Risk & Regulation Rundown
Business & Finance
About
PwC’s Financial Services risk and regulation podcast, discussing the latest developments affecting the industry, some insights from our work with clients, and our perspective on industry talking points. Led by PwC host Tessa Norman, who’s joined by a range of guests each month.
Episodes
- Unlocking tokenisation: regulation, adoption and the future of financial markets S8E5
In this episode, host Tessa Norman is joined by Laura Talvitie, PwC Digital Assets Regulatory Lead, and James Moseley, PwC Banking Partner and Digital Assets UK Lead, to explore the next phase of tokenisation across financial services. Our…
- Rethinking sustainability reporting – exploring the final UK SRS S8E4
In this episode, we explore the UK’s final Sustainability Reporting Standards (UK SRS) and what they mean for listed companies and the wider financial services sector. Guest host and PwC Director Andrew Strange is joined by ISSB Board Memb…
- Targeted Support: the start of a new advice era S8E3
Host Tessa Norman is joined by PwC Directors Andrew Strange and Ian Ody to unpack how targeted support will impact consumers and firms, and how it fits into the FCA’s wider agenda to improve consumer outcomes and expand retail participatio…
- Optimising the UK prudential framework: Basel 3.1 and beyond S8E2
In this episode, host Tessa Norman is joined by PwC Partner Michael Snapes and Director Stefanie Aspden from PwC’s Banking Financial Risk practice, to unpack recent developments across the UK banking prudential framework. With the PRA rece…
- No time to lose: Reasserting UK leadership in financial and related professional services S8E1
The UK’s financial and related professional services industry is at a critical juncture. With global competition intensifying and technology reshaping markets, standing still is no longer an option. In this episode, host Tessa Norman is jo…
- Solvent exit planning – what insurers need to know S7E9
With the PRA’s PS20/24 rules requiring UK insurers to complete their first Solvent Exit Analysis by June 2026, this episode breaks down what solvent exit planning means in practice. Guest host and PwC Director Pete Thomas speaks with Direc…
- Tokenisation: redefining the future of funds and financial markets S7E8
In this episode, guest host Laura Talvitie, who leads PwC’s work on digital asset regulation, speaks with Jonny Fry, CEO of TeamBlockchain and Digital Bytes, and Daniel Dzenkowski, PwC’s Crypto-Asset Reporting Framework Lead. Regulators, a…
- Accelerating to T+1: Building readiness through resilience S7E7
Host Tessa Norman is joined by PwC Partner Menicos Kouvaros and Director Duncan Scott to unpack the next phase of T+1 settlement reform - and why operational resilience should sit at the heart of firms’ readiness strategies. The discussion…
- Financial services in transformation - insurance - S7E6
In the final episode of our three-part deep dive mini-series, host Tessa Norman is joined by Alex Bertolotti, PwC UK’s Insurance Leader, and Samantha Jones, Director in PwC UK’s insurance risk and regulation practice, to explore the dynami…
- The digital asset transition - Stablecoins, CBDCs, and a regulatory crossroads - S7E5
In this episode, guest host Laura Talvitie is joined by Elise Soucie Watts, Executive Director at Global Digital Finance, and Amanda Wick, Founder of the Women in Crypto Association and author of The Catalysts, to unpack the evolving regul…
- Financial services in transformation - banking and capital markets - S7E4
In this episode of PwC's Risk & Regulation Rundown podcast series, host Tessa Norman is joined by Mark Batten, PwC UK Banking and Capital Markets (BCM) Leader, and Conor MacManus, Director in PwC UK’s Regulatory Insights team, to explore t…
- Financial services in transformation - asset and wealth management - S7E3
In the first of a three-part mini series exploring the trends impacting the financial services sub sectors, host Tessa Norman is joined by Albertha Charles, PwC UK and Global Asset and Wealth Management (AWM) Leader, and Andrew Strange, Di…
- Navigating geopolitical risk – a new era for financial services - S7E2
In this episode, host Tessa Norman is joined by Derek Leatherdale, Senior Geopolitical Risk Adviser at Sibylline, and Sean Withington, Senior Manager in PwC’s Geopolitics team, to explore the rising prominence of geopolitical risk for the…
- The countdown to T+1 accelerated settlement - S7E1
Host Tessa Norman is joined by Andrew Douglas, Chair of the UK Accelerated Settlement Taskforce, and Menicos Kouvaros, PwC Partner, to discuss the topic of T+1 settlement reform and the journey to go-live in October 2027. With both UK and…
- Driving growth, rebalancing risk, and powering innovation: Inside the FCA’s new strategy - S6 Bonus episode
In this special bonus episode, host Tessa Norman is joined by PwC Partner Sajedah Karim and Director Conor MacManus to unpack the FCA’s newly released five-year strategy — and what it means for financial services firms. Our expert guests e…
- Operational resilience in a dynamic world - responding to evolving threats and the impact of AI - S6E10
In this episode, host Tessa Norman is joined by Duncan Scott and Rory Spedding-Jones from PwC’s Technology, Data and Resilience practice, to delve into the topic of operational resilience. Our expert guests reflect on financial services fi…
