While the FSA continues to enforce the implementation of Solvency II, various industry studies indicate that a lot of organisations are not on schedule to deliver in line with the FSA timelines. In a number of cases organisations are significantly behind schedule and are uncertain of how to control or mitigate business risk while delivering Solvency II.
Many organisations don’t have the appropriate end-to-end business assurance strategy in place to accurately identify and mitigate business risks.
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