Independent advice,
challenge and support

About RBAS

RBAS provides independent expert advice, challenge and support at senior levels.

Richard Barfield Bsc FCA has broad-ranging advisory and business experience gained in a long career at PwC. He was also Finance Director at Barclaycard and at Hertz UK.

We assist financial services clients on risk and regulatory issues, specialising in prudential risk aspects such as ring-fencing, stress testing and risk frameworks.  We have been working closely with the Hogan Lovells financial services team since 2019, often with early-stage FCA solo-regulated firms.

From a wider perspective, we advise on Brexit issues such as the impact of trade barriers. We have also contributed a range of articles and briefing papers on Brexit.

Richard Barfield Advisory Services Limited is incorporated in England and Wales with registered number 09993013.

Richard Barfield Advisory Services Limited is incorporated in England and Wales with registered number 09993013.

Services

Prudential risk

Regulators expect firms to manage prudential risks effectively with adequate capital and liquidity at all times. This involves the risk management framework, governance, risk appetite, stress testing, ring-fencing etc.

Clients range from PRA-regulated banks to FCA solo-regulated such as investment management firms and Electronic Money Institutions.

Early-stage firms

Our clients are often early-stage firms faced with the challenge of meeting changing regulatory expectations as the business grows.

We help clients with the authorisation process, developing the regulatory business plan and anticipating regulatory challenges.

Brexit

We created the Brexit FactBase website to provide spin-free Brexit facts.

We have also contributed several papers and articles to the Brexit debate, mainly on trade-related issues and UK trade performance.

Selected publications

Banking Regulation: Mastering the New Regulatory Landscape

Covers post-financial-crisis regulation and how to build the changes into the business.  Written by a global team of experienced practitioners at PwC led by Richard Barfield. Foreword by Mr William Coen, Secretary General for the Basel Committee on Banking Supervision.

  • Bank supervision, capital, liquidity, stress testing and risk management
  • Culture, conduct, remuneration and the proposed Basel reforms to risk-weighted assets
  • Technology and infrastructure, including resolution, restructuring, derivatives and central clearing

Publisher: Thomson Reuters/Sweet and Maxwell, 2016

Brexit FactBase

Website in e-book style:

  • Objective, spin-free facts on Brexit issues
  • Comprehensive Brexit information in one place
  • Free to access

Published in 2018 and updated regularly.

Mind the gap

This blog quantifies the serious shortfall emerging in UK services exports to the EU.

Publisher: UK in a Changing Europe, King’s College London, April 2022

The new costs for business post-Brexit

Provides a quick scan of the new Brexit red tape and its implications for UK exports of goods and services to the EU.

Publisher: UK in a Changing Europe, King’s College London, February 2021

UK trade and the World Trade Organisation

An extensive briefing for non-specialists on WTO, UK trade and the Brexit trade options. ‘The best explainer on tariffs, WTO etc. that I have seen’ – Professor Judith Freedman (Oxon).

An outstanding team of experts contributed to the paper, including: Sir Martin Donnelly, Andrew Sentance CBE, Professor L Alan Winters CB, George Peretz QC, Professor George Yarrow and Peter Ungphakorn.

Publisher: UK in a Changing Europe, King’s College London, February 2021

A Practitioner's Guide to Basel III and Beyond

Complete guide to the proposed new Basel Accord, written by a team of experts from PwC led by Richard Barfield.

Explores how the new regime differs from Basel II, and how it will be implemented.

Publisher: Thomson Reuters/Sweet and Maxwell, 2011 (reprinted 2012)