Perspectives from the 1RS team on risk, compliance, RegTech and the platform we're building.
65 articles · page 1 of 8
We recently sat on a panel of the webinar hosted by the advisory specialists ARQ in Malta to discuss the pitfalls and successes of embedding an effective & efficient risk culture. Here are some of the key thoughts and take aways from the panel of experts. The heightened risks associated with running an organisation in
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In addition to supporting the business strategy of an organisation evolving with growth into new products, different markets, digitalisation, meeting customers’ expectations, and pressure to drive revenue, the Compliance Function now has the new challenges of implementing DORA regulations. The sheer volume of regulatory requirements with high punitive and reputational implications for non-compliance and the need
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We are thrilled to announce that Wealth & Finance International have recognised 1RS as the winners of the Best Risk Management & Compliance Software Solutions in 2023! Ever since 1RS and our first software solution ERIC was designed and built using our firsthand knowledge of what a risk and compliance department really need to
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A risk assessment procedure that successfully serves your organisation is more than creating a list of risks.
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Today, the majority of our business and personal lives are dominated by our access to technology. From business platforms, personal apps and third-party providers, technology drives our daily experience. Projections show that the technology industry is set to exceed $5.3 trillion this year, as firms continue to push back the boundaries of the possible, and champion
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More and more organisations are currently seeking out technology-enabled GRC systems to avoid critical pitfalls. GRC is an investment not only to avoid future failures, but to enhance strategy, process, and culture in a way that supports; proactive risk management, increased transparency and informed decision making. But as with any investment, organisations must weigh the
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With eyes firmly on the calendar for the new Consumer Duty Regulations coming into force in July 2023, many companies may think they have it covered…… “It's just an extension to TCF rules, right?” WRONG Consumer Duty is so much more. It is about putting the consumer at the same level of importance as the
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A risk assessment procedure that successfully serves your organisation is more than creating a list of risks.
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Ever since the FCA launched a review into Motor Finance and published their report in Mar 2019, there has been much speculation as to whether the industry is careering towards another PPI type mis-selling scandal. As we all know, the PPI issue has cost the organisations impacted an estimated GBP48 Billion in penalties, compensation, withheld
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