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Regulatory

Internal audit’s dead; long live internal audit as a business transformer?

By Kenneth TombsFood for thought, Regulatory, Security & Assurance, TransformationNo Comments

Internal audit is inevitably getting stronger in its influence, while external audit gets hammered by too often letting directors get away with it!  Internal audit at its most simplistic is…

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April 6, 2021
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Where contracts and standards collide

By Kenneth TombsCommercial, contractual, RegulatoryNo Comments

This topic has come up twice in the last few weeks, so its worth a comment online as food for thought. A contract/agreement defines the pricing, payments and how the…

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April 6, 2021
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Outsourcing and third party risk management – additional record keeping for SME

By SophieRegulatoryNo Comments

If you are a smaller businesses selling to banks then be aware of this possible record keeping regulation. Chapter 4: Governance and record-keeping1.11 The PRA is planning a follow-up consultation…

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April 2, 2021
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Loosing the personal data means still having it!

By Kenneth TombsGDPR, Policy & Process, Security & AssuranceNo Comments

The French Information Commissioner, CNIL, has created something of a conundrum for your business continuity and disaster recovery plans. Its adjudicated that loosing all your organisation’s data constitutes a breach…

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March 26, 2021
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Why so much here on GDPR?

By Kenneth TombsBusinessOptix, Digital Techniques, Digital Twin, GDPR, Simulation, Technical UnemploymentNo Comments

No such thing as a coincidence it seems. Three people asked over the last week why the emphasis on data privacy when the focus is on governance, operating models and…

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March 26, 2021
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CAYMAN ISLANDS – data privacy taken seriously!

By Kenneth TombsGDPRNo Comments

Local Ombudsman sanctions Jacques Scott Group following cyber attack – how the world is changing! Jacques Scott Group have been fined by the local Ombudsman after a ransomware attack. It…

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March 23, 2021
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BASEL IV, 3.1, finalised reforms or whatever its called – January 2023 beckons…

By Kenneth TombsCorporate Governance, Food for thought, Regulatory, UncategorizedNo Comments

Unless you are a bank or in the finance sector then this is probably of little interest. Probably. For most of us this quiet revolution, or finalised ten years of…

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March 12, 2021
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Federal Information Transparency and Personal Control Act – what goes around comes around…

By Kenneth TombsGDPR, RegulatoryNo Comments

The previously Senate rejected Information Transparency and Personal Data Control Act, is about to be re presented by which aims to create a national data privacy standard. In particular, Republican…

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March 12, 2021
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European Data Protection Board – strategy for 21/22

By Kenneth TombsGDPRNo Comments

Download the two years strategy document here in English as a PDF.

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March 11, 2021
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European Commission launches process on personal data flows to UK

By Kenneth TombsGDPRNo Comments

February 2021 – …the Commission has carefully assessed the UK’s law and practice on personal data protection, including the rules on access to data by public authorities. It concludes that…

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March 11, 2021
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