Canada has taken a significant step towards the inclusion of climate risk in its oversight of systemic risks affecting the Canadian financial system. On May 26, the Office of the Superintendent of Financial Institutions (OSFI), in its capacity as Canada’s prudential regulator…
Read More
The accelerated adoption of digital assets in our everyday lives is creating market demand across organizations as well as increasing focus across regulatory agencies and government. In large part, this is due to cryptocurrency’s potential to destabilize and disrupt traditional financial markets…
Read More
Welcome to the North America ESG Regulatory Newsletter! The goal of this newsletter is to inform practitioners about current and upcoming ESG regulations, and to provide other information helpful to navigating the rapidly evolving ESG regulatory landscape. Trending Topics (in Collaboration with…
Read More
In our initial blog we posited that Intelligent Automation (IA) and, specifically Cognitive Artificial Intelligence (AI), will be essential in Governance, Risk Management and Compliance (GRC) programs to achieve long term success and sustainability. This viewpoint comes from assessing pain points that…
Read More
On May 25th, 2022, the Securities and Exchange Commission (SEC) proposed a number of amendments to rules and reporting procedures for investment companies and registered investment advisors. The proposed amendments are designed to promote consistent, comparable and reliable information for investors concerning…
Read More
Welcome to the North America ESG Regulatory Newsletter! The goal of this newsletter is to inform practitioners about current and upcoming ESG regulations, and to provide other information helpful to navigating the rapidly evolving ESG regulatory landscape. Trending Topics (in Collaboration with…
Read More
While external fraudsters who absconded with billions of dollars in pandemic relief have dominated headlines, less attention has been paid to employees scamming those very same programs. In the two years since the advent of the COVID-19 pandemic, news headlines have been…
Read More
The EU-U.S. and Swiss-U.S. Privacy Shield Frameworks were deemed adequate mechanisms to facilitate transfer of personal data when they were initiated in 2016 and 2017, respectively. The Privacy Shield provided companies on both sides of the Atlantic a mechanism with which to…
Read More
This is the first in a two-part series on anti-fraud culture. Fraud continues to impact companies across industries and around the globe, with bad actors constantly switching their tactics to circumvent new controls. In the case of fraud, when one door closes…
Read More
Corporate legal functions of the past were focused solely on providing the best legal advice possible. Today’s legal functions are required to manage greater complexity, and an increased pace of business and regulatory change. For legal functions operating at the forefront of…
Read More
On March 30th, 2022, the Securities and Exchange Commission’s Division of Examinations (SEC) announced its 2022 examination priorities. The focus in 2022 will be on Private Funds and Registered Invest...
If you have paid any attention to the financial regulatory priorities of the Biden-Harris Administration, you know that U.S. regulators are keenly focused on environmental, social and governance (ESG)...
In our last blog, we discussed how businesses and their first line control partners should proactively manage risk as part of a successful transition to cloud and new technology implementation. The em...
The 26th United Nations Climate Change conference was held in Glasgow, Scotland from 31 October to 13 November 2021. While much has been written about the successes and failures of this Conference of ...
Environmental, Social, and Governance (ESG) regulations are emerging with speed and force, both within the United States and globally. Indeed, as we highlighted in Accenture’s 2021 Global Risk Manage...
Accenture frequently partners with leading innovative solution providers, such as 4CRisk, to bring the best technology and business solutions to our clients. 4CRisk.ai provides advanced AI Solutions f...
Cryptocurrency, or crypto, has overtaken the news throughout 2021 to date. Whether it be Bitcoin’s $60,000 price tag and subsequent fall, the rise of a coin based on a DOGE 1 meme, or a crypto service...
As evidenced by last month’s United Nations Climate Change Conference (a/k/a “COP26”) in Glasgow, Scotland, global leaders are keenly focused on climate-change and the environment. As a result, compan...
What was it the late Stephen Hawking once said? … “AI could be the worst event in the history of our civilization”? That’s hard to imagine when artificial intelligence (AI) has undoubtedly become a cr...
Many financial institutions around the globe have committed to fight climate change by setting ambitious goals in the near and long-term future and working to embed the management of ESG risks into th...
