,

MiFID II, GDPR and other legislation – what has the impact been after one year?

At Oxial we choose our partners very carefully, preferring to only work with companies and consultancies that really add value to our own proposition and technology. One such partner is EY, which fits our supervised and digital compliance model particularly well.

With Oxial’s technology to automate controls and processes around compliance legislation, in conjunction with the vast industry expertise and understanding offered by EY’s consultants, there is a powerful proposition for any organisation that wants to approach compliance in a more joined-up and modern way.

,

No-deal Brexit could spell disaster for firms struggling to stay on top of GDPR

We’ve written previously about how Brexit is the ultimate in risk management. Organisations must fully understand their level of exposure to Brexit – what is their supply chain, who do they trade with and what the likely impact of Brexit will be?

They can either make changes ahead of time to mitigate that risk or at least put in place contingency plans for the future. That’s a hard task right now because of the sheer uncertainty involved with Brexit. Even now, with just over a month or so until Brexit takes place, we do not know what form it will take or even if there will be a deal or not.

,

Three ways to optimise your Governance, Risk and Compliance function

We discussed recently the growing importance of Governance, Risk and Compliance (GRC), as organisations look to protect themselves against the multitude of threats faced by organisations in 2019.

We live and work in a world containing more risk than ever before and the penalties for non-compliance and poor governance are also growing and are increasingly being enforced by regulators. So GRC has become one of the most important functions in any business, valued by the board and playing a central role in the strategy of many organisations.

For those firms committed to GRC there is an on-going challenge to ensure that it operates as it should. What should those organizations be doing to optimise their GRC function?

,

Thank you for being with us at the Dakar conference!

We would like to thank you for the participation in the ”Dirigeants, managez vos risques à l’ère du digital” Conference. Each and every one of you has brought strong expertise and experience around the table and engaged in an interesting exchange on risk-management topics.

Throughout a day-long conference, our experts helped you to better understand the needs of a proper solution to manage risks, turn threats into opportunities and better be safe, than sorry.

Thanks to the speeches delivered by key speakers of the conference, we have had a fruitful question and answer sessions with the participants.

,

Why smart organisations are increasingly looking to GRC?

The rise of Governance, Risk and Compliance (GRC) software platforms over the past decade has been remarkable. What were once business disciplines that ticked along independently from the rest of the organisation, are now central to everything and amongst the most important functions in a business.

Staying on top of governance requirements, managing and mitigating risk and ensuring compliance, are all interconnected and taken extremely seriously by the smartest organisations. They all have the foresight to understand the benefits to business and acknowledge the need to invest in the right tools to ensure governance, risk and compliance functions all operate to the best of their ability.

,

Google GDPR fine signals a new chapter in data protection

Since the General Data Protection Regulation (GDPR) came into force in May 2018, we have been in somewhat of a holding zone. The European Union (EU) was never going to issue a major fine in the first few months, preferring instead to give organisations the chance to fully ready themselves for GDPR and to err on the side of leniency.
But news this month (January 2019) that Google is to be fined 50 million euros by the French data regulator CNIL, for a breach of the EU’s data protection rules, signals that the holding pattern is over and the EU is ready to get tough with organisations found to be non-compliant with GDPR.
What are the consequences of Google’s GDPR penalty and what can be done if an organisation is still not GDPR-ready?

,

What cybersecurity trends are set to emerge in 2019?

Cybercrime has grown ever more professional and organised over the past decade. The last few years especially have seen a number of high profile cyberattacks, where the ability, professionalism and sophistication of hackers has outweighed most companies’ ability to defend themselves.
That’s to say that they aren’t trying though. Cybersecurity is now a major industry, whose sheer size and growth would outstrip the GDP of many countries.

But as well as being unable to defend themselves effectively, many organisations also struggle to even quantify the impact of such risks, leaving them more vulnerable than ever. What cybersecurity threats and trends will we see in 2019 and how best can organisations defend against them?

,

Upcoming: IFACI 2018

Increased regulation, increased risks with the advent of new technologies … internal audit is gaining importance within companies. But to achieve its revolution, the internal audit function needs to become more digital.

On November 15 and 16, 2018, at the Beffroi de Montrouge, come and contribute to the discussions on the evolution of the GRC profession and risk management as a whole.

As a PwC study points out, exploiting new technologies – including collaboration, data extraction, data analysis and automation – will improve internal audit processes, and so too its contribution to the company’s performance.

,

OXIAL SPONSORS IFACI 2018

We offer innovative solutions that help organizations meet new challenges in compliance, GRC, risk management, internal control and audit.

OXIAL’s integrated platform provides a centralized collection of quality information, delivering unprecedented efficiency when managing risk and regulatory requirements.

Equipped with advanced and intuitive tools, OXIAL facilitates the synchronization of corporate governance, reporting and compliance demonstration activities, significantly reducing the duration of audits and the workload of the teams involved.

,

Join OXIAL at IFACI 2018

On November 15 and 16, 2018, at the Beffroi de Montrouge, come and contribute to the reflections on the evolution of the profession of the GRC and risk management as a whole.

This year, become a full participant in the conference at the Cooperative Workshops. Let yourself be guided by inspiring personalities and the best experts throughout program sessions.

Internal audit, internal control, risks, compliance, …. The IFACI 2018 Conference is more than ever a unique opportunity to discover, share and co-create the best professional practices.