Risk based Regulation
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Senior Managers Regime summary and a fresh perspective - Influence Inc.

Senior Managers Regime summary and a fresh perspective - Influence Inc. | Risk based Regulation | Scoop.it
Our Senior Managers Regime summary also reveals our unique perspective making it different to the many whitepapers written on the subject.
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Compliance rocks - how to get ahead and not lose your mind - Influence Inc.

Compliance rocks - how to get ahead and not lose your mind - Influence Inc. | Risk based Regulation | Scoop.it
There are far too many compliance experts selling complexity when they should be removing it. Get it right and get ahead.
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Insurance CEOs say over-regulation top threat to growth

Insurance CEOs say over-regulation top threat to growth | Risk based Regulation | Scoop.it
Insurance CEO's say over-regulation top threat to growth
Paul Dyer's insight:

With Solvency II scheduled to come into effect from 1 January 2016, solutions are at hand to remove the threat to growth and create a positive from the negative; solutions to address Pillar 2, the qualitative aspect of a companies internal controls, risk management process and approach to supervisory review and Pillar 3, reporting and disclosure where organisations must develop internal processes and systems in order to produce these reports. Influence has a portfolio of innovative tools and techniques to stimulate growth not threaten it. 

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UK: price comparison websites are failing to meet FCA and consumer expectations - Lexology (registration)

UK: price comparison websites are failing to meet FCA and consumer expectations - Lexology (registration) | Risk based Regulation | Scoop.it
UK: price comparison websites are failing to meet FCA and consumer expectations Lexology (registration) Price Comparison Websites (PCWs) are increasingly popular among consumers and are a key distribution channel for retail general insurance...
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FCA cost of closed book probe spirals to £2.2m | News | Money ...

FCA cost of closed book probe spirals to £2.2m | News | Money ... | Risk based Regulation | Scoop.it
The FCA has set aside an additional £500,000 to cover the cost of legal advice for senior staff in its closed book review inquiry, sending the total cost of the botched briefing soaring to more than £2m.
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Networks under pressure from FCA culture clampdown - Citywire

Networks under pressure from FCA culture clampdown - Citywire | Risk based Regulation | Scoop.it
It was hit with a four-and-a-half month recruitment ban by the Financial Conduct Authority (FCA) for failing to supervise and control its appointed representatives (ARs) adequately to minimise the risks of mis-selling and the ...
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Cayman included on FCA high-risk list - Royal Gazette

Cayman included on FCA high-risk list - Royal Gazette | Risk based Regulation | Scoop.it
Cayman included on FCA high-risk list
Royal Gazette
The FCA explained they assess jurisdictions using publicly available information and indices.
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Settlements make up 97% of fines collected by FCA, says research - Financial Times

Settlements make up 97% of fines collected by FCA, says research - Financial Times | Risk based Regulation | Scoop.it
Settlements make up 97% of fines collected by FCA, says research
Financial Times
The level of FCA fines has risen sharply, partly because of a series of misconduct and mis-selling scandals at banks.
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FCA Fines RBS, NatWest For Failures In Mortgage Advice Process - RTT News

FCA Fines RBS, NatWest For Failures In Mortgage Advice Process - RTT News | Risk based Regulation | Scoop.it
FCA Fines RBS, NatWest For Failures In Mortgage Advice Process
RTT News
The firms did not adequately address the failings when concerns were raised about the quality of the advice process by the FCA's predecessor the Financial Services Authority.
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KPMG says big changes are ahead for banks’ accounts following new standard on bad debts | Firm News | The Lawyer

KPMG says big changes are ahead for banks’ accounts following new standard on bad debts | Firm News | The Lawyer | Risk based Regulation | Scoop.it
KPMG has commented following the IASB’s issuance of the fourth and final version of its new standard on financial instruments accounting — IFRS 9 Financial Instruments.
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Singapore MAS plans to implement risk-based capital 2 framework from 2017 - Insurance Business Review

Singapore MAS plans to implement risk-based capital 2 framework from 2017 - Insurance Business Review | Risk based Regulation | Scoop.it
Singapore MAS plans to implement risk-based capital 2 framework from 2017 Insurance Business Review In order to accommodate evolving market practices in the insurance industry and in international accounting and regulatory standards, MAS is...
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High-quality professional advice aligns the service with the fee, not the product - Professional Planner

High-quality professional advice aligns the service with the fee, not the product - Professional Planner | Risk based Regulation | Scoop.it
Professional Planner
High-quality professional advice aligns the service with the fee, not the product
Professional Planner
... to Generation X and Y.
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Making innovation work for firms and consumers - Financial Conduct Authority

Making innovation work for firms and consumers - Financial Conduct Authority | Risk based Regulation | Scoop.it
Making innovation work for firms and consumers (Speech:Martin Wheatley on the importance of the relationship between regulators & firms as UK fintech boom takes hold http://t.co/Xs39pBFdSO)...
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Bar Standards Board launches risk based strategic plan - Influence Inc.

