Blog

ISO 20022 is a key regulatory standard transforming global payments. We discussed its impact on enhancing payment system resilience, streamlining cross-border transactions, and advancing fraud prevention and compliance.

Comprehensive third-party vendor risk management (TPRM) strategy identifies, tiers and continuously monitors suppliers, aligning with GDPR, NIS2, DORA, ISO 27001 and SOC 2. Automating questionnaires, security ratings and analytics streamlines compliance, resilience and data protection.

The ESA's updates to ITS on ECAIs mark a major advancement in EU credit risk management. Key impacts include recalibrated credit ratings affecting banks, insurers, and investment firms. This necessitates revised risk models, diligent monitoring, and staff training.

The UK's strategic adoption of Basel III regulation, led by the Bank of England, is set for mid-2025, following the EU's early 2025 implementation. Key focus areas include the output floor, securitization capital surcharge, and synthetic securitizations under the STS framework.

In the digital age, mastering Annual Loss Expectancy (ALE) is essential for cybersecurity risk management. This guide delves into ALE's role in risk assessment methodologies, exploring qualitative and quantitative approaches, and advocating for a balanced strategy.