AI Governance for Financial Services: A Practical Blueprint for UAE Chief Risk Officers In recent years, risk and governance have risen to the top of executive agendas in financial services. According to a 2025 World Economic Forum report, nearly 60 percent of financial institutions identify governance and risk management as the most critical priorities for […]
An In-Depth Look Into the ADGM’s New Cyber Risk Management Framework Recent global data shows that financial firms were targeted in about 27% of all industry data breaches in 2023, more than any other sector. One cybersecurity survey also found that financial services organizations experienced up to 300 times more cyberattacks per year than non-financial […]
Following Abu Dhabi Finance Week 2025, the ADGM has reaffirmed its role as the region’s premier centre for capital, investment and financial innovation. Within this backdrop, Abu Dhabi Global Market (ADGM) has become a natural home for asset managers and fund managers seeking institutional, sovereign and family office capital. Why ADGM for asset and fund […]
Do you ever feel unprepared when an internal audit deadline is near? Are you unsure which processes need the most attention or how to gather the right documentation efficiently? Do you worry about missing critical steps or overlooking important risks during a review? These are a few common challenges internal auditors face when managing complex […]
Most firms still treat continuity as a vertical checklist. Resilience asks a different question: “When our most important customer journeys are disrupted, how quickly can we recover to an acceptable level and prove it?” That horizontal view is the shift. I felt this shift first-hand running the operational resilience work for Global Banking at HSBC. […]
A Practical Guide to Finding the Best Internal Audit Firm for Your UAE Business According to Protiviti’s Pulse of Internal Audit Survey Report UAE—2024, 92% of internal-audit teams in the UAE report that their function adds value through assurance and advisory work. This figure shows how the internal audit function has moved beyond compliance reviews […]
Introduction The Institute of Internal Auditors (IIA) published the Global Internal Audit Standards (GIAS) in January, 2024. The GIAS will become effective January 9, 2025. Domain III on Governing the Internal Audit Function includes Standard 6.2 Internal Audit Charter. From a governance perspective, this is the most important Standard as the Internal Audit Charter includes […]
Introduction The nature of risk management is perpetually evolving which is of course, natural, as practitioners seek to drive improvements through either rethinking existing practices or through innovation. One such area on which there is often no overall agreement, is that of risk aggregation. There are few studies on this issue and neither ISO nor […]
