
Insights
The ADGM’s New Cyber Risk Management Framework Explained
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 […]
Establishing an Investment Management Firm in ADGM
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 […]
Internal Audit Checklist: Key Steps for a Seamless Audit Process
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 […]
From Business Continuity to Operational Resilience: Where the UAE stands and what’s next
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 and become an essential part of business decision-making. Many UAE companies now treat internal […]
Internal Audit Charter: Minimum requirements to comply with IIA Standards
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 […]
Risk Aggregation – Purpose, Challenges & Approaches
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 […]
Risk Appetite – Framework & Approaches
Introduction For banks or financial institutions, risk appetite is a particularly important component of an end-to end risk management framework. It needs to be supported by other risk management components, such as a comprehensive risk taxonomy, robust risk identification and assessment processes, data and analytics capabilities, and a risk aggregation and prioritization logic based on […]
