Onshore, Offsite, Offshore: What Delivery Model Is Right for Your Project?
Discover how choosing the right delivery model—offshore, offsite, or onshore—can enhance your project's success in digital transformation and operational improvement.
The Associate Advantage – Why top Consultants Prefer Working with Brighter and How That Benefits Clients
Discover why top consultants choose Brighter over large firms, focusing on specialist expertise, accountability, and delivering real value for clients.
The Hidden Cost of Utilisation Rates – Why are you paying more for people less qualified?
Discover how boutique consultancies offer better value, experience, and outcomes compared to large firms, focusing on your project's needs rather than internal utilisation rates.
The FCA’s 5 + 5 Day Sanctions Test: Would Your Firm Survive?
Navigating the motor finance redress scheme requires more than increased staffing; it's a test of operational resilience and strategic control for lenders. Discover how to prepare effectively.
Motor Finance Redress Is Not a Complaints Exercise. It’s an Operating Model Test.
Navigating the motor finance redress scheme requires more than increased staffing; it's a test of operational resilience and strategic control for lenders. Discover how to prepare effectively.
Beyond Statutory Accounts: The Future Role of the Insurance Finance Function
Discover how the insurance finance function is evolving from compliance to transformation, driven by new skills, technology, and ESG reporting requirements.
What does the latest Office of Foreign Assets Control (OFAC) penalty mean for UK property firms?
UK property firms must heed the recent OFAC penalty on Russia sanctions to navigate compliance risks and ensure robust due diligence in international transactions.
Why a Strong Sanctions-Compliance Culture Matters
Discover how inflation volatility challenges traditional actuarial methods and the innovative strategies insurers can adopt to navigate this unpredictability effectively.
Closing the reporting gap: How to prepare for CP19/24 and future regulatory reporting demands
Get ready for CP19/24: Modernize data and reporting for UK insurers to enhance transparency, accuracy, and regulatory compliance. --- In this blog post, we delve into the Prudential Regulation Authority's (PRA) consultation paper CP19/24, released on December 11, 2024, which aims to close liquidity reporting gaps and streamline Standard Formula reporting for UK insurers. This regulatory update is more than just another compliance mandate; it’s a significant opportunity for finance and reporting professionals to reassess their data management practices, modernize systems, and prepare for future demands. Understanding CP19/24: What’s Changing and Why It Matters CP19/24 is part of the PRA’s broader efforts to simplify and strengthen regulatory reporting for UK insurers. Building on previous regulations, it introduces changes to templates, data requirements, and validation rules under Solvency II and related frameworks. The goal is to make reports more reliable and comparable across the industry by revising certain templates, removing
The forgotten link: Why finance needs to lead insurance operating model transformation
Discover how a finance-led approach can transform insurance operating models, ensuring efficiency, resilience, and sustainable profitability in a demanding regulatory environment.