Blog

Capital Requirements Directive (CRD) and Pillar 2 Requirements (P2R) address institution-specific risks, with Basel III's output floor ensuring comparability in risk-weighted assets. The EBA's guidance mitigates overlaps, manages double counting, and aligns P2R with regulatory reforms.

The Digital Operational Resilience Act (DORA) strengthens EU financial sector resilience against ICT risks. Effective January 2025, DORA mandates unified cybersecurity frameworks, advanced resilience testing, and third-party oversight.

The 2024 Regulatory Review highlights key changes in Governance, Risk, and Compliance (GRC). These updates redefine accountability, risk management, and compliance, fostering resilience and innovation in the financial sector's evolving regulatory landscape.

GDPR compliance in the AI era addresses key aspects such as AI model anonymity, legitimate interest, and risk mitigation. The evolving landscape highlights the importance of aligning AI systems with regulatory standards to ensure transparency, accountability, and ethical innovation.

Traditional GRC software has often been criticized for being like "Excel + reminders + folders" with extra steps. As geopolitical risks rise AI-powered risk management tools, like those from Grand Compliance, offer real-time tracking, analysis, and actionable insights.