Blog

In today's interconnected business landscape, Third-Party Risk Management (TPRM) is pivotal. As firms increasingly rely on external partners, the potential for risks grows. Effective TPRM ensures businesses can benefit from third-party collaborations while adeptly managing potential threats.

Central Bank Digital Currencies (CBDCs) are reshaping global finance, offering secure alternatives to traditional money forms. However, challenges like potential disintermediation and data privacy concerns loom.

The PRA's updated framework on GSIIs highlights a global shift towards synchronized financial regulations. As banks span continents, unified rules become vital. The inclusion of trading volume and insurance subsidiaries reflects modern banking's multifaceted nature.

Selecting the ideal GRC software for financial institutions demands thorough scrutiny. From understanding unique institutional needs to examining vendor credibility, security standards, total costs, and future adaptability, every aspect plays a crucial role.

The European Commission's revamp of PRIIPVO under its retail investment strategy is set to reshape the financial landscape. Highlighting a digital shift with electronic BIBs aligned with MiFID II, the proposal also paves the way for diversified investment via MakeWhole clause bonds.