Latest blog posts

  • GDPR moves into the next phase

    24/5/2018 NEW

    Europe’s General Data Protection Regulationcame into effect on 25 May after a mammoth effort by organisations throughout Europe and beyond to prepare for the launch date. The regulations give greater protection for individuals over how their data can be collected, processed and retained. While internal auditors in many...

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  • Over disclosure of information could erode stakeholder trust

    02/5/2018 NEW

    In the rush to comply with pressure to disclose ever-increasing levels of non-financial information, companies could inadvertently erode stakeholder trust by publishing too much data, delegates heard at the 22nd European Corporate Governance Conference in Sofia this April. Since statutory auditors in Europe – with the exception of...

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  • EU announces ‘fitness check’ for public reporting framework

    29/3/2018 NEW

    The ECIIA has welcomed the launch of a ‘fitness check’ consultation on the EU’s public reporting framework for companies. The consultation will look at whether the framework is fit for purpose, is relevant for meeting the EU’s objectives and adds value at a European level. It will also...

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  • ECIIA publishes suite of best practice papers for European banks

    22/3/2018

    Internal audit can provide the boards and senior managers of European banks with distinctive and strategic assurance over their operations, according to a suite of position papers published by ECIIA. The papers cover a range of topics including internal audit’s role in good governance, audit planning, auditing a...

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  • ECIIA newsletter January 2018

    26/1/2018

    Catch up with the latest ECIIA newsletter here.

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  • Open access to data vital to role of internal audit

    25/1/2018

    Internal auditors must be able to freely access any information they need to perform their work effectively, the ECIIA has said in response to the European Commission’s (EC) consultation on the free flow of non-personal data. “Internal auditors use non-personal data in the course of their audits and...

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  • Internal auditors must speak out on governance

    18/12/2017

    ECIIA President Farid Aractingi tells the newspaper Les Echos-Cecile Desjardin that auditors must speak out on governance. Here is a translated transcript What are the current challenges for the European Confederation of Institutes of Internal Auditing? Working with others, internal auditors are important actors in a governance system...

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  • ECIIA hosts the first European Forum for Internal Audit, Banking, Regulation and Supervision

    01/12/2017

    ECIIA launched the inaugural meeting of the European Forum for Internal Audit, Banking, Regulation and Supervision in Frankfurt am Main between November 20 to 21, 2017. “Good governance requires an effective and independent risk management function, including strong compliance and internal audit operations,” said Pentti Hakkarainen, Executive Director...

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  • Auditors must remain vigilant

    31/10/2017

    Internal auditors need to remain vigilant following recent data showing that macro risks, such as economic growth and the state of monetary policy, weigh heavily on the minds of chief executives in the insurance sector. “Despite some positive developments, the continuing low-yield environment and the observation that market...

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  • Cyber risk tops internal audit list

    03/10/2017

    Cyber risk was the most commonly cited threat by heads of internal audit across Europe regardless of nationality or business sector, according to a new report written by some members of ECIIA. The EU’s General Data Protection Regulation and the broader challenge of managing data came second in the survey...

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