IIA ja ECIIA blogidest
24.11.2020 - 16:45
This practical guidance is part of the Risk in Focus 2021 publication and addresses the key topic:...
24.11.2020 - 07:15
It is perceived value that will sell our clients on our value, not esoteric ideas like independence and objectivity.
23.11.2020 - 13:38
Cybersecurity and data security have been one of the top three priority risks identified in Risk in Focus over the past five editions.
Despite increasing investments made by organisations, it...
23.11.2020 - 12:30
European Securities and Markets Authority (ESMA) has published a Consultation Paper on its draft advice to the European Commission on Article 8 of the Taxonomy Regulation. Stakeholders are invited to provide...
23.11.2020 - 01:37
I believe a perfect storm is coming that will create more pervasive talent disruption risks in 2021 than any time in memory.
20.11.2020 - 02:08
What are you doing differently from a year ago that is making you better?
18.11.2020 - 18:25
Two progress reports have been submitted by EFRAG to Commissioner McGuiness and have been published on...
18.11.2020 - 16:49
Member States start discussions on content of digital operational resilience proposal – Financial services Regulation
The proposal for a Regulation on digital operational resilience in the EU financial sector (DORA) is making its first steps through the EU legislative process. The proposal, which would introduce a detailed legislative framework on operational resilience for financial institutions in...
17.11.2020 - 06:47
The role of external influence on innovation in internal audit cannot be overstated.
16.11.2020 - 02:06
I shared an article about the decision last week on social media, and it generated a lot of reaction — both positive and negative.
10.11.2020 - 15:42
Internal audit may be able to provide a lesson to the world.
09.11.2020 - 15:48
The “normal” we return to will be decidedly different than the one we left, and internal auditors must be ready to adjust their planning, processes, and mindsets.
09.11.2020 - 11:46
This practical guidance about Cybersecurity and data security is part of the Risk in Focus 2021 publication. It...
04.11.2020 - 12:57
EBA: consultation to incorporate ESG risks into the governance, risk management and supervision of credit institutions and investment firms
The European Banking Authority (EBA) published a Discussion Paper on Environmental, Social and Governance (ESG) risks management and supervision aiming to collect feedback for the preparation of its final report on the topic. The Discussion Paper provides a comprehensive proposal on how ESG...
03.11.2020 - 13:03
The European Commission launched a public consultation on sustainable corporate governance: to foster long-term sustainable and responsible corporate behaviour
As indicated in the ...
01.11.2020 - 22:51
The value of OnRisk 2021 lies in insights drawn from measuring how key players in risk management view risks in relation to each other.
27.10.2020 - 06:46
How far should internal auditors go in delivering the truth?
25.10.2020 - 23:47
Any reluctance by audit committees to hear/solicit everything internal audit needs to say presents the profession with a call to action.
22.10.2020 - 14:51
The European Confederation of Institutes of Internal Auditing (ECIIA) elected new board members during the General Assembly, held virtually on the 20 October 2020.
Five board members were elected at the General Assembly and two are newly elected.
20.10.2020 - 12:56
The European Commission has presented the 2021 Commission Work Programme: “A Union of vitality in a world of fragility”.
The European green deal and a Europe fit for the digital age remain top priorities for 2021.
Read more at the...
18.10.2020 - 22:02
Any time a public sector internal auditor is harmed or killed in retribution for his or her work, it amounts to nothing short of an attack on our systems of government.
16.10.2020 - 07:08
Most organizational leaders underestimate the knowledge and skills within internal audit.
13.10.2020 - 17:44
EIOPA issued the Guidelines addressed to the supervisory authorities to provide guidance on how insurance and reinsurance undertakings should apply the governance requirements foreseen in Directive 2009/138/EC5 (“Solvency II Directive”) and in Commission Delegated Regulation (EU) No 2015/356 (“...
13.10.2020 - 17:34
The European Commission published the list of members of the Platform on sustainable finance. The platform will advise the Commission on the development of technical screening criteria for the EU taxonomy,...
13.10.2020 - 17:29
The European Banking Authority (EBA) published its annual work programme for 2021, describing the activities and tasks of the Authority for the coming year and highlighting its key strategic areas of work.
In 2021, the EBA will focus on six strategic areas: (i) supporting the...
12.10.2020 - 12:06
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11.10.2020 - 23:41
Internal auditors worldwide should be reminded of the urgency to keep up with changes in this risk area.
09.10.2020 - 05:14
Familiarity doesn't breed contempt, it breeds familiarity.
06.10.2020 - 11:46
EIOPA published statistics based on quantitative Solvency II reporting from insurance undertakings and groups in the EU and the European...
05.10.2020 - 04:25
A new report from the ECIIA provides valuable insights for the coming year.
30.09.2020 - 11:58
The three European Supervisory Authorities (EBA,...
29.09.2020 - 20:55
Certainty is knowledge petrified.
29.09.2020 - 17:54
EIOPA’s Risk Dashboard: European insurers remain exposed to high risks since the outbreak of COVID-19
The European Insurance and Occupational Pensions Authority (EIOPA) published its updated Risk Dashboard based on the first quarter of 2020...
29.09.2020 - 14:45
The European Banking Authority (EBA) published an online survey to receive input from credit institutions on their practices and views in the area of disclosure of information on environmental social governance (ESG) risks. The survey, which is addressed to large credit institutions that will be...
28.09.2020 - 15:43
Maybe it is time to be more skeptical about our own professional skepticism.
25.09.2020 - 16:24
Hypocrisy is the epitome of unethical behavior. Internal auditors must be alert for it everywhere we look and in everything we do.
23.09.2020 - 10:46
22.09.2020 - 17:07
For the past five years Risk in Focus has sought to highlight the key risk areas identified by Chief Audit Executives (CAEs). The purpose of this...
21.09.2020 - 00:30
I believe 2020 presents a great opportunity to closely examine how we are viewed and how we can change any mistaken perceptions in the minds of skeptical clients.
18.09.2020 - 07:55
The memory of what we have seen with our own eyes isn't what we think it is.
16.09.2020 - 17:02
European Commission President Ursula von der Leyen today pledged that the European Commission will drive a sustainable and transformational recovery that will give Europe a global platform to lead economically, environmentally and geopolitically. The initial objectives remain,...
15.09.2020 - 13:18
ECIIA and FERMA are organising a joint webinar entitled “GDPR & Corporate Governance: evaluation after 2 years implementation.”...
15.09.2020 - 08:07
Was there a time you weren't adding value?
13.09.2020 - 23:45
Anticipating risks has never been more critical than it is today.
11.09.2020 - 07:00
Internal audit's involvement in SOX compliance: is the news good or bad?
09.09.2020 - 11:00
The Commission published the findings of its study on directors’ duties and sustainable corporate governance. The study shows that listed companies...
07.09.2020 - 11:52
Towards a more resilient Europe post-coronavirus: An initial mapping of structural risks facing the European Union
The current coronavirus crisis emphasises the need for the European Union to devote more effort to anticipatory governance, notably through analysis of medium- and long-term global trends, as well as structured contingency planning and the stress-testing of existing and future policies. In order...
07.09.2020 - 11:38
EBA has published its revised working program. Main assumptions that impact advocacy are:
- Freeze of publication of new consultation papers, unless considered critical
- Limit to the minimum interaction with the industry. Only voluntary exercises with industry were planned...
07.09.2020 - 11:16
ECIIA and ...
07.09.2020 - 02:07
When everything an internal auditor encounters during the course of an audit is simply captured and included in the workpapers, they soon can be measured in linear feet.
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