks to credit risk experts to understand how they look at the unprecedented risks in front of them and the tools to deal with it.
Hedge accounting and Negative Interest Rates
Negative interest rates continue to persist in Europe and look an increasing possibility in the UK. Stacey Howard, a Director in KPMG’s Financial Sector Assurance Services practice considers the potential impact on hedge accounting.
Regulating Buy Now Pay Later
Gavin Stewart, Director in Grant Thornton’s Financial Services Group, spent 27 years as a regulator at the Bank of England, Financial Services Authority and Financial Conduct Authority. Here he looks at the path to regulating the Buy Now Pay Later market.
Eight points on supply chain financing
ICAEW Financial Services Faculty commissioning editor Brian Cantwell talks to a supply chain finance expert to get some technical advice on best practice with supply chain finance.
Inflation is going up
Sunday Times economics editor David Smith asks what inflation could mean for the economy and how central banks might react.
IFRS 9
ICAEW annual review and financial statements
Annual review and financial statements.
10 accounting and disclosures questions finance should be asking about LIBOR transition
ICAEW's Financial Services Faculty highlights 10 questions to inform the critical areas of accounting and financial disclosure that are being impacted by LIBOR transition.
Unlocking the secrets of IFRS 9
Grant Thornton Head of Risk and Finance Assurance, Retail Banking Shuvo Banerjee looks at how the new accounting standard has impacted bank risk models.
COVID-19 and Stress Testing
Stress testing is an important tool that is used by regulators for an increasingly wider set of firms. This webinar will help you understand the latest rules and how they work with the latest accounting standard, IFRS 9.
Regulation
The transition away from Sterling LIBOR
A simple introductory guide for businesses to the global transition away from (Sterling £) LIBOR provided by ACT, CBI, ICAEW and UK Finance.
ISDA Statement on UK FCA LIBOR Announcement
ISDA has published the following statement in response to the announcement by the UK Financial Conduct Authority (FCA) on the future cessation and loss of representativeness of the LIBOR benchmarks.
Six areas the PRA wants banks to prioritise in 2021
The Prudential Regulation Authority wants banks and deposit-takers to prioritise these things for this year, writes Faculty Commissioning Editor Brian Cantwell.
Libor transition - what you need to know
What is LIBOR and what you need to know
Find out what is IBOR reform, why LIBOR will be phased out and why it matters as well as the plan for the UK, challenges and risks.
The transition away from Sterling LIBOR
A simple introductory guide for businesses to the global transition away from (Sterling £) LIBOR provided by ACT, CBI, ICAEW and UK Finance.
IBOR reform for UK businesses – preparing yourself
How to prepare your business for the changes to IBOR, specifically when LIBOR will cease to exist in 2021.
Corporate governance
ICAEW publishes guide to IFRS 9 and COVID-19
20 April 2020: ICAEW’s Financial Services Faculty has published a guide to help banks and their auditors deal with the effects of coronavirus on financial reporting under IFRS 9 Financial Instruments.
8 ways the 5th Anti Money Laundering Directive will affect financial services firms
The European Commission are now applying more focus on anti-money laundering risks and have said that they may open infringement proceedings against countries lagging behind on the new anti-money-laundering rules.
TSB IT fiasco a corporate governance failure
Laura Miller discovers the corporate governance failings that led to the TSB IT crash, which left customers locked out of online accounts and drew regulatory attention.
Counting on ethics when it comes to data management
Paula Smith examines how a strong ethical approach can help financial services firms cope with the changing world of data management
Pre-recorded webinars
LIBOR Transition: The Regulators' View
The FCA and Bank of England, in conjunction with ICAEW Financial Services, give their perspective on LIBOR Transition
COVID-19 and Stress Testing
Stress testing is an important tool that is used by regulators for an increasingly wider set of firms. This webinar will help you understand the latest rules and how they work with the latest accounting standard, IFRS 9.
LIBOR Transition webinar
This webinar will give help gain an expert view on priorities for LIBOR transition, associated conduct risks and practical actions to take.
Helpsheets
COVID-19 challenges for business: Bounce Back Loan Scheme (BBLS) repayments
Helpsheet for small businesses starting their Bounce Back Loan Scheme (BBLS) repayments.
Reliability of regulatory returns how ICAEWs guidance can help
ICAEW’s Financial Services Faculty has guidance which can help banks and advisors respond to the issues raised in the recent Dear CEO letter from the Prudential Regulation Authority.
IFRS 9 - Briefing note for non-technical audience
Briefing paper from the Financial Services Faculty for a non-technical audience.
IFRS 9 - Briefing paper for analysts and other market participants
Briefing paper from the Financial Services Faculty.
Inspiring confidence
ICAEW's Inspiring Confidence campaign explores the issues affecting consumers and financial services providers in a rapidly changing world.
Banks, insurers and investment managers play vitally important roles within society, to encourage economic development and allow individuals and businesses to save, invest, insure and make payments. We must have confidence in them. Responsible providers, responsible consumers, better regulation and better information underpin this confidence.
Join Banking membership
Banking is fast moving and ever changing. Our unique perspective and ability to convene with stakeholders right across the financial services landscape, means we can provide you with industry insights, expert opinion, analysis and independent resources to put you ahead of the curve.