Financial Services Risk and Regulation Unravelled Podcast
Episodes
Episode 85 | Regulatory update: Where are we at the end of 2025?
12 Dec 2025
Contributed by Lukas
In this end-of-year episode, David Morrey and Ben Farmer take stock of the evolving regulatory landscape in financial services, exploring the impact o...
Episode 84 | Regulatory update: Safeguarding, consolidation and FCA’s expanding remit
10 Dec 2025
Contributed by Lukas
Join hosts David Morrey and Ben Farmer as they break down the latest regulatory developments and what they mean for firms and professionals navigating...
Episode 83 | Regulatory update: Motor finance redress
07 Nov 2025
Contributed by Lukas
In this episode, David Morrey and Ben Farmer dive into latest developments on motor finance compensation claims, including the Financial Conduct Autho...
Episode 82 | In conversation with the Lord Mayor
20 Oct 2025
Contributed by Lukas
In this episode, Alex Ellerton, Head of Financial Services, and Sarah Bell, Partner, are joined by The Rt Hon. Lord Mayor of London, Alastair King, fo...
Episode 81 | Regulatory update: Regulation, redress and growth
07 Oct 2025
Contributed by Lukas
In this episode, David Morrey and Ben Farmer unpack the latest regulatory developments in UK financial services. They discuss the FCA's campaign on ...
Episode 80 | Clarity, Confidence, and the Future of UK Payments
29 Sep 2025
Contributed by Lukas
Innovation is shaping the future of the payments industry, and the Financial Conduct Authority (FCA) is keen to ensure it heads in the right directi...
Episode 79 | Regulatory update: Motor finance, crypto ETNs, and enforcement actions
04 Sep 2025
Contributed by Lukas
In this episode, David Morrey and Ben Farmer unpack the Supreme Court judgement on motor finance commissions and its far-reaching implications for len...
Episode 78 | Regulatory update: Expanding accountability and evolving boundaries
04 Aug 2025
Contributed by Lukas
In this episode David Morrey and Ben Farmer discuss the Financial Conduct Authority's (FCA) new rules on tackling non-financial misconduct. The rules,...
Episode 77 | Leeds Reforms – Regulating for growth in financial services
22 Jul 2025
Contributed by Lukas
The Government launched its Financial Services Growth and Competitiveness Strategy, the sector-specific paper to support the broader Industrial Strate...
Episode 76 | Regulatory Update: Complaints, credit and conduct
18 Jun 2025
Contributed by Lukas
Tune in for the latest regulatory developments shaping the UK financial services landscape and what these mean for you. In this episode, David Morrey ...
Episode 75 | Regulatory Update: FCA begins rule simplification in insurance and mortgage markets
22 May 2025
Contributed by Lukas
The Financial Conduct Authority (FCA) plans to strip outdated or duplicated requirements from its insurance rule book. In this episode of the podcast ...
Episode 74 | Regulatory Update : 5 year Financial Conduct Authority Strategy
16 Apr 2025
Contributed by Lukas
The Financial Conduct Authority (FCA) has published its 5-Year Strategy (2025 – 2030). In this episode David Morrey, Partner, Head of Investment Ma...
Episode 73: Regulatory update - from deregulation trends to consumer protection
31 Mar 2025
Contributed by Lukas
Join David Morrey and Ben Farmer as they explore the latest regulatory developments and their impact on the financial services industry. In this ep...
Episode 72: Financial Services challenges and trends
13 Mar 2025
Contributed by Lukas
The financial services industry will continue to evolve throughout 2025. It’s important to look beyond individual compliance requirements and consid...
Episode 71: Regulatory update - green shoots of growth
27 Feb 2025
Contributed by Lukas
David Morrey and Ben Farmer discuss the responses from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) on adapting to ...
Episode 70: Regulatory update - What should we expect in 2025?
24 Jan 2025
Contributed by Lukas
David Morrey and Ben Farmer discuss the regulatory issues that they expect will have a significant impact on the financial services sector in 2025, in...
Episode 69: Regulatory update – where are we at the end of 2024?
