Blog

ESMA's public consultation on CSDR Regulation, set from Dec 15, 2023, to Feb 29, 2024, marks a significant phase in fintech regulation. Focusing on securities depositories, the consultation invites diverse fintech stakeholders to contribute towards shaping the regulatory environment.

2024's financial landscape is shaped by pivotal Governance, Risk, and Compliance (GRC) trends. Key strategies include leveraging AI for compliance, enhancing cybersecurity, integrating sustainability, and managing third-party risks, essential for navigating regulatory and technological changes.

The EU's new Cybersecurity Regulation marks a pivotal step in digital defense, unifying cybersecurity standards across all entities. It emphasises robust risk management, transparency, and innovation, enhancing EU's resilience against evolving cyber threats.

The OECD's revised corporate governance guidelines for SOEs underscore the significance of ESG principles, ethical standards, and board diversity. Set for completion in 2024, these changes aim to enhance sustainability, ethical practices, and decision-making.

GRC technology is changing business operations, offering comprehensive solutions for governance, risk management, and compliance. Its strategic implementation enhances efficiency, ensures standardised processes, and fosters dynamic reporting, leading to improved decision-making.