Latest blog posts

  • EC’s climate-related reporting depends on robust governance

    05/2/2019 NEW

    ECIIA has welcomed the European Commission’s latest proposals on the reporting requirements for businesses relating to how their activities impact the climate. In particular, the document – published by the Technical Expert Group on Sustainable Finance– says that organisations’ reporting methods should depend on how far they are...

  • Boards face greater risks


    Boards of directors are exposed to a wider range of risks and carry more accountability than they did only a decade ago, according to a recent webinar hosted by the directors’ body Ecoda “Mitigating risks at board level”. The speakers agreed that boards’ exposure to risks now goes...

  • The future of corporate reporting


    Sustainability is likely to be a major focus for the next wave of corporate reporting reform for the European Commission, according to speakers at a recent Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG Fisma) conference. “Sustainability is the issue of the day and will impact...

  • Update Ferma-ECIIA Cyber Risk Governance Report


    The associations have called for organisations to create dedicated internal cyber risk governance groups to address digital risks across the whole enterprise as the threats evolve. A new version of the publication has been issued.

  • EC to update non-financial reporting directive


    The European Commission (EC) is planning to update its non-binding guidance on how to implement the Non-Financial Reporting Directive and set out proposals for consultation in June 2020. The directive, which affects about 6000 companies in Europe, sets out how organisations can effectively communicate the environmental, social and ethical impacts...

  • ECIIA response to the European Commission consultation ‘Fitness check on the EU framework for public reporting by companies’


    ECIIA welcomes the Commission’s fitness check initiative on the EU framework for public reporting by companies. We believe that the objective of this fitness check on corporate reporting should be to simplify and better tailor the information provided to the need of creditors, investors, and shareholders, instead of creating...

  • ECIIA General Assembly 2018


    The ECIIA General Assembly took place on October 6 in Madrid. The Board of Directors has welcomed a new representative for Italy: Gianfranco Carolia,  Chief Audit Executive of Ferrovie dello Stato Italiane S.p.A., Member of the Audit Committee of FAO, Founding member of AITRA, Member of the Audit...

  • EBA’s draft regulations on outsourcing need tighter focus


    The European Banking Authority’s (EBA) draft Guidelines on outsourcing (EBA/CP/2018/11) should give more emphasis on the role of the first and second lines of defence in the oversight of outsourced activities, ECIIA has said in its written response to the consultation. More specifically speaking, the response continued, management should...

  • Risk in Focus 2019: Hot topics for internal auditors


    We are happy to share the third edition of Risk in Focus defining hot topics for Internal Auditors. This edition is the result of a collaborative effort between seven European institutes of internal auditors in France, Germany, Italy, the Netherlands, Spain, Sweden and the UK and Ireland. As...

  • Internal auditors playing greater role in insurance regulation


    Insurance regulators and supervisors across Europe are increasingly looking to internal auditors to help their organisations achieve the necessary compliance requirements, according to a recent meeting of ECIIA’s insurance committee in Stockholm, Sweden. While trends in supervision and regulation differ across Europe, many authorities are looking for insurers...


IIA Hungary is organising an international conference in Budapest, on March 13 with the participation of Naohiro Mouri. #internalaudit

The Services of the European Commission has published today a Consultation on the Update of the Guidelines on Non-financial Reporting. Stakeholders are invited to provide comments on the Consultation by 20 March #NonFinancialReporting #InternalAudit

On 30 January 2019, @ACCAAudit and @EYnews jointly organised an event in Brussels on the impact of Digital and Artificial Intelligence on audit and finance professionals. See the highlights of the event here

The Directorate General Justice and Consumers of the European Commission is launching its Online Platform on Corporate Governance. This is a digital space for the exchange of best practices between companies, investors, private and public stakeholders.

The @EUCorpReporting is presenting its latest report, regarding the analysis of companies' reporting under the EU Non-Financial Reporting Directive. #CorporteSustainabilityReporting #internalaudit

EC’s climate-related reporting depends on robust governance -

The @ecgiorg has published a Law Working Paper on The End of “Corporate” Governance (Hello “Platform” Governance). The paper explores the fact that the largest and most successful businesses in today’s digital world operate as “platforms” #Governance

"One of the keys for auditors is combining digital technologies and solutions in audit executions" Ivana Maletic at the Impact of Digital and Artificial Intelligence on audit and finance professionals' conference organised by @ACCAAudit and @EYnews #DigitalImpact_Audit

"Europe is challenged on digital investment in the banking sector and in the lack of unified capital market" #EUFSConf19

The European Commission has published a notice regarding the impact of the withdrawal of the UK from the EU in the field of data protection.

The Basel Committee maintains a two-year work programme that outlines the strategic priorities for its policy, supervision and implementation activities. See the work program here: #internalaudit #Banking

The @EBA_News published two reports on the consistency of risk weighted assets (RWAs) across all EU institutions authorised to use internal approaches for the calculation of capital requirements. #internalaudit #riskmanagement

The Technical Expert Group on Sustainable Finance has published its report on climate related disclosures: #internalaudit #corporatereporting

A good governance is essential to achieve success, no matter the size of the organisation/enterprise. Check the @ACCAViews report

[THREAD] Welcome, Andrea Enria! The new Chair of the ECB Supervisory Board has started his first day of work at the Eurotower in Frankfurt, the headquarters of ECB Banking Supervision. Follow this thread to see how his first hour at work went 1/4

These Are the Top Issues for Boards of Directors Heading Into 2019

The European Reporting Lab@EFRAG’s first project will be on climate-related reporting. Applications to join the Project Task Force now open @EU_Finance #SustainableFinanceEU

Boards face greater risks -

The future of corporate reporting -

The Basel Committee on Banking Supervision has updated Pillar 3 disclosure requirements. The requirements, together with the updates published in January 2015 and March 2017, complete the Pillar 3 framework. Check it here: ttps:// #internalaudit

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