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With the IMF stating "stricter rules to control the market are essential" and the World Bank Group worried about regulators still using "a 20th century hierarchical structure" to affect regulatory "changes for the 21st century", FRSGlobal are taking the unique step of offering regulators around the world the use of its global regulatory model to capture the complexity of today's financial institutions and achieve clarity - in a bid to alleviate the ongoing crisis of the current financial markets.
"Challenging times require different business strategies from boom times, and we believe that the "rules of the game" have changed over the last three weeks. FRSGlobal has provided global risk and regulatory solutions to the banking industry for almost twenty years, now is the time for us to give something back. We are prepared to provide free of charge our global regulatory solution to any regulator that requires it" - Steve Husk, CEO.
FRSGlobal acquires IRIS Integrated Risk Management
Combined group to produce first comprehensive risk and regulatory compliance solution - creating the much sought-after "single version of the truth". FRSGlobal embraces Iris' riskpro™ as part of its global risk and regulatory compliance solution as regulators demand more risk-based information to be incorporated in regulatory reports.FRSGlobal acquires IRIS Integrated Risk Management »
The importance of creating a "single version of the truth" »
| The FRSGlobal Centre of Risk and Regulatory Excellence (CoR²E) knows more about regulatory reporting than anyone else! | |
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Lehman Brothers » This comment piece gives an overview of the current financial crisis. |
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Standardized NPR » The Notice of Proposed Rulemaking for Basel II. |
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US adoption of IFRS » The SEC's decision to review the adoption if IFRS in the US. |
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Risk and Regulation » The importance of creating a “single version of the truth”. |
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