Top of Mind – April edition Welcome to the April edition of our Top-of-Mind newsletter!This month, we explore workforce change strategies, board governance insights, NIST's CSF 2.0 release implications, tactics for driving profitability, the importance of compliance functions, AML framework issues in FCA’s Dear CEO letter, preparing for UK anti-greenwashing regulations and the link between consumer duty and customer experience.Subscribe to our monthly newsletter Protiviti Spotlight Drive Workforce Change We are inviting you to participate in the global annual survey. For you, this research will deliver deep insights on your workforce with a focus on specific actions you can take to improve productivity. The survey will take around 15 minutes to complete. In return you will receive the full survey report spanning results from all participating organisations around the globe that you can use to benchmark yourself against other companies. Participate in the Survey Insights Views on Board Governance — Where Directors and C-Suite Leaders Align and Diverge The survey gathers invaluable insights from a diverse range of perspectives, including those of over 1,000 directors and C-suite leaders worldwide. Our collective endeavor aims to provide a comprehensive understanding of current governance practices, enabling us to identify areas for improvements and potential opportunities. Don't miss out on these fascinating findings! Read more Sustainability FAQ Guide: An Introduction Discover the essence of sustainability — balancing present needs with future aspirations. Rooted in the Brundtland Commission's vision, it's a dynamic strategy blending economic growth with environmental stewardship. Join us as we navigate the evolving landscape of sustainability, adapting to global shifts while embracing opportunities for lasting change. Read more NIST Releases Version 2.0 of Its Cybersecurity Framework (CSF): What This Means for Your Organisation In the ever-evolving digital landscape, securing cyber infrastructure is more critical than ever. On February 26, 2024, the National Institute of Standards and Technology (NIST) took a significant leap forward in fortifying this space with the introduction of Cybersecurity Framework version 2.0. Read more Leading the Drive for Profitability The finance sector is experiencing a notable change, with half of the top ten priorities highlighting a pressing requirement for increased agility in finance organisations. This demand for adaptability arises at a crucial juncture, as marketplace uncertainties and economic challenges emphasise the importance of responsive strategies that can guarantee growth and profitability. Read more An Open Letter to CEOs and Board Members: In Support of the Compliance Function In the complex realm of financial services, the resounding mantra "Tone at the top" echoes the necessity for unwavering CEO and board support to cultivate a robust compliance culture. Yet, despite regulatory expectations and leadership assertions affirming their commitment, mixed messages from the pinnacle of power often undermine this critical objective. Read more The FCA’s Dear CEO letter: Action needed in response to common control failings identified in anti-money laundering frameworks Uncover the newest insights into the revised Global Internal Audit Standards (Standards) in our highlighted blog series from The Protiviti View. Gain valuable perspectives on the impacts, compliance requirements, and opportunities for enhancing your internal audit (IA) function. Stay informed and prepared for the upcoming changes. Read more Getting ready for the UK's new anti-greenwashing requirements At a recent Protiviti regulatory breakfast briefing on greenwashing, we discussed that greenwashing could occur when unsubstantiated sustainability claims are made. Check out our latest blog post. Read more Consumer Duty: Linking Customer Outcomes to Customer Experience Watch our recent webinar on-demand, where we outline the requirements and best practices for evidencing and monitoring customer outcomes, as required under the FCA Consumer Duty. Watch on demand Trending NewsSays One Who Has Traversed The CFO-To-CEO Ascent: It Starts With Strategic ThinkingFasten Your Seatbelts; It’s Going to Be a Bumpy Year | Corporate Compliance InsightsPopularBlog | Understanding the Global Internal Audit StandardsWhitepaper | Healthcare IA Benchmarking Topics Board Matters Cybersecurity and Privacy Internal Audit and Corporate Governance Risk Management and Regulatory Compliance Business Performance Data, Analytics and Business Intelligence Digital Transformation ESG/Sustainability Cloud