Analysis on internal audit, regulatory change, and career development, covering the issues that matter to audit and risk professionals in UK financial services. We publish when we have something worth saying.
The FCA expects internal audit to test whether financial crime controls actually work, not just whether they exist. What that means in practice for AML, transaction monitoring, SAR quality and high-risk customer oversight.
Most Consumer Duty audit work is still process-focused. The FCA expects outcome evidence. Here is how to structure an audit programme that provides genuine assurance across all four outcomes.
The ECCTA duty is in force. Here is how internal audit functions should be responding, from scoping to reporting, and what the Home Office's six principles mean in practice.
When the FCA comes in, the pressure on internal audit to be helpful can compromise its independence. This piece sets out how to navigate that tension while keeping the audit function credible.
Many internal audit functions operate without a formally documented methodology. This guide sets out the essential components aligned to the IIA's Global Internal Audit Standards.
The FCA's first wave of Consumer Duty supervisory work has produced findings that internal audit teams need to understand. Here is what the regulator found and what it means for your audit plan.
Both models have merit in different circumstances. This piece sets out the key considerations, cost, control, specialism, and regulatory expectations, to help boards and audit committees make the right call.
The transition from a permanent internal audit role to consultancy looks straightforward from the outside. Having made that move, here is an honest account of what to expect.
The FCA's expectations of internal audit in relation to financial crime have continued to evolve. This piece draws on recent enforcement and supervisory activity to set out what good looks like.
Audit committee relationships are critical to the effectiveness of internal audit. This guide covers preparation, structure, handling challenges, and how to present findings that drive action.
The gap between good senior auditor and credible Head of Audit candidate is wider than most people expect. An honest assessment of what panels look for, and what typically rules candidates out.
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25 years in senior financial services internal audit and risk advisory. All insights are written from direct practitioner experience.
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