In this case study, we present how BBA helped a large African bank streamline finance organization to realize post-merger synergies.
More than ten years after the rollout of Basel 2, many lending institutions in Canada are still using the Standardized Approach (SA) for regulatory reporting. As a consequence, reporting institutions are either setting aside disproportionately higher capital for their loan book, are engaged in regulatory arbitrage by issuing residential real estate loans, or are involved in "originate-to-distribute" lending. All of these aforementioned consequences contribute to higher systemic risk.
We know that cyber threats continue to evolve and pose increasingly significant risks to organizations. We also know that the impact of cyber-attacks extends beyond direct financial consequences. Cyber incidents can lead to serious service disruptions, reputational damage, and share price deterioration, along with the potential for fines and litigation.