One of the greatest and fundamental transformations in the perception of modern-day economy has been brought by ESG. The quintessence of ESG undeniably created a sense of prudence in ‘business-operation’, amongst companies, consumers, investors and other stakeholders in the world of economy while questioning strategies most companies have traditionally been opting for in order to be sustainable.
On December 7, 2022, the Swiss Financial Market Supervisory Authority (FINMA) published the completely revised Circular 2023/01 “Operational risks and resilience”. These new regulations came into force on January 1, 2024 and brought comprehensive changes and adjustments to the previous standards. The most important points of the new requirements are Weiterlesen
The world of Governance, Risk, and Compliance (GRC) is evolving rapidly – and 2025 is no exception. Companies face a multitude of challenges that can impact not only their efficiency but also their compliance and competitiveness. In this article, we explore the key trends and challenges GRC professionals will encounter Weiterlesen
In recent years, the topic of sustainability and responsibility in the supply chain has become increasingly important. Two key legal frameworks that affect companies in Europe are the German Supply Chain Due Diligence Act (LkSG) and the European Corporate Sustainability Due Diligence Directive (CSDDD). Both aim to strengthen human rights Weiterlesen
The EU Commission is currently investigating possible state aid for Condor, the German airline, to determine whether it is compatible with EU competition rules. The focus is on whether the aid represents an unfair market distortion and whether it is necessary to help Condor through the crisis. This investigation is Weiterlesen
In 2025, several important laws and regulations will come into force in the EU, Germany and Switzerland that will significantly impact the governance, risk and compliance (GRC) management of companies. These new regulations affect areas such as sustainability, supply chains, financial stability and digitalization. Companies must adapt their processes early Weiterlesen
Introduction: What Does Easter Have to Do with Compliance? At first glance, Easter and compliance seem worlds apart. One conjures images of springtime, colorful eggs, and the message of rebirth and hope, while the other is often associated with rules, regulations, and restraint. But a closer look reveals a symbolic Weiterlesen
The year 2024 brings with it a dynamic shift in the regulatory landscape that will present a variety of protections as well as challenges for businesses. In navigating the complexities of an ever-evolving regulatory environment, it’s crucial to familiarize yourself with this year’s changes. In this article, we take a Weiterlesen
The Importance of Risk Control Self-Assessment (RCSA) Businesses can enjoy many benefits when they conduct a Risk Control Self-Assessment (RCSA) to identify vulnerabilities in their operations. To help you understand what a RCSA entails and the benefits it provides, we’ll explain the details of these assessments in this guide. From Weiterlesen