The Risk & Compliance Platform Europe offers a qualitative online database with white papers, case studies and best practice articles on risk and compliance. This free information is used by many professionals to inform and orient a possible purchase or policy decision.

Do you want to publish your white paper / case study / best practice article on the Risk and Compliance Platform Europe? Simply send an email to info@riskcompliance.nl including your contact details and a brief summary of your proposed article. Our editorial staff will contact you as soon as possible to discuss the options for publishing your document / article.

Visitors to the Risk & Compliance Platform Europe can download any white paper / case study / best practice article for free. This service is intended for those with a professional interest in risk and / or compliance.


Risk & Compliance Whitepapers

Is Risk Management Redundant?

12 April 2023

Marinus de Pooter has put forth a brand new white paper on the subject of risk management. Conventional, compliance-driven risk management practices easily degenerate into a separate illusory system. He argues that companies should instead focus on improving decision making and dilemma reconciliation. This article has also been published in Strategic Finance.

You can download this white paper on our platform for free.

Continue reading…



Building Artificial Intelligence in Credit Risk: A Commercial Lending Perspective

08 November 2022

Are you about to deploy AI (Artificial Intelligence) and ML (Machine Learning) in your risk modelling processes? Would you like to discover the benefits of automatic decision models in combination with the right choices, governance, scalability and control? Then we recommend that you download this content-rich white paper from SAS for free with topics about Commercial Lending, Credit Application Phase, Data Gathering, Credit Risk Quantification, Pricing, and RAROC, to name a few items.

The use of AI and ML can have a direct impact on customer satisfaction. The administrative work for both customers and back-office employees is greatly reduced. The speed to reach a decision is increased. In addition, credit files are handled much more efficiently and faster, which benefits both the financial institution and the customer. The additional advantage of the use of AI and AM for the account manager is that he/she has more time to focus on business development.

Continue reading…



Top Trends in RegTech – Shaping Financial Services With Regulatory Technology

21 September 2022

The total value of money laundering is estimated to be at 2 to 5% of the global Gross National Product (GNP). That amounts to hundreds of billions of euros per year. In the fight against money laundering, national and international supervisors are imposing more and more rules on financial institutions and banks in order to curb money laundering practices. These rules have the disadvantage, which is that well-intentioned and bona fide customers are repeatedly harassed and have to prove their identity again and / or explain where their money comes from. However, this can be arranged differently using RegRech.

This new white paper from Hyarchis takes a closer look at the five most important trends and discusses them one by one in greater detail. The five trends described in the white paper are, first of all, Customer Due Diligence, where there is a risk of high fines if not executed properly. The second trend is transaction monitoring, in which Artificial Intelligence and Machine Learning play an important role. The third trend mentioned is Platformication, in which the existing infrastructure is preserved, but at the same time it is flexible enough to integrate new products via external service providers. The fourth trend that is discussed is Cloud Security, or in other words, cybersecurity today that comes into play. The fifth and final trend discussed in this white paper is Regulatory Reporting, where the integrated reporting obligations imposed by regulators in particular are an enormous challenge.

Download this white paper now for free.



The Total Economic Impact™ Of Diligent Entities

26 July 2022

Cost Savings And Business Benefits Enabled By Diligent Entities

Today’s businesses are interconnected with one another, increasingly becoming more complex, and often facing various forms of external uncertainties. Risk and compliance professionals are expected to contribute to if not actively play a role in mitigating emerging risks, innovate at breakneck speed, keep pace with changing regulatory requirements, and identify areas of growth. For organizations operating hundreds or thousands of entities and subsidiaries, these challenges are often amplified.



5 Climate Change Risks You’re Probably Not Talking About… (But Should Be)

16 May 2022

Support for environmental proposals has never been higher, and companies are feeling the pressure from stakeholders of all kinds: not only investors, but also customers and employees. The climate crisis can have a huge impact on your business – and while the longer-term implications may be obvious, there are a number of specific operational and business risks that your organization may not have considered. In their brand-new whitepaper, Diligent outlines five key climate change risks you could be in danger of overlooking – and highlights the benefits of addressing them proactively.

* Transition Risk – we’re all familiar with the business-adjacent physical risks that come with climate change. But organizations must also give serious consideration to transition risk: the legal, technology, market and reputation risks associated with climate transition planning.

