And so in the world of GRC. Here we will share our latest news and press releases.
If you like to keep up with what's going on in the GRC-world, you're in the right place. We will share the latest trends and news within GRC here.
Download the press release here. In August 2022, FCG and Transcendent Group joined forces with the target to build a market leading governance, risk and...
Read moreGRC Insight – The COSO framework for internal control over sustainability reporting Some key takeaways are: • Cultivate a culture of accountability – it is...
Read moreEnvironmental, Social and Governance (ESG) issues illuminate sustainability perspectives of an organisation’s business model, operations and how services and products contribute to a sustainable development....
Read moreThe Finnish FSA recently published a thematic review regarding Board work in financial institutions. The authority gave several recommendations, for example, regarding risk appetite documentation...
Read moreDownload GRC Insight – Do you know how to beat the fraudster? Who is in charge of identifying the risks and detect fraud? With limited...
Read moreTranscendent Group and FCG joins the major GRC Conference in the Nordics the 26th–27th of April 2023 to talk about one of the biggest threats...
Read moreDownload GRC Insight – Hot Audit Topics for 2023 A changing environment We are living in a world that is riskier and more uncertain than...
Read moreDownload GRC Insight – ISMS challenges, and how you can solve them ISMS challenges, and how you can solve them In this article, we’d like...
Read moreDownload GRC Insight – EU-US Privacy Shield 2.0 Is the solution for safe transatlantic transfers here? Similar to when the GDPR was implemented in 2018...
Read moreDownload GRC Insight – Regulatory Technical Standard for SFDR Will the RTS in SFDR be the strong push needed for a more impactful ESG implementation?...
Read moreWe are delighted to announce that FCG and Transcendent Group have joined forces with the target to build a market leading GRC powerhouse in Europe...
Read moreTranscendent Group invests time and effort in scanning the landscape of the best-practice solutions and services to complement its experienced consultants when bringing value to...
Read moreDownload GRC insight – Norwegian Transparency Act Who is affected by the law? The very first thing all companies in Norway should do is to...
Read moreDownload GRC insight – Corporate Sustainability Due Diligence Soon, certain companies will also be required to include sustainability in due diligence process and supply chain...
Read moreDownload GRC insight – ESG in insurance sector Climate change will affect us all, if not already done so. The detrimental impact of global warming...
Read moreGRC insight – Vipps and IAM Modernization with Azure Identity Governance (AIG) Together with Vipps we created the IAM strategy with the following high-level goals:...
Read moreGRC insight – ECB Expectations on climate risk management
Read moreGRC insight – ESMA guidelines on the compliance function
Read moreWith our expertise in GRC and Whistlelink’s digital solution, we create an end-to-end product to ensure that our clients have a modern and simple whistleblowing...
Read moreGRC insight – ESG Regulation in the insurance industry
Read moreGRC insight – Revised EBA guidelines on ML and TF
Read more“The pandemic has, in many ways, accelerated digitalisation, leading to new needs and increased risks. An organisation’s credibility is highly dependent on how well it...
Read moreImproved underlying margin despite challenging market conditions Third quarter 2020 (third quarter 2019) Total revenue amounted to SEK 38.5 million (40,4), a decrease of 4,8...
Read moreTranscendent Group, the Governance, Risk and Compliance experts, has announced that it has signed its first non-Swedish client within its subsidiary RegTech where it provides...
Read moreTranscendent Group has decided to close its business in Germany due to low demand and limited possibilities to achieve profitability. By closing the business, the...
Read moreTranscendent Group has recruited Charlotte Elsnitz as new CFO. Her most recent role was Head of Baltic Banking at Swedbank, where she also was a...
Read moreTranscendent Group has once again been appointed as one of Europe’s best workplaces in the Great Place To Work yearly rankings. This is the third...
Read moreActive governance and risk reduction limit the effects from Covid-19 Second quarter 2020 (second quarter 2019) Total revenue amounted to SEK 49.5 million (50.5), a...
Read moreTranscendent Group has in Great Place to Work’s annual top list for the second consecutive year been ranked as Norway’s fourth best place to work...
