2018 Planning Priorities for Internal Audit in Financial Services
In addition to topics recognised as key in prior years, 2018 sees the addition of a number of new planning priorities to consider, including ‘Model Risk Management’ and ‘Customer Vulnerability’. Rapid developments in robotics, automation, Blockchain and FinTech are on the agendas of financial services organisations, generating new and evolving risks for internal audit to address, as well as providing opportunities for internal audit functions to innovate in respect of their methodology.
This latest edition of our hot topics paper explores key priorities that internal audit departments should be considering for 2018. Internal audit is not an isolated or standalone activity: it should be responsive to business issues and change, and provide confidence in the outcomes firms generate.
The Open Banking era begins
Open Banking is intended to shake up the payments market by requiring banks to provide TPPs with customers’ transactional data and access to customer accounts to make payments on their customers’ behalf. But the Open Banking revolution will get off to a slow start while several regulatory questions remain to be answered.
Ahead of the curve
Forward-looking solutions for tomorrow’s leading asset management firms
Innovation in Private Banking and Wealth Management
Embracing the Business Model Change
The future of risk in Financial Services
With increased regulatory expectations and emergent technologies, the future of risk management will look dramatically different than the current risk capabilities many are familiar with.
Initial coin offering
A new paradigm
We have all seen or heard the sensationalized headlines about Initial Coin Offerings, or ICOs. But what exactly are these events? Will they really disrupt venture capital as a means to fund development? In this paper, we review the fundamentals of ICOs that have taken the market by storm.