About: Christine Thomas
This author has not yet filled in any details.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...
Managing Static Reporting Requirements with a Dynamic Regulatory Change Management Process
In the current financial environment, regulatory compliance stands as a foundation stone. As organizations navigate their ways, they are continuously challenged to adjust to changing regulations. The regulatory change management pro...
How to Build Digital Risk Insights for Successful Risk Management
In the current, swiftly evolving digital environment, every click, swipe, and tap produces valuable data. As we live on the cusp of digitalization, financial enterprises are at a crossroads. On one side, there is the temptation of h...
Explore the Intricate Synergy of Internal Audit and Risk Management
It has been critically observed that a couple of functions stand out for their essential role in safeguarding organizational sustainability and integrity: internal audit and risk management. While each offers a unique realm of oppor...
Top 10 Considerations to Boost Compliance Management Framework in 2023
In an age where the regulatory environment transforms with steady complexity and frequency, the anchor of any forward-looking enterprise is its capability to adapt and remain compliant. A holistic compliance management framework is ...
Enhancing ERM Through the Effective Use of KRI Risk Management
According to AuditBoard, only 37% of risk leaders are confident their assessments capture all key risk drivers. This points to inefficient frameworks being used to measure risk within organizations. Enterprise risk management (ERM) ...
Important Aspects of the CFPB Regulation Section 1071 Rule Compliance
In the ever-challenging world of financial regulation, one new rule is capturing attention and making waves for financial enterprises: Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. But what story revo...
Unraveling the Barriers to Effective Third-Party Risk Management
Enterprises across various sectors are undoubtedly progressively dependent on third parties to perform their daily operational requirements. Gone are the days when vendor relationships were motivated by cost efficiency solely. In this...