Non-financial risks have become at least as important, to both firms and regulators, as financial risks. This is mostly due to the importance of firms’ dependence on IT systems to operate their businesses but regulators (particularly the Financial Conduct Authority – the FCA) are also highlighting non-financial risks arising from newer regulatory topics, adding to […]
Tag Archives: Financial Conduct Authority
New and emerging non-financial risks – Part 2: Not the technology-related non-financial risks
Posted in Articles
Also tagged conduct risk, consumer duty, CP23/20, culture, D&I, diversity and inclusion, FCA, financial exclusion, groupthink, non-financial misconduct, non-financial risks, retail customers, risk taxonomy, risks
Comments closed
New and emerging non-financial risks – Part 1: Technology-related non-financial risks
Non-financial risks have become at least as important, to both firms and regulators, as financial risks. This is mostly due to the importance of firms’ dependence on IT systems to operate their businesses but regulators (particularly the Financial Conduct Authority – the FCA) are also highlighting non-financial risks arising from newer regulatory topics, adding to […]
Posted in Articles
Also tagged AI, chatbot, concentration risk, contagion, FCA, information security, machine-learning, model management, non-financial risks, operational resilience, regulators, technology risks
Comments closed