Blog

Basel Committee Banking Supervision

Basel Committee Banking Supervision

The Basel Committee consults on revised Core Principles for banking supervision, reflecting industry changes since 2012. These principles are minimum standards applied globally, evaluated by the IMF and World Bank in their FSAP.

GRC Operational Risk Management

GRC Operational Risk Management

Operational Risk Management (ORM) is the process of identifying and mitigating risks to an organization's operations. It focuses on internal and external factors that can disrupt business operations and aims to protect the organization by eliminating or minimizing risk.

Governance, Risk and Compliance(GRC) Financial Challenges

Governance, Risk and Compliance(GRC) Challenges

Navigating future compliance in financial services requires adaptability to emerging trends and technologies. With rising cyber threats, AI use, data privacy concerns, and the advent of crypto-assets and blockchain, fostering a compliance culture is paramount for financial institutions.

PSD3 regulation: What will Change?

PSD3 regulation: What will Change?

The Payment Services Directive 3 (PSD3) aims to enhance the EU payment services market, balancing consumer protection, competition, and technological advancements. Key changes include improved transparency, better protection for blocked funds, and responsible access to financial data.

Capital requirements Regulations(CRD6/CRR3): Banking Package

Capital requirements Regulations(CRD6/CRR3): Banking Package

The EU Banking Package, a pivotal part of recent European bank prudential law, modifies the Capital Requirements Directive and Regulation (CRD6/CRR3). Aimed at enforcing Basel 3.1 reforms in EU jurisdiction, it seeks to bolster regulation, supervision, and risk management in the banking sector.

Reduce your
compliance risks