Read moreOn 26 May 2020, Transcendent Group AB (publ) held its Annual General Meeting. Below follows a summary of resolutions taken at the Annual General Meeting....
Read moreRevenue growth despite challenging macro environment First quarter 2020 (first quarter 2019) Total revenue amounted to SEK 51.1 million (46.9), a growth of 8.8 percent...
Read moreTranscendent Group’s CFO Susanne Lindqvist has today announced that she has decided to leave the company. Her last working day will be 31 August 2020....
Read moreCorrection regarding record date for the Annual General Meeting of Transcendent Group AB (publ) In the Notice to the Annual General Meeting of Transcendent Group...
Read moreTranscendent Group’s annual report has been published and is available on the company’s website at https://transcendentgroup.com/investor-relations/ For more information, contact: Martin Malm, CEO Transcendent Group...
Read moreThis is an unofficial translation of the Swedish notice. In case of any discrepancies between the Swedish notice and this English translation, the Swedish notice...
Read moreMany companies have an increased cost of Risk & Compliance activities as requirements from regulators and society in general has exploded. No company wants to...
Read moreNew guidelines The compliance requirements to outsourced activity are continuously being strengthen. We have during the last months seen both EBA (European Banking Authority) and...
Read moreCompliance Functions spends 7 % of their time on Compliance Training (source; Danish FSA about risk- and compliance in midsize and large banks[1]). For many...
Read moreCorporate Monitor (or its synonyms – skilled persons, independent investigators, compliance accountants, etc.,) is not a new concept in the fight against money laundering (hereinafter...
Read moreShort term: helping Management to assess the risks The second line of defense, in both Risk and Compliance functions, is already familiar with the usual...
Read moreTranscendent Group, present in 8 European markets, is affected by the decisions taken by the respective governments and authorities with the purpose of limiting the...
Read moreFourth quarter 2019 (fourth quarter 2018) Total revenue amounted to SEK 57.9 million (52.8), a growth of 9.7 percent compared to the corresponding period last...
Read moreWhen Remon Houweling started in February 2019, he started alone with a great ambition and vision for a value-driven consulting company. Today, only one year...
Read moreDuring 2019, Transcendent Group has not had a Nomination committee formally appointed by the Annual General Meeting. This means that the code’s principles are not...
Read moreIn connection with Christina Falk, previous CEO of the subsidiary Transcendent Group Väst AB until August 2019, terminating her employment with Transcendent Group, a shareholding...
Read more”I am glad that Magnus, who has made an impressive impression among the management team in the role as interim CEO, now will become permanent...
Read moreThird quarter 2019 (third quarter 2018) Net sales amounted to SEK 40.4 million (32.7), equivalent to a growth of 23.6 percent compared to the corresponding...
Read moreThird quarter 2019 (third quarter 2018) Net sales amounted to SEK 40.4 million (32.7), equivalent to a growth of 23.6 percent compared to the corresponding...
Read moreRFA is a digital service where the internal regulatory framework can be developed, decided on, administrated and updated. ”In practice, RFA means that our customers...
Read moreOffering Summary The price per share in the Offering was SEK 31, corresponding to a total market value of the Company’s shares of approximately SEK...
Read moreThere are many things to recommend within the area, but I want to focus on some practical tips on how you can become more secure...
Read moreDuring 2019, Transcendent Group launched the subsidiary RegTech (Regulatory Technology) with the objective to fill an empty space in the market by developing and supplying...
Read moreBased on drafts by the EU Commission from 2016, EU authorities have now agreed on and published final versions of the framework for capital requirements...
Read moreThe whistleblower directive the European Parliament has accepted earlier this year is an illustrative example of this: an EU-wide obligation for companies to enable safe...
Read moreThe Offering will be conducted at a fixed price of SEK 31 per share, corresponding to a pre-money valuation of approximately SEK 170 million. The...
Read moreA potential offer will be implemented at a price of SEK 31 per share, corresponding to a pre-money valuation of approximately SEK 170 million. A...
