<br />
FINANCIAL<br />
SERVICES<br />
FACULTY<br />
ICAEW.COM/FSFISSUE 134<br />
FEBRUARY 2019<br />
FSFocus<br />
GOOGLE IT<br />
LEARN FROM GOOGLE<br />
ABOUT HANDLING<br />
MISCONDUCT ISSUES<br />
FUND DILEMMA<br />
EVALUATING THE PROS<br />
AND CONS OF PASSIVE<br />
AND ACTIVE FUNDS<br />
STRESSED OUT<br />
WHICH AREAS OF THE<br />
STRESS TEST NEED<br />
MORE INVESTIGATION?<br />
THE FUTURE IS FLEXIBLE<br />
The advantages and disadvantages of<br />
underemployment in financial services<br />
<br />
February 2019 Issue 134<br />
10<br />
COVER STORY<br />
UNDEREMPLOYMENT<br />
A look at the risks and<br />
opportunities created<br />
by flexible working<br />
for both individuals<br />
and business<br />
14<br />
FEATURES<br />
EFFECTIVE TEAMS<br />
The role of ethics and<br />
culture in addressing<br />
misconduct<br />
26<br />
TECHNICAL<br />
PREDICTING THE<br />
UNPREDICTABLE<br />
Findings from the<br />
results of the PRA<b<a title="FS Focus February 19 page 1" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=1"> FINANCIAL SERVICES FACULTY ICAEW.COM/FSFISSUE 13</a>
<a title="FS Focus February 19 page 2" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=2"> </a>
<a title="FS Focus February 19 page 3" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=3"> February 2019 Issue 134 10 COVER STORY UNDEREMPLO</a>
<a title="FS Focus February 19 page 4" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=4"> WELCOME Coping with uncertainty The human </a>
<a title="FS Focus February 19 page 5" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=5"> N E EWS & VENTS CHAIRMAN'S REPORT: RISK AND REG</a>
<a title="FS Focus February 19 page 6" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=6"> NEW ANA GETTY S LYSIS NEW YEAR, NEW </a>
<a title="FS Focus February 19 page 7" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=7"> Lorenzo Codogno, founder and chief economist at L</a>
<a title="FS Focus February 19 page 8" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=8"> SMITH UPFRONT There are </a>
<a title="FS Focus February 19 page 9" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=9"> AV ALTERNATIVE VIEW Banks are rolling out m</a>
<a title="FS Focus February 19 page 10" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=10"> THE FUTURE IS FLEXIBLE </a>
<a title="FS Focus February 19 page 11" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=11"> Underemployment has been identified as one of the</a>
<a title="FS Focus February 19 page 12" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=12"> This is not necessarily a new trend. The financi</a>
<a title="FS Focus February 19 page 13" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=13"> RISE OF THE ROBOTS As automation is starting to m</a>
<a title="FS Focus February 19 page 14" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=14"> SAFETY IN NUMBERS Mongelard turns to le to explor</a>
<a title="FS Focus February 19 page 15" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=15"> the composition of the team, the evidence did not</a>
<a title="FS Focus February 19 page 16" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=16"> It is remarkable to note that even after 10 years</a>
<a title="FS Focus February 19 page 17" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=17"> FILLING IN THE GAPS Another example of making the</a>
<a title="FS Focus February 19 page 18" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=18"> THE BIG PROFILE BANKING ON DATA Chris Evans spe</a>
<a title="FS Focus February 19 page 19" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=19"> By contrast, the big banks can make everythi</a>
<a title="FS Focus February 19 page 20" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=20"> MTD FOR VAT: GET STARTED, GET COMPLIANT Are yo</a>
<a title="FS Focus February 19 page 21" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=21"> CYBER INSURANCE CYB</a>
<a title="FS Focus February 19 page 22" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=22"> Although the Financial Conduct Authority has been</a>
<a title="FS Focus February 19 page 23" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=23"> as all fund performance in the UK retail market s</a>
<a title="FS Focus February 19 page 24" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=24"> SWISS BLISS? After years of indecision and delays</a>
<a title="FS Focus February 19 page 25" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=25"> date of 1 January 2022. When transitional periods</a>
<a title="FS Focus February 19 page 26" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=26"> The Prudential Regulation Authority (PRA) stress </a>
<a title="FS Focus February 19 page 27" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=27"> TECHNICAL: STRESS TEST provisions might resp</a>
<a title="FS Focus February 19 page 28" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=28"> TECHNICAL: REFERENCE TECHNICAL: REFERENCE TECHNIC</a>
<a title="FS Focus February 19 page 29" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=29"> 6WDWXWRU\DFFRXQWVSURGXFWLRQPDGHHDV\ HDVLHU &KRR</a>
<a title="FS Focus February 19 page 30" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=30"> PEOPLE IN FOCUS NEW YEAR HIRES AROUND LEGAL & </a>
<a title="FS Focus February 19 page 31" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=31"> PEOPLE digital banking platform in conjunctio</a>
<a title="FS Focus February 19 page 32" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=32"> CP D RESPECTING THE CODE Employee misconduct i</a>
<a title="FS Focus February 19 page 33" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=33"> PEOPLE some time thinking about those eleme</a>
<a title="FS Focus February 19 page 34" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=34"> UNFOCUSED Joseph Berardino, CEO of Arthur</a>
<a title="FS Focus February 19 page 35" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=35"> STAY AHEAD WITH ICAEW THOUGHT LEADERSHIP ICAEW i</a>
<a title="FS Focus February 19 page 36" href="https://secure.viewer.zmags.com/publication/2d7938a3?page=36"> Connections made more rewarding </a>