As part of the global Wolfsberg Group, Deutsche Bank has determined a number of risk related controls, along with its 12 Banking counterparts, to refresh the policy, procedure, governance, and oversight around global risk assessments. This is in order to understand how organsiations can continue to manage preventative and protective means of risk reduction, in line with the changing landscape of digitalisation and vendor management. Hugh took part in the recent committee, and will be share outcomes from the regional discussion:
- Measuring the extent of how digitalisation and fintechs change risk and control programs of management
- What are the key steps to identify incoming risks and future proof ahead of regulatory action and monitoring with effective action plans?
- Examples of new risks relating to fraud, bribery and corruption and how they fit into the latest recommendations for Financial Crime Management frameworks
VP- Anti-Fraud, Bribery & Corruption APAC