In a world increasingly driven by technology—where digital infrastructures and cross-border financial networks underpin the very foundations of the modern economy—financial and economic crime has assumed a new and formidable form. Gone are the days of handwritten ledgers and paper-based transactions; today’s threats emerge through cyberattacks, sophisticated digital money laundering…
Read more
Negotiation forms the seventh pillar of the Holistic Framework for Fraud Risk Management and is a fundamental component for achieving strategic solutions in the complex landscape of fraud and cyber risks. This pillar focuses on finding constructive and mutually beneficial solutions through effective communication and negotiation strategies. Instead of allowing…
Read more
Litigation is the sixth pillar of the Holistic Framework for Fraud Risk Management and plays an essential role in navigating the legal complexities of fraud and cyber incidents. This pillar focuses on the effective management of legal disputes and proceedings, where a proactive and strategic approach is crucial. The aim…
Read more
Compliance with the Corporate Sustainability Reporting Directive (CSRD) involves organizations meeting the reporting requirements and deadlines outlined in the directive.…
Read more
Compliance with the Corporate Sustainability Reporting Directive (CSRD) involves organizations meeting the reporting requirements and deadlines outlined in the directive.…
Read more
The scope of the reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) encompasses various aspects of sustainability reporting. The CSRD extends reporting obligations to a wide range of organizations, including large public-interest entities (PIEs) and certain smaller companies. In summary, the CSRD expands the scope of sustainability reporting by…
Read more
It's important for organizations to address the challenges of CSRD while leveraging the opportunities to integrate sustainability into their corporate culture and create value for all stakeholders. A strategic approach to compliance can help organizations overcome these challenges and maximize the benefits.…
Read more
It is important to note that CSRD compliance requires ongoing adherence and improvement, as sustainability reporting is an evolving and complex process. Engaging experts in sustainability reporting and governance can assist organizations at each stage of the approach and ensure effective compliance with the CSRD.…
Read more
Early compliance with CSRD standards is not only an obligation but also presents opportunities for growth, improved performance, and value creation in both financial and societal aspects. It can help organizations better prepare for the increasing focus on sustainability in the business world.…
Read more
The Task Force on Climate-related Financial Disclosures (TCFD) is an international working group established by the Financial Stability Board (FSB), an international body focused on financial stability. The TCFD's purpose is to promote transparency regarding climate-related financial risks and opportunities. The TCFD has developed guidelines that organizations, both companies and…
Read more