ADwEKO Blog

Browse market trends and innovative approaches to solutions around exciting issues within the finance and insurance industry.

Sustainability in the financial sector

Sustainability in the financial sector

Nothing is more constant than change, and so from time to time the financial world faces ever new challenges that at first glance seem far removed from business. If the introduction of reporting for credit data statistics and, not least, FinStabDev confronted us with required information, the procurement of which had to be carried out via external providers or our own surveys, incl. the data collection. marketing activities went beyond what was known to date, the financial industry has simply been facing new outsized challenges since the adoption of the Paris Climate Agreement at the end of 2015.

DORA – A general overview

DORA – A general overview

The Digital Operational Resilience Act (hereinafter: DORA) has been discussed for quite some time. At the latest when the regulation is published at the end of December 2022, financial companies and third-party service providers will have to start implementing the requirements in time for the 2025 entry into force.

The 7th MaRisk Amendment – What changes in IT Security Management?

The 7th MaRisk Amendment – What changes in IT Security Management?

With the last MaRisk amendment (Circular 10/2021, Minimum Requirements for Risk Management), a number of topics relating to IT security were adjusted, resulting in major implementation efforts. A little more than a year later, the German Federal Financial Supervisory Authority (BaFin) has now published its draft of the 7th MaRisk amendment for consultation.