Monthly Roundup: Key UK Financial Services Movements Driving Talent Demand
- Regulatory Reporting Simplification – The PRA is consulting on removing 37 reporting templates, cutting costs by £26m annually. This shift increases demand for Compliance and Governance talent as firms reassess internal systems.
- £110bn Investment Surge – The UK Government’s £110bn boost to Financial Services is driving growth in high-skilled roles, with demand rising for Governance, Risk, and Compliance expertise across major UK hubs.
- Gender Diversity in Leadership – Women hold only 19% of senior roles and 9% of CEO positions. At Danos Group, 48% of our recent senior placements have been female—reflecting our commitment to balanced leadership hiring.
- Cryptocurrency Regulation – With frameworks ranging from supportive (UK, US, Switzerland) to prohibitive (China, Pakistan), institutions need talent who can navigate evolving crypto regulations.
- Failure to Prevent Fraud (FTPF) – The new FTPF offence holds firms criminally liable for fraud by “associated persons.” This heightens demand for leaders in Compliance and Financial Crime to strengthen fraud controls.
- Money Laundering Risk – High risks persist across EMIs, cryptoasset providers, and retail banking. Regulators are focusing on AML systems and controls, driving hiring needs in Financial Crime and Risk Management.
At Danos Group, we specialise in securing top Governance talent across Compliance, Financial Crime, Legal, and Risk. We partner with institutions through permanent, interim, and consulting solutions, ensuring they have the right leaders in place to navigate regulatory challenges and deliver business resilience.
