Yesterday we had the opportunity to organize an unique online event with leading industry experts from the dutch and Frankfurt am Main financial sectors - Allen & Overy Deutschland and Compendor.
The session covered the most recent regulatory developments, with a special focus on the Sustainable Disclosure Regulation and how to close compliance gaps. In the session, Alexander Behrens, Partner at Allen & Overy, presented a strategic overview of ESG regulatory landscape and Elmo Olieslagers, Partner at Compendor, emphasized strategies on closing the compliance gaps.
Agenda & Topics Covered
- Sustainable Finance – General context
- Overview of drivers for complexities
– Overview of complex law making process
– No single act – instead sustainability rules are scattered around different areas of law
– Timing is not aligned
– Many of these acts contain different approaches and many of them are interconnected - How can RegTech support with the complexities?
– Demo
Main takeaways
- Update on the most recent regulatory developments strongly focusing on the Sustainable Disclosure Regulation
- How the SFR solution keeps track of the latest changes in the legislation and the impact on an organization in an efficient and cost-effective manner
- How to use the SFR solution across the bank’s subsidiaries and branches via one standardized assessment approach
- How 100% traceability is ensured. Per each requirement, gap oversight is available including a link on compliance evidence (audit trail)
- How the collection of evidence on compliance statements functions
- How this enables global oversight due to a singular standardized approach and helps with project management
Materials
“The new Sustainable Finance Framework” - presentation by Allen & Overy Deutschland and Compendor
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- What are the sustainable finance expectations in Europe?
- Drivers for rise of sustainability/ESG
- Sustainable Finance - General context
- Overview of reasons for high level of complexity
- The starting point for complexity: the European law making approach
- The variety of affected areas of law, products and business lines and how everything fits together
- Complexity due to timelines & interdependencies
- First strategic insights for the business considering the new legislation
- How can RegTech support?
Download The news Sustainable Finance Framework
“ESG Compliance Assistant” by Allen & Overy Deutschland
ESG Compliance Assistant is a software solution which helps you to efficiently and consistently implement and keep up-to-date the Sustainable Finance Framework of your organisation
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- What is it and what does it cover?
- Who should use it?
- Why should you use the Allen & Overy ESG Compliance Assistant?
Download ESG Comliance Assistant
In case you missed the online session, check out the YouTube recording:
