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<br /> FINANCIAL<br /> SERVICES<br /> FACULTY<br /> ICAEW.COM/FSFISSUE 127<br /> JUNE 2018<br /> FSFocus<br /> THE RISING SUN<br /> ASSESSING BUSINESS<br /> POTENTIAL IN JAPAN<br /> FOR UK FIRMS<br /> STRANGER DANGER<br /> THE INSURANCE<br /> SECTOR AND THE RISKS<br /> OF OUTSOURCING<br /> CULTURE<br /> SHOCK<br /> How have widespread<br /> reforms changed<br /> the financial services<br /> culture post crisis?<br /> CONNECTIONS MADE MORE REWARDING<br /> THE VOLVO V90 CROSS COUNTRY: AN ADVENTURE IN LUXURY WITH 0% APR<br /> The connections we make have the power to improve our lives. As a member of ICAEW, you have unique access to a<br /> 0% APR Conditional Sale offer on our luxurious, adventurous estate – the V90 D4 AWD Cross Country Automatic.<br /> For £519 per month, based on a £17,801 deposit over a 36 month term, you can enjoy its versatile off-road<br /> capabilities, practical space and range of pioneering safety and connectivity features. You<a title="FS Focus June 2018 page 1" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=1"> FINANCIAL SERVICES FACULTY ICAEW.COM/FSFISSUE 12</a> <a title="FS Focus June 2018 page 2" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=2"> CONNECTIONS MADE MORE REWARDING </a> <a title="FS Focus June 2018 page 3" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=3"> June 2018 Issue 127 COVER ILLUSTRATION: JACOB ST</a> <a title="FS Focus June 2018 page 4" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=4"> WELCOME The power of questions A recent Ha</a> <a title="FS Focus June 2018 page 5" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=5"> N E EWS & VENTS CHAIRMAN'S REPORT: INSURANCE NE</a> <a title="FS Focus June 2018 page 6" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=6"> NEW ANA GETTY S LYSIS KEEPING LOW An interes</a> <a title="FS Focus June 2018 page 7" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=7"> “Banks have suffered margin compression for s</a> <a title="FS Focus June 2018 page 8" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=8"> SMITH UPFRONT Though Don</a> <a title="FS Focus June 2018 page 9" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=9"> OVERVIEW FS FACULTY HIGHLIGHTS This sum</a> <a title="FS Focus June 2018 page 10" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=10"> Culture club The financial crisis saw a gung-ho s</a> <a title="FS Focus June 2018 page 11" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=11"> when they are suitably informed about what it inv</a> <a title="FS Focus June 2018 page 12" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=12"> a board can satisfy itself not only that the tone</a> <a title="FS Focus June 2018 page 13" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=13"> “Through frequent campaigns at all levels in </a> <a title="FS Focus June 2018 page 14" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=14"> POWER TO THE PEOPLE Dominic Hammond takes a look </a> <a title="FS Focus June 2018 page 15" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=15"> only help organisations identify their skills lev</a> <a title="FS Focus June 2018 page 16" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=16"> At first glance, Japan is the perfect destination</a> <a title="FS Focus June 2018 page 17" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=17"> KEY TOPIC: JAPAN because wholesale is more lucr</a> <a title="FS Focus June 2018 page 18" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=18"> THE BIG PROFILE OCCUPATIONAL HAZARDS </a> <a title="FS Focus June 2018 page 19" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=19"> ARE FIRMS INCREASING RECRUITMENT TO MEET THE DEMA</a> <a title="FS Focus June 2018 page 20" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=20"> MOVING YOUR FLEET FORWARD WITH THE UK'S MOST TEC</a> <a title="FS Focus June 2018 page 21" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=21"> AUDITING SOLVENCY II Matt Feroze at the Prudentia</a> <a title="FS Focus June 2018 page 22" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=22"> MISPLACED TRUST Carillion's collapse has shown ho</a> <a title="FS Focus June 2018 page 23" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=23"> TAYLOR CALLERY/IKON divided by the total earned </a> <a title="FS Focus June 2018 page 24" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=24"> ALL CHANGE The impact of new leasing standard IF</a> <a title="FS Focus June 2018 page 25" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=25"> The lessor accounting requirements are broadl</a> <a title="FS Focus June 2018 page 26" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=26"> A WORLD DIVIDED Nicholas Hyett explores the split</a> <a title="FS Focus June 2018 page 27" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=27"> more demand for protection products. Whether </a> <a title="FS Focus June 2018 page 28" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=28"> TECHNICAL: REFERENCE TECHNICAL DIRECTORY A round</a> <a title="FS Focus June 2018 page 29" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=29"> £199 PER MONTH </a> <a title="FS Focus June 2018 page 30" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=30"> PEOPLE IN FOCUS LEADING ACADEMIC JOINS BARI</a> <a title="FS Focus June 2018 page 31" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=31"> PEOPLE way of doing things like fossil fuels </a> <a title="FS Focus June 2018 page 32" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=32"> T B ID CPD WELCOME ABOARD Thomas Lawrenc</a> <a title="FS Focus June 2018 page 33" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=33"> PEOPLE CYBER HYGIENE ESSENTIALS 1. Firewall</a> <a title="FS Focus June 2018 page 34" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=34"> UNFOCUSED THEY SAID IT... `MENOPAUSAL' E</a> <a title="FS Focus June 2018 page 35" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=35"> </a> <a title="FS Focus June 2018 page 36" href="https://secure.viewer.zmags.com/publication/cd41e7ae?page=36"> Unlike other insurers we provide comprehensive co</a>