This partly reflects the growing importance of regulation Data sovereignty and compliance are now an important factor in shaping IT selection and design decisions. Almost half the respondents (48 per cent) to IDC’s Cloud Pulse 2Q22 survey (n=1350) say that data sovereignty and industry compliance have factored highly in discussions…
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COVID-19 pandemic has driven an unparalleled pace of regulatory change There are four primary options available to legal and compliance leaders to cope with unprecedented levels of regulatory change, according to Gartner, Inc. These regulatory changes are being driven by increasing regulatory oversight, renewed geopolitical tensions and the ongoing COVID-19 pandemic. “The…
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Are we truly becoming more knowledgeable to new and emerging risks? Organisations are collecting more data – the foundation of any decision making — because of improving technologies, changing business needs, to satisfy regulatory requirements and to enhance risk management capabilities in our institutions. According to Damien Pang executive director…
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Emerging risks monitor report reveals ESG disclosures increasingly top of mind for executives in Q2 2021. Regulatory risk related to environmental, social and governance (ESG) disclosures has rapidly risen to the second overall position in Gartner, Inc.’s latest Emerging Risks Monitor Report. ESG regulatory requirements present organizations with both notable risks…
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Raising organisational risk Audit organisations should improve their visibility into change but they should also strive to deploy audit resources faster a February 2021 survey of 200 audit business partners by analyst firm Gartner revealed, that over half (56 per cent) of respondents said they were facing more changes in…
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Few countries have dedicated local bodies for sanctions enforcement. During COVID-19, the speed and frequency of change in economic and trade sanctions regimes from major international regulators has increased the complexity associated with financial crime and trade compliance, at a time when APAC organisational resources may already be stretched thin,…
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