Blog
Governance, Risk, and Compliance (GRC) frameworks: in depth view
Governance, Risk, and Compliance (GRC) introduces a full framework that integrates governance, risk management, and compliance processes, enabling financial institutions to align with regulations like GDPR and Basel III while fostering resilience and ethical operations in complex environments.
MREL and BRRD: EU Banks’ Progress and Remaining Shortfalls
The Minimum Requirement for Own Funds and Eligible Liabilities (MREL) and the Bank Recovery and Resolution Directive (BRRD) are vital to EU financial stability. The EBA’s 2024 MREL Dashboard highlights 94% compliance among banks, reducing shortfalls and strengthening crisis resilience.
Is Compliance Automation the Possible Solution to Europe Over-Regulation?
The EU economy faces slow GDP growth and rising compliance costs due to overregulation, impacting innovation and profitability. Compliance automation optimises workflows with AI-powered tools for regulation monitoring, ensuring efficiency in heavily regulated industries
The RegTech Revolution: Transforming Compliance Management
RegTech is revolutionizing compliance management with AI, blockchain, big data, and cloud solutions. From automating KYC to ensuring cross-border compliance, it addresses regulatory complexity, cuts costs, and boosts efficiency.
What will be the Impact of DORA Regulation on Financial Entities?
DORA Regulation under the Digital Operational Resilience Act sets requirements for ICT risk management, incident reporting, resilience testing, and third-party oversight to enhance financial entities' resilience against disruptions.