About: Christine Thomas
This author has not yet filled in any details.Regulatory Harmony in 2024: Shaping the Future of Insurance Sector Compliance
The insurance industry saw transformative shifts in 2023, laying the ground work for a future where resilience and adaptability are imperative. This trend will continue in 2024 as insurance businesses prepare to safeguard individu...
Unlock Excellence with the Modernizing Insurance Compliance Management Processes
In an era where the insurance industry is constantly navigating through a sea of evolving regulations and escalating expectations, the role of Chief Compliance Officers has never been more pivotal. The pressures from internal and ext...
6 Major Elements to Focus on for Building an Excellent Compliance Management Framework
The 2024 landscape of financial regulation and compliance management presents complicated and ever-evolving challenges for financial institutions. With fast-paced technological advancements and dynamic regulatory environments, the ...
Exploring Risk Management Trends to Impact the Insurance Sector
The insurance industry, renowned for its adaptability, has undergone a wide array of changes in recent years. The world has been shaped by macroeconomic shifts, emerging risks, and innovative business models. To succeed and thrive, i...
Generative AI Risks in IT and Cybersecurity for Financial Organizations
Generative AI tools have really come to the forefront of digital revolutionary advancements in the last couple of years. There is no doubt that these tools offer unprecedented capabilities in content creation and manipulation, but fi...
Impact of Recent Regulatory Changes on IT and Cyber Risk Management
Recent regulatory changes have significantly elevated the role of IT and cyber risk management in the financial sector and beyond. These changes stem from a growing awareness of the vulnerabilities that modern businesses, particular...
5 Considerations for Banks Implementing AI-Powered Solutions in Compliance Management Process
Regulatory bodies create and supervise the compliance rules that are mandatory for banks and other financial institutions. It is critical for organizations to strictly abide by these regulations. Noncompliance can turn into hefty pe...
How Banks Can Develop an Effective Framework for IT and Cyber Risk Assessment
Cybersecurity and IT risk management have become quite critical for modern banking operations. Increasing reliance on technology has brought in a new era of convenience and efficiency for customers, allowing them to utilize banking se...
Top 6 Foremost Practices for Effective Third-Party Risk Management
The importance of effective third-party Risk Management (TPRM) must be addressed in the current era, where financial organizations' ecosystems are progressively becoming interdependent and complex. The EY Global Third-Party Risk Man...
6 Crucial Attributes to Enhance the Efficiency of Your Regulatory Change Management Process
As a chief compliance officer, you must have encountered compliance failures because of an ineffective regulatory change management process. The root cause could be the frequent regulations throughout the financial industry, includi...