Blog

2024's financial landscape is shaped by pivotal Governance, Risk, and Compliance (GRC) trends. Key strategies include leveraging AI for compliance, enhancing cybersecurity, integrating sustainability, and managing third-party risks, essential for navigating regulatory and technological changes.

The EU's new Cybersecurity Regulation marks a pivotal step in digital defense, unifying cybersecurity standards across all entities. It emphasises robust risk management, transparency, and innovation, enhancing EU's resilience against evolving cyber threats.

The OECD's revised corporate governance guidelines for SOEs underscore the significance of ESG principles, ethical standards, and board diversity. Set for completion in 2024, these changes aim to enhance sustainability, ethical practices, and decision-making.

The EU's Corporate Sustainability Due Diligence Directive (CSDDD) marks a pivotal shift in corporate responsibility, particularly for large companies in the financial sector, including insurers.

AFME's Q3 2023 report highlights significant progress in Basel III compliance within European banks. Key findings include improved CET1 ratios and a revival in AT1 instrument issuance, indicating a robust, resilient banking sector poised for growth and stability.