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From Manual to Managed: The Compliance Risk of Excel-Based Reg Change Trackers
In an era of constant regulatory change, many compliance teams still rely on Excel spreadsheets and other manual tools to track new rules and updates. On the surface, spreadsheets seem convenient – after all, Excel
Turning Policy into Practice: Linking Controls and Training for Real Compliance
Imagine this: A new anti-fraud policy is rolled out at a bank. The compliance team sends an email announcement, updates the policy document on the intranet, and moves on. Months later, an audit finds that
Compliance Fatigue is Real: Consolidate Your Workflows Before Your Team Burns Out
Compliance professionals in financial institutions and insurance companies are under immense strain. High-pressure regulatory environments demand constant vigilance, exhaustive documentation, and zero mistakes. The result? Burnout and turnover are rising as compliance teams struggle to
How to Build a Closed-Loop Compliance Program
The compliance landscape changes by the hour. Keeping up with regulatory updates can feel like drinking from a firehose. The stakes for missing one of those changes are high—penalties, reputational damage, and operational chaos when
Bridging the Gap Between Regulatory Change and Policy Updates in Financial Compliance
Imagine you’re a compliance officer at a large bank. One morning, you discover that a regulation issued three months ago still hasn’t been reflected in your company’s internal policy manual. The regulatory change management (RCM)
Harnessing Generative AI for Regulatory Change Management in Finance and Insurance
Staying on top of constantly changing regulations is one of the biggest challenges for compliance professionals in finance and insurance. Banks, insurers, and re-insurers face a flood of new laws, rules, and guidance from multiple
ESG Regulation in the EU: The Corporate Sustainability Reporting Directive (CSRD) and Its Impact
As environmental, social, and governance (ESG) considerations move from voluntary frameworks to regulatory mandates, the European Union has emerged as a global leader in sustainability-focused legislation. At the center of this transformation is the Corporate
Financial Crime Compliance in 2025: Preparing for the EU’s AMLA and New AML Package
The fight against money laundering and terrorist financing is entering a transformative phase in the European Union. As financial crimes evolve in complexity, the European Commission has responded with an ambitious and sweeping set of
Model Risk for Non-Financial Risks: Climate, ESG, and Beyond
Model Risk Management (MRM) has long been the preserve of financial institutions, born from the crucible of the 2008 financial crisis and codified through regulatory mandates like SR 11-7. For years, the primary focus was
Prompt Engineering for Model Risk Managers: A Powerful Ally for AI Model Oversight
Artificial intelligence and machine learning (AI/ML) have become pivotal in financial modeling, underwriting, trading, and risk scoring. As their influence expands, the responsibilities of Model Risk Management (MRM) professionals have grown exponentially more complex—and more
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