Publications
New definition of material risk takers leads to a substantial increase in the number of bankers subject to the CRD IV bonus cap
The European Banking Authority's (EBA's) Board of Supervisors approved last week a draft regulatory technical standard (RTS) on the definition of material risk takers (MRTs). The RTS includes a requirement that all employees whose total remuneration is greater than €500,000 should be deemed to be MRTs. Assuming that it is approved, the RTS will come into effect during 2014, ahead of the 2014/15 remuneration round.
[20-05-2013]
Shale oil: what next for the oil industry
Our Oil & Gas experts are joined by Nicholas Gee from Weatherford to discuss the potential effects of the rise in unconventional oil and gas highlighted in our recent report ‘Shale Oil and the next Revolution’.and its impact on business.
[15-05-2013]
Accounting briefing | May 2013
Our Accounting briefing newsletter provides you with a quarterly technical update, focusing on the practical implications of recent developments and topical issues in UK GAAP and IFRS.
[13-05-2013]
Gearing internal audit to the new RWA demands
Effective internal audit (IA) assurance is going to be crucial in maintaining board, investor and regulatory confidence in the capital numbers, but many IA teams have limited experience of the necessary front-to-back reviews. Focusing in particular on strengthening the risk-weighted asset (RWA) evaluations that are so critical to credibility of the figures, how can IA get up to speed?
[12-05-2013]
Basel III and beyond: Making the right call on LCR
The LCR aims to make sure that banks have access to enough readily available liquid assets to meet their obligations over a 30-day period in times of sudden stress
[12-05-2013]
Looking to apprenticeships to bridge the talent gap in the energy sector
There are many ideas around addressing the often mentioned skills gap that faces the energy industry. One of those is to invest more in apprenticeships across different levels, and particularly those at higher levels to fill more senior energy positions. Lisa Howard from PwC discusses the business benefits of the apprenticeship approach.
[12-05-2013]
Being better informed: financial regulatory, accounting and audit bulletin: May 2013
This is our May 2013 Financial Services monthly regulatory accounting and audit bulletin.
[09-05-2013]
Capital Requirements Directive (CRD) IV approved by European Parliament - what happens next?
Capital Requirements Directive (CRD) IV has been approved. Understand the implications for banking and capital markets businesses.
[02-05-2013]
Oil and Gas Global Deals Report
The last six months of 2012 saw the highest number of global oil and gas deals since 2008, with 524 recorded totalling $240.3 bn, the highest in value terms since 2010.
[01-05-2013]
Global Economy Watch - May 2013
Economies around the world are recovering at different speeds. We are now seeing the rise of a ‘three speed’ economy, with the Eurozone in the slow lane, the US in the middle lane, and the emerging markets in the fast lane. This month, we’ve interviewed the former President of Cyprus, George Vassiliou; in his opinion the Eurozone needs to integrate more to overcome its debt crisis. Finally, we have focused on equity markets which, in the case of the UK and the US, are back up to their pre-crisis levels.
[29-04-2013]
Right first time: staying ahead of the conduct risk agenda
The Financial Conduct Authority (FCA) is only just getting going, but it’s already clear that it intends to reach into new areas not touched by the Financial Services Authority (FSA). Building on our recent webcast on conduct, we share our thoughts on how you can stay ahead of the conduct agenda in this publication.
[29-04-2013]
Tell the whole tax story
Download our full report below and spend 12 minutes finding out how you can help prevent a lack of tax transparency damaging trust in your organisation.
[28-04-2013]
Integrity, business ethics and the resilient organisation
In this paper the third in a series of publications, we focus on the degree to which organisational culture, values and internal behavioural norms contribute to the risk resilience of the organisation and the relationship between business ethics, integrity and risk.
[24-04-2013]
Preparing for growth: manufacturers adopt new strategies for growth and competitive edge
We propose three fundamental priorities to be considered by CEOs of companies in the manufacturing sector.
[21-04-2013]
2013 Information security breaches survey
We were commissioned by the department for Business, Innovation and Skills (BIS) to survey companies across the UK on recent cyber security incidents and emerging trends. This survey aims to provide greater awareness amongst UK business of the risks, how companies are mitigating (or not) those risks and key trends.
[21-04-2013]