Culture risk is often overlooked, yet it plays a key role in determining how effectively organisations achieve their objectives. From employee behaviour to ethical decision-making, culture influences every level of the business — and internal auditors are well positioned to assess and monitor it. This webinar, based on recent research by Richard Chambers and AuditBoard, […]
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The 2025 European Corporate Governance Conference in Warsaw gathered leaders from across sectors to discuss how effective governance can support long-term value, competitiveness, and resilience in today’s volatile environment. Here are the key takeaways: Equity markets and strategic risk-taking are essential for Europe’s growth. There’s a call for more patient capital, stronger boards, and smarter […]
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In its recent Opinion (CON/2025/10) on proposed changes to corporate sustainability reporting and due diligence rules, the European Central Bank recommends changes to the European Commissions Omnibus proposal, keeping companies with 500–1,000 employees within the scope of the CSRD. Instead of excluding them, the ECB suggests applying simplified, tailored reporting standards that reflect these companies’ […]
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Second edition of our banking-focused EU update – exclusively for Chief Audit Executives Join us on 24 June at 4 PM CET for a focused and timely discussion on how internal audit is responding to the rapid rise of Artificial Intelligence in the banking sector. This online session, organised by ECIIA, brings together leading voices […]
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European Securities and Markets Authority (ESMA) has just released its Guidelines on Enforcement of Sustainability Information (GLESI). The goal is to support a consistent and effective approach to how national authorities monitor sustainability disclosures under the Transparency Directive. These guidelines apply to issuers listed on regulated markets who are required to publish sustainability information under […]
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AI is transforming how organisations operate, and with it comes a new set of risks and responsibilities. As the EU’s AI Act sets the regulatory stage, internal auditors are expected to understand, assess, and navigate this evolving landscape. Based on the recent paper by IIA Global and IIA Spain: “Internal audit of artificial intelligence applied […]
The post Webinar | The Internal Audit of Artificial Intelligence Applied to Business Processes appeared first on ECIIA.
ECIIA was pleased to participate in the CSRD Practice Forum roundtable on 4 April 2025, where we shared our views alongside other stakeholders on the implementation of the European Sustainability Reporting Standards (ESRS). Accountancy Europe and the European Contact Group have now published the meeting report and the presentation slides with key insights and early […]
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The European Central Bank (ECB) has recently published a report outlining the EU’s approach to tackling greenwashing. The ECB recommends that future greenwashing legislation should build on the existing sustainability disclosure framework, including legislation like the EU Taxonomy, the Corporate Sustainability Reporting Directive (CSRD), and the Corporate Sustainability Due Diligence Directive (CSDDD). The goal is […]
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The European Banking Authority (EBA) has published a new report assessing how financial institutions are sourcing and using ESG data to identify and measure associated risks. While the findings show that banks and investment firms are making progress, the EBA also points out some persistent challenges, especially in accessing reliable, comparable, and granular data. This […]
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On 3 April 2025, Commissioner for Financial Services and the Savings and Investments Union, Maria Luís Albuquerque, addressed the EFRAG Sustainability Reporting Board (SRB), outlining the European Commission’s expectations for the revision of the European Sustainability Reporting Standards (ESRS). In her letter, the Commissioner officially mandated EFRAG to revise the ESRS in line with the […]
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