So simple. So powerful. So overlooked.
Business Interruption Insurance in the COVID-19 Era
What are the key challenges for insurance companies in responding to the outcome of the FCA’s COVID-19 business interruption insurance test case? FTI Consulting’s Romy Comiter and Najia Mukhtar explore in the latest issue of Risk & Compliance magazine. This article has been reprinted with kind permission from Risk & Compliance magazine.
Looking at your compliance programme through the eyes of a prosecutor
What steps should companies take to ensure their compliance programme stands up to regulatory scrutiny? FTI Consulting’s Julian Glass and Katherine Gillespie share their insights in the latest issue of Risk & Compliance magazine together with Ali Kirby-Harris and Ben Morgan of Freshfields Bruckhaus Deringer. This article has been reprinted with kind permission from Risk […]
Sustainability | The Year of Action
Sustainability is now being regularly discussed by Boards as a key part of the corporate strategic agenda. One year into the UN’s Decade of Action, with the COP26 Climate and the COP15 Biodiversity Summits and increased scrutiny by policymakers and regulators, activities have started to pick up speed. 2021 will require practical change beyond […]
Financial Crime Quarterly – Issue 3
How does financial crime interact with other complex threats – and how do organisations protect themselves whilst allowing business to continue? Firms, regulators and governments alike have been asking this critical (and, at times, overwhelming) question with increasing frequency. Yet, from the rise of disruptive technologies to cybersecurity threats, many organisations are still searching for […]
Sustainability in insurance
In a mini roundtable with Risk & Compliance magazine, Graham Handy and Darko Popovic from FTI Consulting’s Global Insurance Services team discuss the growing importance of sustainability for the insurance sector, as well as the key risks and opportunities. R&C: To what extent are sustainability issues now firmly on the insurance industry’s radar? Why has […]
Effective whistleblower programmes and their impact on ethics, conduct and culture
In Risk & Compliance magazine’s latest expert forum, FTI Consulting’s Wayne Anthony and Piers Rake discuss the importance of whistleblower programmes and how to ensure whistleblower confidentiality while conducting an effective investigation with Novartis’ Robert Sikellis and Withers’ Meriel Schindler and James Hockin. R&C: Could you explain why having a whistleblower programme has become so […]
COVID-19 Business Interruption Claims
What UK insurers should be doing following recent court judgements
Proving COVID-19 Related Time Claims
A step-by-step guide
Rethinking insurer expenses: 5 key trends
Insurance expense optimisation
Information Governance, Privacy & Security Services
Corporate data, whether stored on servers, in the cloud or on employee devices, presents new challenges and opportunities for your organisation. As data volumes increase, these challenges include safely and defensibly: — Mining corporate data to find and act upon key information quickly — Storing sensitive data, including client information and proprietary intellectual property — […]
Data Visualization & Dashboard Solutions
Today’s corporations have access to a diverse and growing population of data. Finance, operations and compliance teams make daily decisions based on data collected and analyzed for their business function. The underlying data, however, is often stored in siloed systems, disconnected from other data sources within the organization and updated at irregular intervals. When systems […]
Fraud Detection and Investigation (EMEA)
Business fraud is an increasingly important issue for all companies as regulatory bodies demand greater compliance, enforce regulations more strictly and impose billion-dollar fines for breaches. For multinational firms with their many subsidiary systems and variations in the standards of automated reporting across their different geographies this trend presents serious challenges. Identifying data and records, […]
Anti-Money Laundering Technology Services (EMEA)
Regulatory enforcement actions are putting the financial services industry on notice that anti-money laundering (“AML”) compliance is a leading enforcement priority. This renewed focus, and the increasingly complex technology challenges associated with meeting the new requirements, are straining compliance programmes, staff, and technology resources. Alongside this trend, other institutions, such as fintech companies and the […]
Account Remediation Services
FTI Consulting’s Data and Analytics (D&A) team helps financial institutions to ensure that consumer account services are consistent and comply with regulations. Banks are often inadvertently assessing incorrect management or administrative fees, or applying inaccurate interest calculations on customer accounts. We can help financial institutions to identify any inaccuracies, and assist firms in taking preventative […]
Managing Third-Party Risk: Due Diligence and Evaluation
Expert Forum
Financial Crime Quarterly
Issue 2 – December 2020
A Tale of Two Crowns
Coronaviruses are named for the crown-like spikes on their surface. The combination of the “Two Crowns” – COVID-19 alongside the return of Crown Preference – will result in a significantly more material impact than was originally intended, given the COVID-19 VAT deferral scheme which has resulted in over £28bn of cumulative VAT deferrals. In this […]
Webinar: Data Retention & Minimisation – Lessons Learned in 2020
Data retention and minimisation played a key role in numerous cases and enforcement actions throughout 2020. Worryingly, the range of infractions varied widely, teaching us that it is certainly an area that is very challenging for organisations to address. In this webinar, Nina Bryant joins a panel of experts from Exterro and Verisure to provide […]
The Modern Age
As businesses batten down to weather the implications of, and boost recovery from, the recent COVID-19 crisis, many are looking at strategic M&A to streamline, increase liquidity, divest the less functional edges of their corporate portfolio and merge with entities that strengthen their resilience. At the same time, across the globe, there is a trend […]