Regulatory reporting and oversight is a focus across many jurisdictions, as we start to come out of the Pandemic.

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Regulatory reporting and oversight is a focus across many jurisdictions, as we start to come out of the Pandemic. The Bank of England following its commissioning of a number of reports from skilled persons¢â‚¬Â to assess systems and controls on data reporting, was clearly unhappy by the standard of reporting. Required as part of Banks mechanisms to assess and manage risk.

The BoEs response was to the point ¢â‚¬Å“We were disappointed to find significant deficiencies in a number of firms. Setting a clear expectation that they will be following up with those concerned.

I’m starting to feel the rise in regulatory tension here in the UK and US.

#theaugustagroup‚ #theaugustaplan‚ #cybersecurity‚ #supplychainriskmanagement‚ #cyberriskmanagement‚ #compliance‚ #cyberinsurance‚ #insurance‚ #regulatorycompliance‚ #regulatoryoversight‚ #esgrisk‚ #cyberregulation‚ #esgreporting‚ #soc2‚ #defenceindustry‚ #esg‚ #defence‚ #dodi500090

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Cybersecurity, Regulation & Compliance

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