Horizon Scanning: Anticipating and Reacting to a New Governmental Direction with Gavin Stewart & Hanbury Hampden-Turner #10

09/20/22 • 18 min

A new calendar year is nearly upon us, and with a new Prime Minister comes governmental change that could easily affect the trends and patterns emerging in UK regulation.

Joining us on FinTalk to clear the fog on the horizon and look at what the industry may have in store, we hear from Gavin Stewart - Director at Grant Thornton LLP - and a returning guest, VERMEG’s Hanbury Hampden-Turner.

We hear how Big Bang 2.0 indicates a sharp change in direction, why shifts may be slower than expected, the overarching themes surrounding market risk, and much more.

This episode of The VERMEG podcast covers:

The biggest changes we’re likely to see with the new governmental direction
Patterns forming with ESG-based policy and legislation
Overarching themes around market risk, more granular data and temporary measures becoming permanent
How firms might guide their client base through the cost of living crisis

VERMEG: https://www.linkedin.com/company/vermeg/
Jawad Akhtar: https://www.linkedin.com/in/jawad-akhtar-313562b/
Gavin Stewart: https://www.linkedin.com/in/gavinbstewart/
Grant Thornton UK LLP: https://www.linkedin.com/company/grant-thornton-uk-llp/
Hanbury Hampden-Turner: https://www.linkedin.com/in/hanbury-hampden-turner-16004514/

FutureFit Regulatory Conference: https://www.vermeg.com/event/futurefit-2022-regulatory-conference/?utm_source=linkedin&utm_campaig=post-2

A new calendar year is nearly upon us, and with a new Prime Minister comes governmental change that could easily affect the trends and patterns emerging in UK regulation.

We hear how Big Bang 2.0 indicates a sharp change in direction, why shifts may be slower than expected, the overarching themes surrounding market risk, and much more.

This episode of The VERMEG podcast covers:

The biggest changes we’re likely to see with the new governmental direction
Patterns forming with ESG-based policy and legislation
Overarching themes around market risk, more granular data and temporary measures becoming permanent
How firms might guide their client base through the cost of living crisis

FutureFit Regulatory Conference: https://www.vermeg.com/event/futurefit-2022-regulatory-conference/?utm_source=linkedin&utm_campaig=post-2

Previous Episode

Dear CEO: One Year On - Expected Progress and Next Steps with MCO’s Paul Manson & Richard Pike #9

One year on from the Dear CEO letter emphasising the need for investment and focus on regulatory reporting, where should firms’ reg reporting systems be now, and what might the future hold?

This week on FinTalk, MCO’s Richard Pike and Paul Manson weigh in on the progress that’s expected of firms in response to the letter, ideal methods to focus firms’ investments into regulatory reporting systems, and next steps to bring regulatory reporting alongside financial reporting.

This episode of The VERMEG podcast covers:

How MCO have been processing and dealing with the Dear CEO topics
The key link being made between the standards for financial reporting and regulatory reporting
Where firms should be now, having had a year to process the letter
Advice for firms looking at setting a target operating model, and where they could invest

VERMEG: https://www.linkedin.com/company/vermeg/

Jawad Akhtar: https://www.linkedin.com/in/jawad-akhtar-313562b/

Paul Manson: https://www.linkedin.com/in/paul-manson-032a9a3/

Richard Pike: https://www.linkedin.com/in/richardpikestir/

MCO: https://www.linkedin.com/company/mycomplianceoffice/
https://mco.mycomplianceoffice.com/

Next Episode

The Open Source Future of Financial Services with FINOS CTO, Jane Gavronsky & VERMEG’s Head of Regulatory Product, Malcolm Arnold #11

When regulatory reporting is a burden and cost shared by all, it’s an area ripe for collaboration, and one growing movement to make that happen is that of open source software.

Instigating that evolution is FINOS, and their CTO Jane Gavronsky joins us on FinTalk to discuss the virtues and value in both open source principles and the culture surrounding it.

We also hear from our own Global Head of Regulatory Product, Malcolm Arnold, about the potential future implications and who needs to drive the buy-in to open source projects.

This episode of The VERMEG podcast covers:

The basics of what open source is
How culture plays a role in the success of open source
Ways in which open source software can help with governance, controls, and data lineage
Who needs to drive the movement for open source