Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Blogs July 14, 2023 Top Takeaways from the EBA’s Report on the ML/TF Risks of Payment Institutions The European Banking Authority (EBA) recently released a report on its 2022 review of the money laundering/terrorist financing (ML/TF) risks of European payment institutions (PIs). There are nearly 900 authorised PIs in the EU which are subject to Directive (EU) 2015/849 (‘AMLD’) for anti-money laundering and terrorist financing (AML/CFT) purposes. While many of the EBA’s findings are… Flash Report March 29, 2023 COSO Issues Supplemental Guidance on Internal Control Over Sustainability Reporting The Committee of Sponsoring Organisations of the Treadway Commission (COSO) has released supplemental guidance on how to effectively apply the 2013 Internal Control — Integrated Framework (ICIF) — which is currently applied to financial reporting — to sustainability reporting. The guidance results from a project approved by the COSO board a year ago with the objective of helping organisations “… Flash Report November 3, 2023 Are SEC Charges Against SolarWinds and Its CISO Signaling a New Era of Personal Accountability? In this Flash Report, we summarize the SEC’s allegations against SolarWinds and offer nine points for executives and functional leaders with SEC registrants to consider regarding their own accountability and responsibility for public reporting. Whitepaper October 24, 2024 Reframing Regulatory Change: Adapting to Win Regulations continue to expand in number and scope, driven by a variety of sources. As a result, the industry must deal with regulatory change on an ongoing basis. Some companies take an ‘adapting to win’ approach, which benefits not just how they manage regulations (and regulators) but their systems, controls and processes. Client Story May 26, 2023 Transforming risk culture from the bottom up: A global insurance provider’s RCSA journey A leading global property and casualty insurance provider set out to transform its risk controls as part of an ongoing effort to promote a culture of excellence. Siloed knowledge of operational risk and controls made it difficult for the organisation to improve quality and compliance. Establishing awareness of vulnerabilities and mitigation protocols across the organisation would boost regulatory… Whitepaper July 23, 2020 Impact of COVID-19 on Construction Projects The Construction Recovery Road Map to Mitigate the Aftermath of COVID-19 Introduction The coronavirus (COVID-19) disease, known to the whole world as a global pandemic, has been the trending topic of the year, drastically impacting the economy and disrupting the lives of many people, businesses operating in numerous industries, financial markets and supply chains. All capital projects come with… Newsletter August 14, 2020 One Year Later: Does The Business Roundtable Statement Matter? A year ago, the Business Roundtable (BRT) released its “Purpose of a Corporation” [1] statement expressing a “fundamental commitment” to deliver value to all company stakeholders. Today, as the economy emerges from a terrible pandemic, does this statement matter to directors? The BRT’s statement in which 181 chief executives of prominent American companies committed to deliver value to… Newsletter December 10, 2021 The Buffett Newspaper Test: What It Means and Why It's Important Transparency and consequences can be powerful leadership deterrents. For the board and CEO and their personal brands, the critical question is, what will key decision-makers in their organisation do in situations when no one is watching? When the subject of ethical and responsible business behavior arises, Warren Buffett advises managers to evaluate every action they take — and not just by legal… Newsletter February 14, 2021 The Top Risks in 2021: A Global Perspective Our global survey of C-level executives and directors about macroeconomic, strategic and operational risks highlights the influence of the COVID-19 pandemic, the economy, digital technology, talent and organisational resiliency on the risk landscape over the near term.[1] Our survey captures insights from 1,081 C-level executives and directors, 39% of whom represent companies based in North… Whitepaper February 16, 2021 Top Risks for 2021 and 2030 - Energy and Utilities Industry Perspectives Pandemic-related policies and regulation, economic conditions are top concerns in energy and utilities industry The continuing global challenges and potential existential threat posed by the ongoing COVID-19 pandemic. Political divisiveness and polarisation. Social and economic unrest. Gridlock. Artificial intelligence (AI), automation and other rapidly developing digital technologies. Rapid… Load More