Read moreJust over one year ago, the Governor of California signed into law the California Consumer Privacy Act (CCPA), the most comprehensive and restrictive privacy law...
Read moreThe Swedish Data Protection Authority issues its first GDPR monetary administrative sanction. The use of a facial recognition technology (a limited trail program conducted at...
Read moreProcesses that are suitable to automate are; routine, manual, processes where it’s easy to make mistakes, and those that are based on rules (meaning that...
Read moreWhat is ‘extraterritorial scope’? It means that the GDPR can potentially apply to organisations that have no physical establishment in the EU, but in a...
Read moreA growing number of consumers require accountable, responsible and compliant companies that have the interests of their customers in mind and are committed to continuous...
Read moreGDPR – What is it? GDPR is simply the abbreviation of a new set of EU rules on personal data protection known as the General...
Read moreThe incentives for spending all these resources on AI to be ahead in the technological race are many; more efficient work, smart and cost effective,...
Read moreFor many businesses, digitization facilitates increased value creation and innovation in addition to renewed, simplified and automated business processes. GRC is an important building block...
Read moreStrategy and innovation Companies that are good at digital management are characterized by having a digital strategy in place that is linked to the company’s...
Read moreFollow the money Cyber criminals main objective is to make money, while declining BitCoin price, crypto mining and ransomwares are still the main purpose by...
Read moreMaking a decision is the process of accumulating information, which is interpreted based on knowledge, previous experiences and sometimes even bias or personal gain. The...
Read moreWhat is the greatest risk, a medium or a medium? If you search for best practices in cyber risk management you almost always end up...
Read moreShaun’s article in SIRK 1/2018 “Why gather intelligence?” illustrated the distinction between intelligence and information and how to deal with the information acquired. This article...
Read moreThe investment services branch has during the last years been target of attention for the EU legislator especially focusing in retail market and protection of...
Read moreFor many of us who work in the finance industry, GDPR [1], AML / CFT [2] and PSD2 [3] are examples of buzz words that...
Read moreNorway is well-established as a nation: we have a highly educated population, good and stable economy, flat structures in society, access to world-class technology, and...
Read moreSecurity and privacy professionals have long been aware that the information we uncritically share is valuable. If you do not you pay for a service,...
Read moreIn this article, I will examine more closely what we mean by intelligence and how that differs from information. I will also address how to...
Read moreTo have a well-functioning information security management and governance is key in today’s businesses. Regulatory requirements as well as requirements from the society and customers...
Read moreThe Benefits of AI The application areas have expanded from business intelligence to customer support (service and decision making), and from fraud detection to customer...
Read moreThis year was DEF CON’s 26th year – the world’s biggest security and hacking conference which is held annually in the warm Las Vegas. There...
Read moreMay 25th has come and gone and with it the deadline for GDPR and the employment of a Data Protection Officer for the companies which...
Read moreThe digitization affects us all and leads to more and more dependence on automated processes and systems for both private and public entities. The development...
Read moreOn Tuesday 10th of April the Finnish Parliament passed the national law on insurance distribution that will come into force in November 2018 according to...
Read moreSo, you have spent hours and hours and possibly a big sum of money to ensure compliance with the much feared GDPR. You probably also...
Read moreOne of the main purposes of the Directive is to strengthen the consumer protection by introducing a common framework for the provision and sale of...
Read moreTo implement a new regulation, be it GDPR, an AML-directive or PSD2, often imposes great challenges for every larger organization. The answer to “what?” is...
Read moreUntil today, the ownership of the company has been focused on a smaller group of employees who has shown great dedication and commitment. The long-term...
Read moreOne way to manage Governance, Risk and Compliance (GRC) is to select and implement an appropriate GRC system. In Transcendent Group I was leading a...
Read moreLet’s first look at what went wrong. The Danish Financial Supervisory Authority (“FSA”) have done their assessment in the decision of 3 May 2018. FSA’s decision...
Read moreIt is the role of internal audit to provide assurance to the Board and management. Assurance that the organization is reaching its objectives by an...
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