23 Dec 2024
Contributed by Lukas
In our final episode of the year, David Morrey and Ben Farmer discuss the latest updates on the motor finance saga, where the Supreme Court has expedi...
Episode 68: Regulatory update – the Government's financial services reforms
04 Dec 2024
Contributed by Lukas
In the latest episode David Morrey and Ben Farmer discuss a bumper list of current regulatory issues as previewed in Rachel Reeves's Mansion House spe...
Episode 67: Navigating motor insurance total loss claims
18 Nov 2024
Contributed by Lukas
In this episode, we delve into the key aspects of motor insurance total loss claims. Blandine Arzur-Kean, Managing Director, Grant Thornton is joined ...
Episode 66: Court of Appeal ruling on motor finance commission
12 Nov 2024
Contributed by Lukas
David Morrey, Head of Financial Services Regulatory Advisory, and Paul Garbutt, Head of Banking, discuss the recent Court of Appeal decision regarding...
Episode 65: Reflecting on one year of the Consumer Duty
28 Oct 2024
Contributed by Lukas
It’s been over a year since the financial services industry began embedding the Consumer Duty for existing products. The FCA’s relentless focus on...
Episode 63: Regulatory update - Regulatory Initiatives Grid 2024
21 Oct 2024
Contributed by Lukas
As the eighth edition of the FCA's Regulatory Initiatives Grid was delayed due to the General Election, an interim update to the November 2023 publica...
Episode 63: Regulatory update: FCA's clear verdict – why firms are still missing the mark
18 Sep 2024
Contributed by Lukas
David Morrey and Ben Farmer dive into the latest key regulatory updates. Consumer Duty The FCA's thematic review 24/2 on product governance and its ...
Episode 62: Regulatory Update - Consumer Duty; let the rule changes begin
22 Aug 2024
Contributed by Lukas
David Morrey and Ben Farmer dive into the latest key regulatory update topics, which include: Consumer Duty: discussion of the Consumer Duty one year ...
Episode 61: Regulatory update – Diversity to de-banking: The FCA's Roadmap for 2024
21 Jun 2024
Contributed by Lukas
David Morrey and Ben Farmer discuss the impact of the general election on the financial services sector, such as the delays to the Regulatory Initiati...
Episode 60: Motor finance claims - what's next for consumers and firms
17 Jun 2024
Contributed by Lukas
In this episode we discuss the latest developments and challenges in the motor finance industry. Irina Velkova is joined by two of her Grant Thornton ...
Episode 59: Regulatory update - FCA regulation updates and challenges
30 May 2024
Contributed by Lukas
The controversy over the FCA’s proposal to name and shame firms under investigation and the political and industry opposition to it, PRA Business Pl...
Episode 58: Regulatory update – FCA Business Plan
18 Apr 2024
Contributed by Lukas
The FCA Business Plan 2024/25 landed slightly earlier than usual, but the content and structure are very similar to last year's plan. There's a contin...
Episode 57: Insurance challenges and trends for 2024
08 Apr 2024
Contributed by Lukas
The insurance industry is undergoing a transformative journey driven by digital innovation, regulatory scrutiny, and enhanced consumer expectations. I...
Episode 56: Banking and capital markets challenges and trends for 2024
14 Mar 2024
Contributed by Lukas
Volatile interest rates, AI, and technology, regulation, and macroeconomic uncertainties are just some of the challenges the banking and capital marke...
Episode 55: Regulatory update – FCA feedback on Consumer Duty implementation
12 Mar 2024
Contributed by Lukas
The FCA has published an insight setting out examples of good and bad practice that it has observed in firms' implementation of the Consumer Duty. Dav...
Episode 54: Investment management challenges and trends for 2024
01 Mar 2024
Contributed by Lukas
The year ahead is set to bring both opportunities and reasons for caution to investment managers, with challenges spanning the uncertain impact of reg...
Episode 53: Regulatory update – PPI with wheels on?
15 Feb 2024
Contributed by Lukas
Could the ongoing Financial Conduct Authority (FCA) investigation into the motor finance industry could be as big as the PPI scandal? David Morrey and...