*Scope 3 Emission Risk – the regulatory grip is tightening on Scope 3 emissions (defined as all indirect emissions that occur in the company value chain, including both upstream and downstream emissions). While reporting on Scope 3 emissions is not yet mandatory for most businesses, it will soon become a requirement.

*Talent Risk – the success – or failure – of an organization is dependent on the skills and expertise of those leading the way. As companies adjust to a low-carbon economy, they must anticipate the operational, reporting and leadership challenges ahead – and anticipate the skill sets they will need across all lines of business.

*Diversity Risk – diversity needs to be given serious thought from a climate standpoint. Failure to include marginalized voices will encourage a myopic approach to climate issues, which need to be considered from every angle.

*Profit Risk – organizations must identify ways to create value now through investments in businesses or in capabilities that will contribute to solving the climate crisis.

Your reaction to climate change now will define how your business fares in the future. Download this whitepaper on our platform for free to discover what the benefits are of addressing these climate change risks.



Know Your Customer’s ESG Risks

24 April 2022

Why ESG should be part of a Financial Institution’s Customer Due Diligence process !

Customer Due Diligence is a key component of a compliance framework and an essential tool for managing the risk of financial crime and money laundering. However, as the regulatory landscape continues to evolve and issues relating to climate change, human rights and social responsibility are gaining importance, financial institutions are under pressure to broaden their view of ESG risks when assessing their current and potential customer base.

Why should a Financial Institution’s Compliance and Risk professionals care about ESG? What are key considerations for a successful ESG risk assessment? And finally good practices and recommendations are to be found in this whitepaper.



A Buyer’s Guide to ESG Data Management Software

31 January 2022

Are ESG initiatives meeting expectations, deadlines and commitments? Is data being consistently disclosed across stakeholders and frameworks? An ESG solution can help boards and executives keep their fingers on the pulse of activities and progress — and spot red flags before they escalate into issues. For these reasons and more, monitoring and reporting capabilities are core to an effective ESG solution. A dashboard, particularly a customizable one with real-time data, can give organizations visibility into KPIs, metrics and commitments. And automated monitoring can help ESG teams sift through mountains of information in a fraction of the time.

Preparing your organization for today’s ESG data challenges and beyond ? This whitepaper can be downloaded for free.

Continue reading…



Regulatory Technology on the Rise

09 October 2021

The 2008 financial crisis paved the way for a wave of new laws and regulations in the financial sector. The financial system’s collapse had a profound impact on the global economy, which led to stricter scrutiny over financial institutions and specifically their role as gatekeepers. Increasingly, the responsibility of combating financial crime is shifting to the private sector, and there are now estimated 750 institutions worldwide that regulate activities within the financial services industry. This has a huge yet largely unseen impact on the industry. Compliance with laws and regulations is thus becoming less of a prerequisite and instead becoming a core competency for financial institutions.

Continue reading…



Risk in Focus 2022

28 September 2021

Risk in Focus is an annual thought leadership research project analysing the top risks faced by organisations across Europe. It is an essential tool for audit committees and a barometer of what Chief Audit Executives (CAEs) and others perceive as their organisations’ risk priorities for 2022 and beyond. Climate change and environmental sustainability is now seen as a top five risk by as many as 31% of CAEs, representing an increase of more than 40% on last year’s survey.

The new report identifies leading risks to organisations in 2022 as: cybersecurity and data security, change in laws and regulations, and digital disruption and AI. As businesses weigh up what working models to embed post-pandemic, the risks to culture, morale and staff cohesion should not be underestimated. Human capital, diversity and talent management is cited by 40% of CAEs as among their top five risks. Moreover, the report takes its lead from COVID-19 and the dizzying pace of change and uncertainty that the pandemic has brought as regards data security, workplace fatigue, financial risk, etc. It also looks to climate change as a principal risk at what is a time of conflicting priorities for internal audit.

As a visitor to the Risk & Compliance Platform Europe, you can download the new Risk in Focus 2022 report for free.

Continue reading…



KYC Remediation: Mistakes and Best Practices

01 December 2020

Regulatory scrutiny obliges banks to re-validate existing clients. Done right, it leads to better customer data and less fraud – but done wrong, it can be the ultimate money pit Visitors to the Risk & Compliance Platform Europe can download this white paper about KYC Remediation for free. This document is intended for those with a professional interest in risk and / or compliance.

Continue reading…