Blog

Insight into the European Banking Federation's influence on the Regulatory Technical Standards for ICT Incident Classification within the DORA Regulation. Highlights challenges in defining Critical Services and implementing Proportionality Principle.

January 2024 IASB and ISSB meetings highlighted IFRS standards' evolution, focusing on SMEs, sustainability, and transparency. Key topics included adapting IFRS for SMEs, integrating sustainability in financial reporting, and enhancing transparency in IFRS compliance

The discussion highlights AI’s evolution as a strategic asset in GRC frameworks. It underscores the necessity of structured AI strategies for balancing risk management with innovation and adapting to regulatory changes, emphasising AI's significance in modern business environments.

Discussion on the integration of compliance automation with GRC software in modern businesses, highlighting its impact on operational efficiency, risk management, and agility. Focuses on ROI maximisation strategies and the future trajectory of compliance automation in regulatory environments.

2024 marks significant updates to the UK's Solvency II Regulation, focusing on enhanced insurance branch supervision and ESG integration. These reforms are set to impact capital requirements, policyholder protection, and market competition.