Episode 52: Regulatory update – Horizon scanning and regulatory developments
18 Jan 2024
Contributed by Lukas
David Morrey and Ben Farmer discuss regulatory topics for 2024 that will have a significant impact on institutions operating in the financial services...
Episode 51: COP28 Principles for Responsible Banking
20 Dec 2023
Contributed by Lukas
In this episode Irina Velkova welcomes Eric Usher, head of the UNEP Finance Initiative, to discuss its Principles for Responsible Banking (PRB). We al...
Episode 50: COP28 transforming finance
19 Dec 2023
Contributed by Lukas
In this episode, Irina Velkova welcomes Niki Mardas, Executive Director of Global Canopy, to discuss nature-positive investments, COP28 notable moment...
Episode 49: regulatory update – a Christmas hamper of new regulations
18 Dec 2023
Contributed by Lukas
In our final podcast of the year David Morrey and Ben Farmer discuss the latest edition of the Regulatory Initiatives Grid and recap on regulatory pol...
Episode 48: COP28 investing in the transition to a more sustainable economy
12 Dec 2023
Contributed by Lukas
In this episode Irina Velkova welcomes Chris Dodwell, Head of Policy and Advocacy at Impax Asset Management, live at COP28, to discuss the role of inv...
Episode 47: COP28 the role of insurance in accelerating transition
11 Dec 2023
Contributed by Lukas
Can insurance be a force for good in the fight against climate change? In this episode Irina Velkova welcomes Anthony Hobley, Senior Strategic Advisor...
Episode 46: COP28 driving sustainability
07 Dec 2023
Contributed by Lukas
We bring you this episode live from COP28, where Irina Velkova welcomes Michael Mainelli, Lord Mayor of the City of London. The Lord Mayor has voiced ...
Episode 45: COP28 fossil fuel phaseout
06 Dec 2023
Contributed by Lukas
Fossil fuel debate takes centre stage as COP28 continues in UAE, with more than 100 countries already supporting a phase-out to bring fossil fuel emis...
Episode 44: regulatory update - moving the dial on diversity and inclusion
27 Nov 2023
Contributed by Lukas
David Morrey and Ben Farmer discuss new reporting changes for diversity and inclusion (D&I) and how firms will need to improve their D&I st...
Episode 43: Regulatory update: Delivering ’fair value’ through the Consumer Duty
06 Oct 2023
Contributed by Lukas
What factors affect 'fair value' for the Consumer Duty? Setting higher and clearer standards for firms of consumer protection within the financial s...
Episode 42: What are the key priorities for internal audit?
04 Sep 2023
Contributed by Lukas
In a fast-changing financial services landscape internal audit has become a force of innovation in its own right. Can your own function keep up with t...
Episode 41: regulatory update – cost of living pressures
02 Aug 2023
Contributed by Lukas
As the cost-of-living crisis continues to impact the UK, households are facing challenges with repayments and interest rates: from mortgages to everyd...
Episode 40: Consumer Duty - a strong case for mastering technology
26 Jun 2023
Contributed by Lukas
The next Consumer Duty deadline comes into force in July this year. Introducing new arrangements, enhancing existing governance, making fair value ass...
Episode 39: regulatory update – the upcoming Consumer Duty deadline
17 May 2023
Contributed by Lukas
As the next Consumer Duty deadline fast approaches, David Morrey and Ben Farmer discuss what looms for firms, and which assessments will help them...
Episode 38: regulatory update – consequences of the (latest) banking crisis
25 Apr 2023
Contributed by Lukas
In this episode David Morrey and Ben Farmer discuss learnings from the collapse of SVB, the FCA Business Plan, the Financial Services and Markets Bill...
Episode 37: regulatory update - FCA Business Plan
19 Apr 2023
Contributed by Lukas
The Financial Conduct Authority (FCA) has published its Business Plan for 2023/24. This year the plan has a strong alignment with the FCA’s strategy...
Episode 36: Sustainability Disclosure Requirements - where do we stand now?
17 Apr 2023
Contributed by Lukas
The FCA has made it clear in their recent consultation paper that it is determined to tackle greenwashing and has highlighted that it will apply the m...