- A vision for the future: delivering growth in the age of transformation- S6E9
In this episode, host Tessa Norman is joined by Miles Celic, Chief Executive Officer of TheCityUK, and Darren Ketteringham, PwC UK’s Financial Services Industry Leader, to discuss a future vision for the UK financial and related profession…
- Sustainability regulation: responding to a complex landscape - S6E8
In this episode, host Tessa Norman is joined by PwC Director Gemma Jones and Senior Manager Lucas Penfold, to explore the evolving landscape of sustainability regulation in the UK and globally. Our expert guests reflect on the sustainabili…
- General insurance and protection - addressing the value challenge head on - S6E7
In this episode, host Tessa Norman is joined by PwC Partner Stephen Arnold and Director Samantha Jones, to discuss the growing regulatory scrutiny of the general insurance and protection market. Our expert guests explore the FCA’s recent s…
- Basel 3.1 and Strong & Simple - the new capital and liquidity blueprint - S6E6
This episode, host Tessa Norman is joined by PwC Partner Michael Snapes and Director Gordon Kemp, to deep dive into the evolving UK prudential banking landscape, navigating the impacts of the PRA’s Basel 3.1 final rules and proposed Strong…
- Delivering inclusive growth - the financial inclusion challenge - S6E5
This episode, host Tessa Norman is joined by Sarah Porretta, Deputy CEO of Fair4All Finance, and Howard Taylor, a Director in PwC’s Consulting practice, to explore the topic of financial inclusion. Our expert guests share their perspective…
- Tokenisation - unlocking its transformative power - S6E4
In this episode, guest host Laura Talvitie, PwC UK Digital Assets Lead, is joined by Shearin Cao, EMEA Regulatory Policy Director at Citi, John Allan, Head of Innovation at the Investment Association, and Matt Blumenfeld, PwC’s Global Digi…
- Overcoming legacy issues and future-proofing the life and retirement sector - S6E3
Host Tessa Norman is joined by Jess Lewis and Jamie Drysdale, both Directors in PwC’s insurance practice, to take a deep dive into the trends shaping the UK life insurance and retirement sector. Our expert guests discuss how macro trends s…
- Building the mosaic - a threat-led approach to operational resilience - S6E2
In our latest episode, host Tessa Norman is joined by Duncan Scott and Danny Chamings, Directors at PwC UK, and Moira Cronin, a Partner in PwC Ireland, to explore how firms can build operational resilience against the backdrop of an increa…
- Becoming data-offensive - meeting the demands of redress and remediation - S6E1
In the first episode of a new series, host Tessa Norman is joined by David Kenmir, PwC Partner in Financial Services Risk and Regulation, and Amrita Sawhney, a Director in PwC’s Technology, Data and Analytics team, to take an in-depth look…
- A cultural and perimeter shift: strengthening resilience of critical third parties - S5E10
In this episode, host Tessa Norman is joined by two PwC Directors: Julia Ramsay, a specialist in Third Party and Supply Chain Risk, and Tom Kohler, a specialist in Financial Services Resilience and Risk Management, to explore the regulatio…
- Deadlines, data and double materiality - in the thick of CSRD - S5E9
In this episode, host Tessa Norman is joined by Director Esther Rawling, and Senior Manager Lucas Penfold from PwC’s Sustainability practice, for a deep dive into the EU’s Corporate Sustainability Reporting Directive (CSRD). Our expert gue…
- The year ahead - geopolitics, divergence and the productivity conundrum - S5E8
In the first episode of 2024, host Tessa Norman is joined by Isabelle Jenkins, PwC UK’s Financial Services Industry Leader, and Lord Gavin Barwell, a PwC Senior Advisor and former MP and Chief of Staff to Theresa May, to look ahead to the…
- Digital assets - the global march of regulation - S5E7
In this episode, guest host Andrew Strange is joined by Amanda Wick , Founder and CEO of the Association for Women in Crypto, and Laura Talvitie, Digital Assets Lead in PwC’s Financial Services Regulatory Insights team, to delve into the w…
- The diversity & inclusion journey - embracing the regulatory momentum - S5E6
In this episode, guest host Andrew Strange is joined by Stephen Pegge, Managing Director at UK Finance, and Katy Bennett, a Director leading PwC’s Diversity, Equity and Inclusion consulting business, to explore how the financial services s…
- Money mules and fraudsters - stepping up the financial crime response - S5E5
In this episode, guest host Andrew Strange is joined by Alex West, PwC’s banking and payments fraud team lead, and Ben Luddington, a Director in PwC’s financial crime practice, to explore the critical role of financial services firms in ta…
- Consumer Duty - technology solutions in a Day 2 world S5E4
In this episode, host Tessa Norman is joined by James Williams, a Senior Manager in PwC’s Banking Conduct team, and Lin Yang, a Senior Manager in PwC’s Technology, Data and Analytics team, to share reflections on firms’ implementation of t…
- The Transatlantic perspective - exploring the regulatory agenda in the US and UK S5E3
