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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

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Book a demo

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UK Insurance Regulation

UK Insurance Regulation

Ted Wainman

20 years: CA & educator

It is evident that when an insurance company fails, this has an adverse impact on the policy holders as well as the FSCS due to the interconnectedness of the financial market. Therefore, there is an incentive to ensure that insurance companies are financially sound, well run with good corporate governance structures in place, and an appreciation of the risks that they are underwriting.

It is evident that when an insurance company fails, this has an adverse impact on the policy holders as well as the FSCS due to the interconnectedness of the financial market. Therefore, there is an incentive to ensure that insurance companies are financially sound, well run with good corporate governance structures in place, and an appreciation of the risks that they are underwriting.

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UK Insurance Regulation

6 mins 16 secs

Overview

Lehman Brothers declared bankruptcy on 15th September 2008, when the Federal Reserve was unable to persuade other Wall Street banks to bail it out. The very next day, AIG – the world's largest insurance company – was on the verge of bankruptcy, due to its exposure to Credit Default Swaps on the US housing market. AIG was bailed out initially in the form of an $85bn loan, with the Fed taking ownership of nearly 80% of AIG's equity. Over the coming years, following restructuring, the bailout then rose to over $150bn in total.

Key learning objectives:

  • Understand the statistics for the UK insurance industry

  • Understand how insurance companies view the strength of their balance sheets

  • Understand the Financial Services Compensation Scheme

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Summary
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Expert
Ted Wainman

Ted Wainman

Ted Wainman trained and qualified as an Associate Chartered Accountant (ACA) with Ernst & Young before joining JPMorgan on the Investment Management side of the business. He since has over 17 years of experience in designing, developing and delivering financial & business skills training workshops for over 275 clients in more than 35 countries.

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