Episode 35: banking challenges and trends 2023
04 Apr 2023
Contributed by Lukas
Basel 3.1, interest rate environment, regulation and macroeconomic uncertainty are just some of the challenges the banking sector will continue to fac...
Episode 34: investment management challenges and trends for 2023
23 Mar 2023
Contributed by Lukas
It's set to be another challenging year for investment managers who must navigate macroeconomic headwinds and make big calls on investments and risk, ...
Episode 33: regulatory update - Regulatory Initiatives Grid 2023
08 Mar 2023
Contributed by Lukas
The Financial Conduct Authority (FCA) has released the sixth edition of the Regulatory Initiatives Grid. There was a delay in the publication (origina...
Episode 32: regulatory update – FCA Feedback on Consumer Duty
01 Mar 2023
Contributed by Lukas
The FCA's Consumer Duty regulation sets higher and clearer expectations for financial services firms, requiring them to put customers’ needs first. ...
Episode 31: A financial services forecast for 2023
16 Feb 2023
Contributed by Lukas
2022 gave us new operational resilience expectations, the Consumer Duty, and a magnified outlook on climate change and biodiversity. But with firms no...
Episode 30: regulatory update - the Edinburgh Reforms
26 Jan 2023
Contributed by Lukas
The Edinburgh Reforms will consist of over 30 regulatory changes, aiming to lead development and competitiveness in financial services. As the Chancel...
Episode 29: regulatory update – a reflective farewell to 2022, and Gavin Stewart
15 Dec 2022
Contributed by Lukas
Out with the old regulatory year, in with the new. We close in on the end of 2022 and reflect on another 12 months of risk and regulation. This mont...
Episode 28: regulatory update – should we be waving goodbye to de-regulation?
17 Nov 2022
Contributed by Lukas
Is meaningful de-regulation quietly fading into the background of the new government’s plans? Will regulatory independence become a political battle...
Episode 27: the insurance sector – tackling challenges
09 Nov 2022
Contributed by Lukas
The relatively dramatic developments in financial markets that the UK is enduring are impacting many areas of life. The insurance sector has been affe...
Episode 26: regulatory update – regulation in the age of uncertainty
20 Oct 2022
Contributed by Lukas
How are firms and consumers responding to the fluctuations of the cost-of-living crisis? A lot has happened over the last few months, and after short ...
Episode 25: Meeting new operational resilience expectations
23 Aug 2022
Contributed by Lukas
The new operational resilience rules have been effective since March 2022, forcing firms to think much more about how they communicate with customers ...
Episode 24: Consumer Duty - an overhaul of consumer conduct regulation
05 Aug 2022
Contributed by Lukas
What changes have been made with the Consumer Duty’s final rules since the FCA’s last consultation? And when are financial services firms expected...
Episode 23: regulatory update - changing faces in government and at the FCA
27 Jul 2022
Contributed by Lukas
The FCA have appointed a new chair, six new directors, as well as an additional 500 hires. Will these leadership changes, as well as new leadership in...
Episode 22: regulatory update - a response to the inflationary crisis
29 Jun 2022
Contributed by Lukas
The new inflation figures have come out and a 40-year record has been set, impacting the cost-of-living crisis once again. As customers are feeling mo...
Episode 21 Biodiversity - the opportunity in financial services
15 Jun 2022
Contributed by Lukas
Financial services' role in driving climate change action now includes delivering the ESG agenda. Biodiversity is another environmental risk and incre...
Episode 20: regulatory update - the cost of living crisis
01 Jun 2022
Contributed by Lukas
On 5th May 2022, the Bank of England (BoE) announced the latest base rate of 1%, increasing from 0.25%, with potential continued small rises to inflat...
Episode 19: capital market trends – adapting to change in 2022
04 May 2022
Contributed by Lukas
Navigating 2022 requires resilience, preparation, and adaptation. Capital markets have encountered the immediate impacts of geopolitical fragility, wi...
