Blog

Introducing a framework for reporting on MREL and TLAC requirements, addressing legal act referencing changes, providing templates, instructions, numbering conventions, and abbreviations.

The Swedish Institute against Money Laundering (Simpt) seeks public input on revised guidelines to combat money laundering and terrorist financing. These regulations cover critical areas like risk assessment and customer due diligence.

The Basel Committee consults on revised Core Principles for banking supervision, reflecting industry changes since 2012. These principles are minimum standards applied globally, evaluated by the IMF and World Bank in their FSAP.

Operational Risk Management (ORM) is the process of identifying and mitigating risks to an organization's operations. It focuses on internal and external factors that can disrupt business operations and aims to protect the organization by eliminating or minimizing risk.

Navigating future compliance in financial services requires adaptability to emerging trends and technologies. With rising cyber threats, AI use, data privacy concerns, and the advent of crypto-assets and blockchain, fostering a compliance culture is paramount for financial institutions.