Embracing technology and innovation in compliance and risk management

Are we truly becoming more knowledgeable to new and emerging risks? Organisations are collecting more data โ€“ the foundation of any decision making โ€” 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 directorโ€ฆ

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ESG regulatory requirements grow as source of risk, opportunity

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.โ€™s latest Emerging Risks Monitor Report. ESG regulatory requirements present organizations with both notable risksโ€ฆ

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Pandemic accelerates fraud for APAC corporations

The move to digital and online transactions has increased the risk for fraud. The cost of fraud for retail, ecommerce and financial institutions is high. According to the LexisNexis Fraud Multiplier โ€“ the total amount of loss a firm occurs based on the US dollar value of a fraudulent transactionโ€ฆ

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