The UK’s newly released 2025 National Risk Assessment of Money Laundering and Terrorist Financing (NRA) marks a critical turning point in how financial crime risk is expected to be understood, assessed, and managed.
In my last article, we introduced GRC 7.0 – GRC Orchestrate, a transformative shift in how we understand Governance, Risk Management, and Compliance. This new model reimagines GRC not as a collection of isolated tools and tasks, but as an integrated, dynamic capability. One that aligns performance, integrity, and strategy across the enterprise in real time.
Business decisions should be grounded in well-calculated risks, and today, most decisions adhere to this principle. However, to make informed choices, leaders rely on timely, high-quality data, including economic forecasts, competitor analysis, sales data, buying patterns, and more. They must interpret this data, eliminate distractions, and, in essence, predict future trends.
In this article, Norman Marks breaks down the double-edged nature of AI adoption in corporate legal departments, highlighting both the remarkable opportunities for productivity and the underappreciated risks that could undermine sound judgment, legal integrity, and even corporate stability. Drawing on recent industry surveys and personal observations, Marks makes a compelling case for why risk and audit professionals must step up and get involved.
When things are going well—when markets are humming, innovation is booming, and everyone feels flush—it’s tempting to believe the system is safer than it actually is. That’s exactly the moment risk professionals should be most concerned.
Across boardrooms and back offices, the promise of AI is animating strategy sessions and shaping budgets. Everyone wants in on the productivity gains, the streamlined operations, the predictive insights. But behind the excitement lies a quietly growing tension: how do you govern a technology that can improvise, evolve, and sometimes go off-script?
We are entering a new chapter in the evolution of Governance, Risk, and Compliance. This is a chapter not just marked by smarter systems or slicker dashboards, but by a fundamental shift in how organizations align purpose, navigate uncertainty, and embed integrity across the enterprise. This is GRC Orchestration in full force: not a rebranding or a bolt-on, but a metamorphosis. GRC is becoming sentient, not in the sci-fi sense, but in the sense that it now continuously learns, adapts, and acts in context.