As 2024 drew to a close, our Group Chief Risk and Compliance Officer, Keith Davies, spoke with InsuranceERM’s Ronan McCaughey to share his reflections on the developments in emerging risk management over the last twelve months and his view on the outlook for the regulatory landscape in 2025. To understand how we’re thinking about emerging risks, you can read the full article here: https://lnkd.in/e6T5uBUs
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Protect your business from the rising threat of underinsurance—our webinar is now available on-demand! In this insightful session, which took place on Tuesday, 29th October 2024, the Gallagher Risk Management team explored: • What underinsurance is and how it occurs • The serious consequences of being underinsured • Which types of properties are most likely to be underinsured • The significance of the ‘Average Clause’ • How to address underinsurance head-on Watch it now ➡️ https://okt.to/RtI38w
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⚠️ Is your business fully protected against the risks it faces daily? We understand that every sector has unique risks. With over 50 years of expertise, we offer leading risk management services to help your business thrive while minimising threats. Our tailored solutions ensure you achieve legal compliance, meet insurer expectations, and unlock opportunities for increased reward and competitive advantage. Contact us today to learn more. #RiskManagement #BusinessProtection #ChristopherTriggLTD
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Former UK banking regulator, Risk and Compliance professional. Operational Risk, Operational Resilience, TPRM and Regulatory Affairs Consultant and Trainer. Former Chairman IOR England & Wales
Please see attached a paper we've written around some potential conflicts between these two key regulatory priorities - operational resilience and consumer duty - and some solutions! We argue that integrated risk management is key to navigating the challenges and managing these conflicts. Andrew Sheen Julien Haye
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Helping Financial Institutions with Early Risk Detection from Unstructured Data | Credit Risk | TPRM | FinTech
Learn from recent costly non-compliance fines: With global non-compliance fines hitting $6.6 billion in 2023, risk management pros should augment financial analysis with unstructure data analysis for early risk detection. #riskmanagement #compliance #financialanalysis #unstructureddata
The cost of non-compliance is soaring. Last year alone, global non-compliance fines amounted to a staggering $6.6 billion! What can risk management professionals learn from all this? Our latest blog looks at 6 recent expensive non-compliance fines and what we can learn from them. Read and let us know your thoughts in the comments below! https://lnkd.in/dYQVktaT
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Co-Founder of TRaiCE|AI Adoption in Business Lending|Data Strategy|Scoring Platform Building|AI/ML modeling|MIS|Decision Engines|Compliance|Model Governance|Regulatory Exams
Regulatory scrutiny on lenders has intensified, with a disproportionate focus on Third-Party Risk Management (#TPRM). However, #commerciallending #riskmanagement is also about better governance across various functions. Close monitoring of borrowers, vendors, supply chains, and counterparties is a crucial preparation for compliance and audit readiness. TRaiCE 24x7 monitoring brings a fresh perspective to lender's risk management arsenal. It helped our clients when the regulator come knocking ! Talk to us for a 15 minutes demo. #communitybanking #businessbanking #ICBA
The cost of non-compliance is soaring. Last year alone, global non-compliance fines amounted to a staggering $6.6 billion! What can risk management professionals learn from all this? Our latest blog looks at 6 recent expensive non-compliance fines and what we can learn from them. Read and let us know your thoughts in the comments below! https://lnkd.in/dYQVktaT
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The European Commission recently issued important updates on the “best efforts” obligation under Article 8a of Council Regulation 833/2014. If your organisation operates in high-risk jurisdictions or has foreign subsidiaries, the changes could directly impact your risk management practices. #TeamSPB review the updates and provide actionable takeaways ➡️ https://ow.ly/ZhqP50UhWY0 #CouncilRegulation | #EUOperators | #EUCommissionUpdates
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Did you know your organization's data collection practices could lead to lawsuits, reputational damage or hefty fines? Don't risk it! Implement smart risk management strategies now. Learn essential techniques to protect your organization. https://hubs.la/Q02TRlqL0 #DataPrivacy #RiskManagement
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In today’s fast-paced and unpredictable business environment, managing risk isn’t optional—it’s essential. At Komonde Resources, our Risk Management Services are designed to protect your business from uncertainties, enabling you to thrive with confidence. Don’t let risks hold you back—partner with us to build resilience and achieve peace of mind. visit our site for more information https://buff.ly/3Z0f6t3
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The implementation of the Supply Chain Directive poses major challenges for the companies concerned. The regulatory landscape is becoming increasingly diverse and risk management more complex. Check out the article in today's Die Presse by #CERHAHEMPEL partners Anna Wolf-Posch and Armin Schwabl and associate Felix Sturm: https://lnkd.in/dR3gikEV #QualityMatters,#CERHAHEMPELStrategicFit,#SupplyChainDirective
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Is your company prepared for supply chain risks? Learn how proactive strategies and legal support can protect your services and maintain stability in challenging times. Our blog provides insights into why consulting firms prioritize risk management for sustained success. https://lnkd.in/g_RmJ6p2 #SupplyChainRisks #BusinessStability #ConsultingExcellence #LegalGuidance
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