Posts by neil

Automation Is Key To Overall Quality Improvement Programmes

Introduction As healthcare continues to change, healthcare providers face a constant struggle to ensure quality improvement programmes are in place and are working sufficiently. It is estimated that hospitals must meet 341 healthcare compliance requirements annually. While these regulatory requirements are in place to ensure the safety and well-being of patients, they come with a…

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4 Steps To Managing Third Party Outsourcing Requirements

Third Party Outsourcing Introduction Outsourcing has become big business as it is now estimated that the global outsourcing market is estimated to be worth almost €76 billion. Organisations are now placing business with external providers who can provide a service more cheaply and efficiently. Outsourcing opens up a wide variety of opportunities and benefits for…

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Upcoming CP86 Questionnaire & Inspections

Last week The Central Bank of Ireland’s Director of Asset Management and Investment Banking, Michael Hodson outlined that the Central Bank will be commencing with a questionnaire and onsite inspections to review how firms have implemented the measures introduced under CP86. As we are all now well aware the objective of CP86 was to introduce…

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Blog Post- EBA Publishes Guidelines on Third Party Outsourcing

The European Banking Authority (EBA) printed its revised tips on outsourcing arrangements starting off specific provisions for the governance frameworks of all monetary establishments. The aim of the rules is to establish a harmonic framework for these monetary establishments, particularly credit establishments and investment companies. This blog will concentrate on who the rules apply to,…

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Core Principles To Consider When Implementing Regtech

Core Principles To Consider When Implementing Regtech Regtech adoption in the financial sector continues to grow with the global Regtech market expected to grow from $4.3 billion in 2018 to $12.3 billion by 2023. This is no surprise to those of you operating in the financial sector who are bombarded with a growing number of…

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