Financial resilience

Prudential regulators are focused on maintaining and reinforcing firms’ financial resilience, and on balancing emerging and ongoing risks with opportunities to promote competitiveness.

Pressure for banks and insurers is intense as complex frameworks are finalised and key implementation dates approach. Supervisory activity has ramped up, particularly in areas such as resolution preparedness/wind-down planning, governance and risk management. Prudential regimes for MiFID firms are now fully embedded. However, some further changes can be expected, including for wider non-bank firms not subject to MiFID-related requirements.

Stress testing remains a key supervisory tool in monitoring vulnerabilities and is evolving to keep pace with the changing world.

For our most recent thought leadership relating to financial resilience, and to access our Basel 4 and Solvency hubs and annual Risk and ICARA industry benchmarking survey, see below.

Regulatory updates and analysis, links to KPMG solutions and details of key contacts across KPMG’s international network.

Insights and thought leadership on the prudential regulatory landscape for insurers, and the reviews of Solvency II in the UK and the EU.

Risk management and financial resilience in investment management

Navigating the 2025 PRA Life Insurance Stress Test: Insights and Strategies

Seven key considerations for firms

How it started: how it’s going

Deepening trust and rebalancing risk, to support growth and improve lives

Enhancing capabilities in uncertain times

Our perspectives on the impact on the UK banking market

Supporting growth and competitiveness in the mutuals sector

FCA proposals to ease regulatory burden on insurers and commercial brokers while preserving consumer protection.

Recent regulatory assessments have revealed gaps in firms’ governance and validation frameworks, particularly in how they manage financial and operational risks linked to climate change.

The FCA has announced that it is changing the way it will communicate its supervisory priorities to firms. But what will these changes mean in practice?

Under IFRS 9, banks must categorise financial assets into various stages based on their credit risk and calculate Expected Credit Losses (ECL) considering anticipated economic conditions and their prospective impact on the creditworthiness of customers.

The Supreme Court has overturned in part the landmark Court of Appeal (CoA) judgment regarding Motor Finance commissions.

Promoting resilience and growth in the banking sector

Welcome developments, no surprises

This article explores the regulatory journey, key risk areas, and actions for insurers to consider as they navigate the complexities of private asset investments.