Banks, insurers and investment managers play vitally important roles within society, to encourage economic development and allow individuals and businesses to save, invest, insure and make payments. We must have confidence in them. Responsible providers, responsible consumers, better regulation and better information underpin this confidence.
Our campaign has explored big issues including:
- Will big data mean the end of the traditional insurance business?
- Does bank audit meet the needs of society?
- How should investment management change to help avoid a devastating savings gap?
- Has financial services forgotten its social purpose?
Displaying 1-20 of 20 results
Climate hub
- Hub page
- Sep 2021
Climate change is a crucial issue for the accounting profession. Are you professionally ready to mitigate the risk and maximise the opportunity of climate change? Find inspiration, information and practical resources to support the goals set out in the Paris Agreement and in the UN Sustainable Development Goals.
Banking regulatory ratios: ICAEW assurance framework
- Technical release
- Dec 2019
ICAEW’s guidance provides a flexible framework for both internal and external assurance on banking regulatory ratios.
Recommendations of the TCFD and their implementation
- Article
- Jul 2019
Looking at practical examples interested professionals realise the task at hand is not insurmountable but a process that needs to be started and progressively expanded.
Ethical use of big data in financial services
- Hub page
- Mar 2019
Ethical use of big data in financial services
Information overload: effective boards and committees in financial services
- Thought leadership report
- Feb 2019
ICAEW provides practical recommendations to reduce the size of board packs and make them more effective for boards. Our proposals will enable board chairs, management, executives and non-executives to improve their own papers, ensure that responsibilities are clearly defined and make sure that non-executives do not have to deal with information overload. The proposals we provide work in the context of three overarching principles.
Guidance for skilled persons reviews
- Technical release
- Oct 2018
2018 edition of ICAEW’s guidance for skilled persons conducting reviews (s166 and s166A reviews) for the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and the Bank of England.
Culture and purpose in financial services
- Article
- Aug 2018
Following the 2008 global financial crisis, the financial services industry has come under intense scrutiny. Firms need to boost trust, create socially responsible products and prevent future financial crises. In its latest publication, Culture and purpose in financial services, the Financial Services Faculty recommends actions that the industry, boards and ICAEW Chartered Accountants should be taking.
IFRS 9: What it means for banks and financial stability
- Report
- Oct 2017
In July 2017, ICAEW's Financial Services Faculty brought together key stakeholders from the investor and analyst communities so that they might understand the respective challenges faced by banks in preparing IFRS 9 expected credit loss provisions.
IFRS 9 - Briefing note for non-technical audience
- Helpsheets and support
- Sep 2017
Briefing paper from the Financial Services Faculty for a non-technical audience.
IFRS 9 - Briefing paper for analysts and other market participants
- Helpsheets and support
- Sep 2017
Briefing paper from the Financial Services Faculty.
Audit of banks: 5 years on
- Report
- Jun 2016
This report sought to identify the actions that banks, auditors and other parties could take to strengthen the banking system without the need for legislative or regulatory changes.
Do banks work?
- Event
- Dec 2015
What does the future hold for the financial services industry? ICAEW gathered together influential stakeholders to answer this question.
Reporting on regulatory capital: choices for assurance
- Report
- Jul 2015
ICAEW’s discussion paper on choices for assurance on banks’ capital information and risk-weighted assets.
Solvency II Balance Sheet Review Exercise
- Helpsheets and support
- Mar 2015
ICAEW have worked with the Prudential Regulation Authority to produce an illustrative opinion for step 2 of the Solvency II balance sheet review exercise as well as some potential considerations for step 1 reporting.
Principles for Good Financial Regulators
- Report
- Jun 2014
The Financial Services Faculty recommends that financial services regulators adopt these principles, recognising that there will be a balance of emphasis between them. Regulators should be clear about the outcomes they are seeking, and against which they should be judged.
Audit Insights: Banking
- Report
- Jun 2014
The latest report in the Audit Insights series looking at insights from banking audit specialists.
Market failures, market solutions
- Report
- Nov 2013
ICAEW’s Financial Services Faculty has published an issues paper which explores the actions the financial services sector must take to build long term confidence.
Enhancing audit-audit committee dialogue
- Helpsheets and support
- Nov 2013
ICAEW’s Financial Services Faculty has issued guidance to enhance the dialogue between bank auditors and their audit committees.
Assurance: benchmarks and indices
- Helpsheets and support
- Feb 2013
ICAEW’s guidance to assist assurance practitioners engaged to perform work on submission to, or compilation of, benchmarks, indices and independent price reports.
Displaying 1-20 of 20 results