Businesses are adapting to digital innovation, the changing regulatory environment, as well as the risks involved therein. The impact of these changes on risk management and internal auditing will be discussed in detail at the 10th Annual Internal Audit & Governance, Risk and Compliance Forum.
Interview with the Executive Director of PRVA, Slovenia
Read the interview with Damir Verdev, Executive Director of PRVA, Slovenia
1. What are the current developments in the regulatory field and the multi-pillar pensions system?
Slovenia is now in the process of implementing what was put into law several years ago – life cycles. Practically all the pension providers managed to get their pension plans approved and we’ll start the life cycle from 1st January 2016 onwards.
2. What is Slovenia doing differently when it comes to EU regulatory compliance?
Due to the legal framework in Slovenia, pension providers can either be pension or insurance companies or banks. However, from 1st January 2016 onwards there will be a big difference between them – pension companies will still be able to follow the Solvency I system, whereas insurance companies that also offer pension will have to follow Solvency II. And capital requirements are significantly different between them – and this will have a large impact on business.
3. If you could improve one thing about Slovenian pension funds by a wave of a magic wand, what would it be?
To unify the system – we currently have different types of pension funds providers that are supervised by different regulators with differing views – hence this adds confusion into the system.
Interested in this topic?
Certified Operational Risk Management
Certified Operation Risk Management is a 3 day training on the full ambit of Operations Risk Management and mitigation, from assessment to implementation.This course uses a combination of theory, examples,case studies and will utilize a variety of proven learning techniques.
8th Annual World Islamic Retail Banking Conference
Themed as 'Reigniting Innovation', the 8th Annual World Islamic Retail Banking Conference will be a platform to brainstorm, explore and analyze innovative retail banking strategies with Islamic banking experts.
Certified Protection Officer (CPO)
The CPO program is designed for security officers and students who wish to learn more about security/asset protection. It is for the career-oriented individual. Also to get certified with leading security certification association IFPO
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Use of data mining and machine learning for fraud detection
Read the introduction to the presentation at the upcoming 10th Annual Internal Audit & GRC Forum about an in-house fraud detection tool developed at DenizBank.
Understanding Economy of Cybercrime in the Digitally Disrupted Banking Landscape by Tolga Tavlas
A sneak peek into the presentation by Tolga Tavlas at the upcoming 10th Annual Internal Audit & GRC Forum.