Blog
SA-CCR: How it Affects Counterparty Credit Risk?
The Standardised Approach for Counterparty Credit Risk (SA-CCR) is a method used for calculating credit risk in OTC derivatives, exchange-traded derivatives, and long settlement transactions. Developed by BCBS, it addresses previous method flaws, providing a risk-sensitive measure.
Corporate Sustainability Due Diligence Directive (CS3D)
The AFME proposes amendments to the Sustainability Due Diligence Directive, supporting its objectives for financial institutions. They advocate a risk-based approach, addressing concerns on scope, due diligence, and civil liability.
DORA Regulation: How it will affect third-party management?
The Digital Operational Resilience Act (DORA) introduces new measures for financial firms to address third-party risks. DORA emphasizes risk management procedures and due diligence on third-party providers. Firms must monitor their activities and conduct regular assessments of their own resilience.
PSD3: Payments Service Directive Regulation
The European Commission has revealed new regulatory drafts impacting the payment industry, including the Payment Services Directive 3 (PSD3), Payment Services Regulation (PSR), Financial Data Access Regulation, and Digital Euro Regulation.
GRC: How Financial Services can be Affected?
issteps in governance can prompt operational issues and potential legal complexities, affecting a company's standing and profit margins. Moreover, certain risks, such as cybersecurity, can erode customer confidence and lead to financial setbacks.
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