Displaying 1-17 of 17 results
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Major UK banks ECL capabilities have improved
- Article
- 30 Oct 2025
The PRA finds that major UK banks have improved their IFRS 9 Expected Credit Loss (ECL) capabilities but that certain risk remain elevated and encourages the banks to continue to look at challenging and enhancing their processes.
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Sustainability Reporting in Financial Services: A Progress Report
- Article
- 17 Jan 2025
Sustainability reporting is rapidly evolving as a critical component of corporate accountability and transparency, particularly in the financial services sector.
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Insights from FSB report on climate related vulnerabilities
- Article
- 17 Jan 2025
The Financial Stability Board (FSB) has released an important report titled Assessment of Climate-related Vulnerabilities: Analytical Framework and Toolkit,.
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Attesting time for financial services
- Article
- 01 Jul 2024
ICAEW’s Financial Services Faculty highlights the potential implications of the new Corporate Governance Code attestation requirement on banks and insurers.
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IFRS S2 Climate-related Disclosures: commercial banking and mortgage finance sector guidance
- Article
- 17 May 2024
IFRS S2 Climate-related Disclosures require an entity to disclose information about its climate-related risks and opportunities. The ISSB has published additional sectoral guidance to illustrate how aspects of IFRS S2 requirements may be applied.
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Climate based disclosure guidance under IFRS S2 for Insurers
- Article
- 16 May 2024
With the release of IFRS S2 Climate-related disclosure in June of 2023, insurers who are considering a voluntary application of the standard in advance of any endorsement by local authorities are looking into what the new requirements mean for them.
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Assurance challenges in the context of CSRD
- Article
- 20 Mar 2024
Polly Tsang, Senior Financial Services Regulatory Manager, considers some of the challenges of assurance over CSRD.
EFRAG aids SMEs with new sustainability data standard
- Article
- 06 Feb 2024
Exposure Draft proposes a simple reporting tool to help SMEs respond to requests for sustainability data from business partners such as banks, investors or larger company clients.
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The Sustainability Disclosure Regime and Investment Labels Goes Live in 2024
- Article
- 18 Jan 2024
In a world grappling with environmental and social challenges, investors are increasingly drawn to funds that align with sustainability goals.
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Challenges with accounting for insurance-associated emissions
- Article
- 21 Nov 2023
Similar to other areas within financial services, the insurance industry has a key role to play in enabling the transition to a net-zero economy.
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Exploring Critical Questions in CSRD Assurance for Professional Service Firms
- Article
- 16 Nov 2023
Polly Tsang, Financial Services Manager explores some of the issues Professional Services Firms need to be thinking about now with the introduction of the Corporate Sustainability Directive (CSRD) in 2025.
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Challenges with accounting for financed emissions
- Article
- 22 Sep 2023
In recent years, the issue of "financed emissions" has become a crucial aspect of the climate change discussion, highlighting the significant role that financial institutions play in contributing to greenhouse gas emissions.
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UK proposals on how to regulate ESG ratings providers
- Article
- 11 Aug 2023
Following HM Treasury’s consultation on its proposed regulatory regime for environmental, social, and governance (ESG) ratings providers, Polly Tsang, ICAEW’s Financial Services Regulatory Manager, outlines the planned rules and where they should be expanded.
Digital currencies: to programme or not to programme?
- Article
- 17 May 2023
As cryptocurrencies and blockchain technology continue to make waves in the financial services sector, central banks have begun to explore the idea of digital currencies.
Why green assets and bank capital don’t always mix
- Article
- 23 Mar 2023
ICAEW’s Simon Gibbs explores whether regulatory capital requirements should be used to promote green assets as we move towards a low-carbon economy.
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Bank capital and climate related risks
- Article
- 16 Mar 2023
The Faculty explains how climate-related risks can affect the capital requirements of a bank and asks whether regulatory capital requirements should be used to promote green assets.
Reforms required to unlock insurers’ green investment potential
- Article
- 05 Jul 2022
Insurance sector regulations that govern the capital treatment of investments into green infrastructure projects, such as offshore wind, must be reformed to combat climate change, say industry experts.
Displaying 1-17 of 17 results