Episode 18: regulatory update - FCA Business Plan 2022/23
28 Apr 2022
Contributed by Lukas
The Financial Conduct Authority (FCA) have published their Business Plan for 2022/23. This year the plan has a strong alignment with the FCA's strateg...
Episode 17: Banking challenges and trends 2022
14 Apr 2022
Contributed by Lukas
Geo-political factors, ESG, cyber risk and the struggle for talent are some of the challenges the banking sector will continue to face this year. On t...
Episode 16: What to expect for investment management in 2022?
06 Apr 2022
Contributed by Lukas
Kickstarting a new series, Irina Velkova is joined by David Morrey, Grant Thornton’s Partner, Head of Investment Management, to discuss the focus ar...
Episode 15: Regulatory update - The FCA responds to external events
31 Mar 2022
Contributed by Lukas
The Financial Conduct Authority (FCA) continues to respond to external events: including the impact on regulation of UK sanctions relating to Russia, ...
Episode 14: Financial services hot topics 2022
25 Mar 2022
Contributed by Lukas
What are the hot topics for the financial services industry in 2022? COVID-19 has dictated the narrative for the last two years, but as we transition ...
Episode 13: Regulatory update - The regulators changing focus
18 Mar 2022
Contributed by Lukas
Regulators are facing a shift in focus - with a big emphasis on responding to external events. With rising inflation rates, cost of living, possible ...
Episode 12: The future of work - Is hybrid working here to stay?
24 Feb 2022
Contributed by Lukas
Businesses all over the world are facing another large transformational change: hybrid working. And, change always brings challenge: from organisation...
Episode 11: Regulatory update - FCA’s 2022 priorities
26 Jan 2022
Contributed by Lukas
On 31 December 2021 the Financial Conduct Authority (FCA) issued a press release reviewing its highlights of the year. Now, it's time to ask, what wil...
Episode 10: Regulatory update - 2021 reflections
16 Dec 2021
Contributed by Lukas
As we approach the end of the year, the FCA has released its much-anticipated final consultation on the proposed new consumer duty. It seems to be lit...
Episode 9: Regulatory update - FCA‘s ESG strategy
01 Dec 2021
Contributed by Lukas
The Financial Conduct Authority (FCA) has released several updates this month, including publishing the Regulatory Initiatives Grid and the Future Reg...
Episode 8: The Future Regulatory Framework – preparing for the future of financial services
26 Nov 2021
Contributed by Lukas
HM Treasury published its final consultation paper for the Future Regulatory Framework (FRF) Review on 9 November 2021. The FRF sets out the governmen...
Episode 7: Regulatory update - crowded Q4 regulatory agenda
26 Oct 2021
Contributed by Lukas
Regulators and HM Treasury are expected to release several updates imminently including the Future Regulatory Framework (FRF) Review, Regulatory Initi...
Episode 6: Vulnerable customers – In conversation with HSBC UK
13 Oct 2021
Contributed by Lukas
Earlier this year, the FCA published its final guidance on the fair treatment of vulnerable customers. This is intended to drive a practical shift in ...
Episode 5: regulatory update — FCA moves on from COVID
29 Sep 2021
Contributed by Lukas
The Financial Conduct Authority (FCA) is trying to move on from COVID-19 in the last few months of 2021. As we prepare for 2022,David Morrey, Partner,...
Episode 4: Regulatory update - FCA Business Plan 2021/22
16 Jul 2021
Contributed by Lukas
The FCA published their Business Plan for 2021/22, setting an ambitious agenda for change. This year’s Business Plan can be viewed as an attempt to ...
Episode 3: Investment Firm Prudential Regime
29 Jun 2021
Contributed by Lukas
The UK Investment Firm Prudential Regime is a new, streamlined and simplified process for the prudential regulation of investment firms in the UK. W...
Episode 2: ESG - No way back
01 Jun 2021
Contributed by Lukas
In the UK, the joint regulator and government task force on climate-related financial disclosures (TCFD) have published the roadmap towards mandatory ...
Episode 1: Operational resilience
25 Mar 2021
Contributed by Lukas
As firms have adapted to the circumstances of lockdown almost overnight, there's been an inevitable increase in operational risk. Regulators are looki...