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A collection of Protiviti blogs. 
UK Vows to Deliver World Leading Payments Ecosystem. What to Expect.

Blogs

December 16, 2024

UK Vows to Deliver World Leading Payments Ecosystem. What to Expect.

On 14th November 2024, the Chancellor announced the Government’s National Payments Vision (NPV or Vision) in her Mansion House Speech. The Vision sets forth a strategic framework aimed at enhancing the UK's stature as a global leader in the payments sector, structured around three main pillars: innovation, security, and competition.
The Financial Conduct Authority (FCA) is introducing the Consumer Duty to provide retail customers higher and clearer standards of protection. But how are firms preparing for implementation of the new rules? Protiviti recently held a roundtable with invited representatives from the FCA and risk professionals from the U.K. financial services industry to discuss implementation concerns and challenges.
Dealing with setbacks is a familiar part of professional life, but if they happen repeatedly, then bouncing back can be tough? Sharon Torpey speaks to Rhianne Williams from Protiviti’s iGROWW network about how she learned to build resilience the hard way.
When Fiona Hathorn was a child, her father took her into the office, and encouraged her to dream big. After a career in the City of London, she is now helping other women to find their professional presence in the boardroom. Rhianne Williams from Protiviti’s iGROWW finds out more.
A careers event at school inspired Fortune Chigwende to become an accountant. She tells Anisha Pithwa from Protiviti’s iGROWW network how she channelled self-belief, drive and confidence to reach the top of her internal audit career.  
As financial institutions navigate the Russian sanctions, regulators will be watching closely. Below, Protiviti explores how institutions can prepare for the regulatory scrutiny that will inevitably follow. This article is based on the recent Protiviti webinar series Unchartered Territory: Managing the Risk of Russian Sanctions held in the US, the UK and the EU. Following Russia’s invasion of Ukraine, financial…
Eileen Burbidge is a prominent early-stage technology investor in London, having moved from the U.S. to the U.K. in 2004 to work for Skype. Speaking at the Protiviti and Robert Half Tackling Tomorrow Today event in June, she shared her story of leaving Silicon Valley, why her children’s influence is important, and the trends for businesses to watch.
Individuals and entities will often take steps to avoid the impact of sanctions. Below, Protiviti explores sanctions evasion tactics and what financial institutions can do to mitigate evasion risk. This article is based on the recent Protiviti webinar series Unchartered Territory: Managing the Risk of Russian Sanctions held in the US, the UK and the EU. Sanctions evasion tactics are well established and remain a…
The rapid changes and nuances in the Russian sanctions regimes have created challenges for global financial institutions. Organizational consensus on the approach to managing them will help financial institutions stay within regulatory boundaries and minimise the risk of penalties. This article is based on the recent Protiviti webinar series Unchartered Territory: Managing the Risk of Russian Sanctions held in the…
Whilst many banks have embedded management of traditional financial risks such as credit and market, CROs and CCOs are under increasing pressure to address known and emerging non-financial risks. Pressure is further exacerbated by shrinking budgets and increasing costs of managing expanding control stacks, as well as remediation programmes driven by risk and control self-assessment (RCSA) blind spots for non-…
What’s it like being a female leader in professional services, and how has the sector changed? Nina Haldorsen from Protiviti’s iGROWW network interviews Janet Barberis, managing director at Protiviti UK about her career and why ‘being yourself’ matters.
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