GRC Report has been granted an exclusive first look at OCEG’s comprehensive 2025 GRC Maturity Survey, and one key finding stands out with striking clarity: having a well-defined GRC strategy is the single most powerful differentiator in organizational GRC maturity.
As Gen Z increasingly enters the workforce and takes the reins in shaping corporate cultures, environmental sustainability and technology, particularly artificial intelligence (AI), are rising to the forefront of workplace expectations. A new survey from Deloitte reveals that these concerns are not only driving career choices but also redefining what it means to be a responsible corporate entity in today’s rapidly evolving risk landscape.
In today's risk landscape, regulatory-driven practices often fail to deliver meaningful value. Graeme Keith examines the challenges and opportunities presented by the dichotomy between Risk Management 1 (RM1) and Risk Management 2 (RM2). By exploring the unintended consequences of regulatory pressure on risk management systems, Keith presents a case for evolving traditional risk practices into a more strategic, decision-supportive approach.
In his most recent article, Norman Marks investigates whether cyber truly stands as the top risk for organizations today. While surveys consistently highlight cyber as one of, if not the leading risk, Norman dives deeper into the data and offers a unique perspective on whether this truly reflects the reality organizations face.
In the midst of extreme global uncertainty and market turbulence, BaFin President Mark Branson delivered a message of optimism and resilience at the authority’s annual press conference on May 7, 2025. Addressing journalists in Frankfurt, Branson set the tone for Europe’s financial future, underscoring the need for strong institutions, legal clarity, and simplified regulation.
In a year marked by economic challenges and global uncertainty, Austria’s financial sector has shown impressive resilience. The Austrian Financial Market Authority (FMA) 2024 Annual Report paints a picture of a financial system that is not just surviving, but thriving amid the storm. Executive Directors Helmut Ettl and Eduard Müller highlighted how Austria’s banks and insurers managed to weather the storm, with a steady focus on stability and profitability—key pillars for navigating the turbulence ahead.
In his most recent article, Tim Leech explores whether Chief Legal Officers (CLOs), Chief Risk Officers (CROs), and Chief Audit Executives (CAEs) have a legal duty to brief the board on its fiduciary responsibilities related to escalating MCOs and associated risks. By diving into the roles of these executives, Tim Leech highlights their obligations to ensure that boards are well-informed about the risks that need to be managed and monitored to protect the organization.