In this episode, host Tessa Norman is joined by Adam Gilbert, PwC’s Global Senior Regulatory Advisor on financial services, and Conor MacManus, a Director in PwC’s Financial Services Regulatory Insights team, to explore the evolving regula…
- Demystifying the Metaverse
While our team takes a well-earned summer break, we'd like to take this opportunity to reshare one of our most popular episodes from our last series. In this re-run episode, host Andrew Strange delves into the Metaverse world to discuss th…
- Sustainability reporting - decoding CSRD - S5E2
Series 5 Episode 2: Sustainability reporting - decoding CSRD In this episode, host Tessa Norman is joined by Justine Dixon, a Senior Manager in PwC’s Sustainability practice, and Lucas Penfold, a Senior Manager in PwC’s Regulatory Insights…
- Piecing together the governance puzzle - S5E1
Welcome to a brand new series of Risk & Regulation Rundown. In this episode, new host Tessa Norman is joined by David Croker, leader of PwC’s Asset and Wealth Management risk and regulatory business and a partner in PwC’s sustainability pr…
- Basel 3.1 - who are the winners and losers? - S4E5
In this episode, host Andrew Strange is joined by Gordon Kemp and Stefanie Aspden, from PwC’s Risk & Regulation practice, to unpick the PRA’s proposed Basel 3.1 prudential reform package. Our guests explore some of the winners and losers o…
- A view from the continent: A year of regulatory reform and the European perspective - S4E4
In the first episode of 2023, host Andrew Strange is joined by Conor MacManus, from PwC’s Regulatory Insights team, and Michael Huertas, a Partner in PwC Germany, to reflect on the UK’s 2023 regulatory change agenda, spotlighting key eleme…
- Setting up for success: Driving value from sustainability regulation - S4E3
In this episode, host Andrew Strange explores the ESG regulatory agenda alongside two expert guests. Lynne Baber, a Partner leading PwC’s sustainability practice, and Lucas Penfold, from PwC’s Regulatory Insights team, join to discuss the…
- Reaping the rewards of Operational Resilience - S4E2
In this episode, host Andrew Strange analyses the Operational Resilience regulatory agenda alongside two expert guests. Duncan Scott, from PwC’s Crisis and Resilience practice, and Paul Williams, a specialist adviser on Operational Resilie…
- Consumer Duty - translating policy into practice - S4E1
In this episode, host Andrew Strange revisits the FCA’s Consumer Duty, alongside guests Iqy Hunjan and Ian Ody, Directors in PwC’s Consulting practice. Our expert guests navigate the FCA’s final Consumer Duty rules and guidance, exploring…
- Demystifying the Metaverse - S3E11
In this episode, host Andrew Strange delves into the Metaverse world, alongside guests Yanna Zhu from PwC’s Metaverse Technologies team, and Laura Talvitie, a Senior Manager, in PwC’s FS Regulatory Insights team. Our expert guests break do…
- Navigating Solvency II reform and the PRA’s insurance agenda - S3E10
In this episode, we discuss the evolving prudential agenda in the insurance sector. Host Andrew Strange is joined by Sarah Watson, a Senior Manager in PwC’s Insurance Regulatory practice, and Anirvan Choudhury, a Senior Manager in our Fina…
- An ambitious agenda - what the PRA’s business plan means for banks - S3E9
In this episode, host Andrew Strange discusses the PRA’s business plan and what it means for banks, with two expert guests. Conor MacManus, a Director in PwC’s Financial Services Regulatory Insights team and Stephanie Henderson-Begg, a Dir…
- Pivoting to outcomes – dissecting the FCA’s business plan - S3E8
In this episode, guest host Tessa Norman discusses the FCA’s business plan and strategy with Andrew Strange and Conor MacManus, Directors in PwC’s Financial Services Regulatory Insights team. We look at how this year’s plan has been shaped…
- Reaching a tipping point on AI regulation - S3E7
In this episode, host Andrew Strange discusses the evolving regulatory approach to artificial intelligence (AI), alongside PwC guests Fabrice Ciais, Director of AI, and Belinda Baber, a Manager in the FS Regulatory Insights team. With the…
- Consumer duty - preparing for a shake-up to conduct regulation - S3E6
In this episode, host Andrew Strange discusses the FCA’s consumer duty proposals with guests David Kenmir, a Partner in PwC’s Authorisation and Conduct practice, and Tessa Norman, a Manager in our Financial Services Regulatory Insights tea…
- Hybrid working – regulation, culture and the future of work - S3E5
As many firms move to a long-term remote/hybrid working model, there are a range of issues to navigate, from meeting regulatory expectations, to maintaining cultural cohesion. In this episode, host Andrew Strange is joined by Sarah Passmor…
- The future of insurance and wealth management - S3E4
In this episode, we discuss how a range of market, societal and regulatory shifts are changing the way insurers and wealth managers do business. Host Tessa Norman is joined by Andrew Strange, a Director in PwC’s FS Regulatory Insights team…
- Unpacking COP26 – navigating the climate risk and ESG agenda S3E3
With regulators and policymakers issuing a raft of ESG announcements in recent weeks against the backdrop of COP26, in this episode we discuss what those developments mean for financial services firms. Regular host Andrew Strange is joined…