Webinar: FCA Safeguarding Consultation – unpicking the key changes

During this webinar we dove into the key points of the FCA’s recent safeguarding consultation paper and discuss its potential impact. This long-awaited consultation paper was anticipated by many in the payments sector, with expectations building over the past year. References to CASS were broadly expected, however there is so much more to unpick to truly understand what changes are proposed and how they are likely to impact firms.

To help guide you through this, we assembled an expert panel to bring thoughts and analysis from different perspectives. We were joined by Max Savoie, Partner at Sidley Austin and Matt Lucas, Compliance, Conduct & Regulatory Affairs Director at The Bank of London, who bring their extensive knowledge and expertise to this webinar.

The webinar concluded with a Q&A session, allowing attendees to submit questions for our speakers.

Agenda

  • What is behind the consultation
  • Overview of key proposed changes
  • What is likely to have the most significant operational impact on firms
  • Areas of uncertainty
  • Impact on safeguarding providers e.g. insurers, audit firms
  • What do the new safeguarding requirements mean for banks such as The Bank of London
  • Timings and next steps
  • Q&A

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