Bar Standards Board launches risk based strategic plan - Influence Inc. | Risk based Regulation | Scoop.it
Influence Inc support new risk based regulatory approach at the Bar Standards Board
Paul Dyer's insight:

Influence were in attendance for the Q&A session and keenly involved in the initiative on the part of the Bar Standards Board

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Miraculous conversion

Miraculous conversion | Risk based Regulation | Scoop.it
ALMOST everyone agrees: before the financial crisis, banks were hooked on debt. In 2007, a year before its failure, Lehman Brothers held equity (the money...
Paul Dyer's insight:

The proposed Equity Recourse Note (ERN) hybrid is a great innovation driven by market conditions to offer flexibility when it is needed most - in a downturn.  It allows firms, not regulators, to decide on the best funding mix; both parties can be satisfied and all for the greater good. The article goes on to suggest that the ERN innovation has stimulated other thought leaders to pave the way in other areas - government debt and mortgages.

Innovation requires novelty and value - this has both. Such innovation should be welcomed with open arms - let's hope so.

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FCA's supervision director Clive Adamson to step down - Telegraph.co.uk

FCA's supervision director Clive Adamson to step down - Telegraph.co.uk | Risk based Regulation | Scoop.it
Report on the watchdog's handling of a life insurance probe is due next week
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CBA National Magazine - Bring innovators like LegalZoom inside the regulatory tent

CBA National Magazine - Bring innovators like LegalZoom inside the regulatory tent | Risk based Regulation | Scoop.it
Bringing LegalZoom inside the tent - Proper regulation of legal services can also encourage innovation.... http://t.co/5AaOb23EuR
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FCA fines Lloyds £105m over Libor and benchmark rigging | News ...

FCA fines Lloyds £105m over Libor and benchmark rigging | News ... | Risk based Regulation | Scoop.it
Lloyds Banking Group has been fined £105m by the FCA for trying to manipulate Libor and the amount it had to pay to the Bank of England to access the Special Liquidity Scheme. The FCA says it is the joint third highest fine ...
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FCA fines Stonebridge £8.3 million for poor oversight of sales process - Lexology (registration)

FCA fines Stonebridge £8.3 million for poor oversight of sales process - Lexology (registration) | Risk based Regulation | Scoop.it
FCA fines Stonebridge £8.3 million for poor oversight of sales process Lexology (registration) The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance Ltd (Stonebridge) £8,373,600 in relation to sales of accident...
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UK Financial Conduct Authority (FCA) Publishes Supervisory Approach to ... - The National Law Review

UK Financial Conduct Authority (FCA) Publishes Supervisory Approach to ... - The National Law Review | Risk based Regulation | Scoop.it
FT Adviser
UK Financial Conduct Authority (FCA) Publishes Supervisory Approach to ...
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Deutsche Bank fined £4.7m by FCA over derivatives transactions

Deutsche Bank fined £4.7m by FCA over derivatives transactions | Risk based Regulation | Scoop.it
London branch of Germany's largest bank 'incorrectly reported' 29m transactions from November 2007 until April last year (Deutsche Bank fined £4.7m by FCA over derivatives transactions http://t.co/6kfcAnWsiw)...
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Guest post: Where now for legal regulation? – A consensus to change the UK ... - Legal Business (blog)

Guest post: Where now for legal regulation? – A consensus to change the UK ... - Legal Business (blog) | Risk based Regulation | Scoop.it
Legal Business (blog)
Guest post: Where now for legal regulation? – A consensus to change the UK ...
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Will Proposed Airline Rules Really Help Passengers? - Huffington Post

Will Proposed Airline Rules Really Help Passengers? - Huffington Post | Risk based Regulation | Scoop.it
Will Proposed Airline Rules Really Help Passengers?
Huffington Post
Passenger advocates hope that after a 90-day comment period, the proposed regulation will bring positive changes to the way Americans fly.
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Future themes for Connected Business - Financial Times

Future themes for Connected Business - Financial Times | Risk based Regulation | Scoop.it
Future themes for Connected Business
Financial Times
Manufacturing leaders must satisfy shifting customer and regulatory requirements while at the same time driving product and process innovation. ...
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IMF calls for changes in regulatory framework - Irish Examiner

IMF calls for changes in regulatory framework - Irish Examiner | Risk based Regulation | Scoop.it
IMF calls for changes in regulatory framework
Irish Examiner
The light touch regulatory approach involved very little direct and invasive supervision of banks.
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