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David's blog archive

2023 (1) 2022 (1)
David Coolegem

David Coolegem

Director, Head of GRC Advisory, UK at Cognizant
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Banking Regulations

GRC Outlook: Q1 2023 - a look back at all the key UK regulatory updates

30 Mar 2023

Introduction We bid farewell to 2022 with a Christmas present from the Chancellor where he announced and reinforced a spate of new and on-going initiatives for the financial services sector. Continuing with the momentum, the first quarter of the 2023 has been buzzing with regulatory updates around Conduct, Digital Payments, Re-alignment of EU re...

Banking Regulations

The Edinburgh Reforms: A Christmas present for the Financial Services Sector

22 Dec 2022

In his Autumn Statement, Jeremy Hunt, the Chancellor of the Exchequer, set out a bold collection of reforms for the Financial Services sector – some new and some already in the making – paving the way for growth and a busy start to 2023! In our view, the reforms can be grouped into three aims; (1) Creating a regulatory framework that is more suite...

Banking Regulations

Accelerated Settlements - want to get ready for T1? Then it is already time to plan for T0

12 Oct 2022

The journey of US Settlements has progressed significantly over the last couple of decades - from T+3 in 2008, to T+2 in 2017. It has received a further thrust with recent recommendation of the Depository Trust & Clearing Corporation (DTCC) for moving to T+1, by H1 2024. This is a logical continuation of accelerating settlements as...