The crypto markets have long been a hot topic among investors and are now worth billions. They promise stability and can be traded around the clock. The underlying blockchain technology has also long since arrived and is being used in pilot projects as part of the DLT (distributed ledger technology) pilot regime for the settlement of financial instruments.
This article provides an overview of the current development and possible application scenarios for robotic process automation (RPA) in the banking sector, with a particular focus on the highly regulated areas of reporting, compliance, risk management and controlling.
On June 29, 2023, Bafin published what is now the 7th amendment to the “Minimum Requirements for Risk Management – MaRisk” framework, which has been in place since 2005. We briefly summarize the contents for you:
Key content of the EBA guidelines on lending and monitoring (EBA/GL/2020/06) is incorporated into MaRisk, in part as references to the guidelines themselves, while maintaining proportionality. This includes but is not limited to