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Our Insights

Banks and ESG: how can data management help reach ESG compliance?
Financial institutions encounter a variety of challenges during their business operations. There is yet another concept that is currently gaining traction in the financial world. Environmental, Social and Governance (ESG) considerations are now becoming even more relevant for banks than ever before.
BR-AG is a finalist of the Europe FinTech Awards!
Headquartered in Poznań, Poland Business Reporting Advisory Group (BR-AG) is a strategic partner for central banks, market supervisors, business registers, banks, insurers, and other market players worldwide in bridging the gap between financial policies, legal requirements, and technology. By connecting business knowledge, regulatory intelligence and an in-depth understanding of IT requirements...
PwC Belgium and BR-AG collaborate on agile platform to unlock value behind regulatory reporting
As regulatory reporting requirements become more complex and regulators become more demanding on the data quality, financial institutions must deal with time-consuming regulatory reporting processes and manage the associated risks. Tapping into this challenge, PwC Belgium, with the support of technology-collaborator BR-AG, developed Regulatory Reporting Insights, powered by BR-AG’s ATOME Matter and ATOME Particles solutions.
Spotted in UK: Where are we with Solvency II Review?
In the European Union, insurers are preparing for the 2020 Solvency II Directive review, with EIOPA publishing their opinion at the end of 2020. Whereas EIOPA has noted that overall, the regime is working well and only requires a number of adjustments, the post-Brexit question still looms large: What is the UK approach towards reviewing Solvency II?
The CBI publishes Taxonomy 2.0 introducing XBRL to PRISM and FINREP returns
The Central Bank of Ireland (CBI) has published Taxonomy 2.0., which introduces XBRL versions of: • PRISM Impact Metrics Data return (“PIMD”) • FINREP return(s) currently submitted on ONR by investment firms / fund service providers.
Spotted: New Sustainability Disclosure Requirements in the UK
The UK government announced plans to introduce new Sustainability Disclosure Requirements (SDR’s), which will be another addition to the sustainability framework, next to TCFD requirements. According to John Glen, the UK will shape the new requirements drawing heavily from the EU’s sustainability approach and the Global Reporting Initiative (GRI).
Third consultation on IFPR published by the FCA
The Financial Conduct Authority has published the third consultation paper on the upcoming Investment Firms Prudential Regime (IFPR), set to go live in January 2022.
Were are we with EU sustainability reporting standards?
Whether it’s the upcoming mandatory ESG disclosures or increased scrutiny reflected in data granularity, the road leading up to 2022 (and beyond) is a challenging one. In a financial world that is so profoundly wired together, a small change on one end can unravel a process on another end, and the wind of change will affect all involved. Approaching the publication of our whitepaper on major trends shaping reporting in the European Union, we share our subjective teaser on trends that are and will be a major influence.
Marking the first half of 2021: Major European trends for reporting
Whether it’s the upcoming mandatory ESG disclosures or increased scrutiny reflected in data granularity, the road leading up to 2022 (and beyond) is a challenging one. In a financial world that is so profoundly wired together, a small change on one end can unravel a process on another end, and the wind of change will affect all involved. Approaching the publication of our whitepaper on major trends shaping reporting in the European Union, we share our subjective teaser on trends that are and will be a major influence.