How is comprehensive risk management a competitive advantage?
With security incidents and data breaches becoming more prevalent – and more disruptive – sound risk-management frameworks can not only minimize threats but give businesses a competitive advantage.
EU AI Act
As a world-first, the EU’s Artificial Intelligence Act has been introduced as the most comprehensive AI regulation from August 2024 onwards. It is a direct response to the surge of unmonitored AI innovation and usage, which now present dangerous risks to end users and wider communities if misused.
EU NIS2 Directive for Financial Entities
The digital backbone of Europe’s economy, energy grids, transport networks, banks and healthcare, is under constant attack. Escalating cybersecurity threats, with 60% of attacks via phishing, have caused the EU to introduce the NIS2 Directive in an attempt to drastically strengthen cybersecurity and resilience.
ACER shows suspicious transaction reports are rising across EU energy markets under new REMIT
The first-of-its-kind assessment looks at how regulators are processing reports of potential financial misconduct within wholesale energy markets and offers suggestions for PPATs to improve reporting amidst increased regulatory scrutiny.
The Conduct Chronicles – Fast and furious: The Regulatory Hazards of Fast Growth
While rapid growth can signal success, without proper governance and risk management, it can quickly spiral into regulatory trouble. This edition of The Conduct Chronicles explores how companies scaling too fast often face compliance failures, consumer backlash, and heightened scrutiny.
MiFID II and MiFIR: Key differences and similarities
The Markets in Financial Instruments Regulation (MiFIR) and the second Markets in Financial Instruments Directive (MiFID II) work in tandem to regulate financial instruments in the European Union (EU).
Compliance & Conversation: Exploring DORA
On 3 July, 2024, we were joined by compliance and surveillance experts for our Compliance & Conversation event. Bradley Rice, Partner, Financial Services Regulation at Ashurst, explored the potential impacts of upcoming EU operational resilience legislation – DORA.
New Channels, New Challenges – Social media, emojis, and compliant communications
A recent ESMA supervisory briefing has highlighted the potential risks of social media when it comes to investment advice, and FINRA has set out expectations around emojis and compliant communications. How can firms keep pace with emerging technologies and risks?