What role for the Risk Managers in the increasing trend for greater financial transparency?

FERMA
FERMABoard Member à FERMA
© 2014 FERMA
What role for the Risk Managers in the increasing
trend for greater financial transparency?
May 2014
Julien Bedhouche
FERMA European Affairs Adviser
© 2014 FERMA© 2014 FERMA
How EU Corporate transparency
translate into annual reporting?
2
© 2014 FERMA© 2014 FERMA
What is Country by Country
Reporting?
3
© 2014 FERMA© 2014 FERMA
Financial Transparency
4
© 2014 FERMA© 2014 FERMA
Non-Financial Transparency
5
© 2014 FERMA© 2014 FERMA
Why such a tendency?
6
© 2014 FERMA© 2014 FERMA
What does it mean for risk managers
and their companies?
7
© 2014 FERMA© 2014 FERMA
Early Warning role for the Risk Manager
8
© 2014 FERMA© 2014 FERMA
Legal Notice
2014 FERMA. All rights reserved. You are not permitted to create any
modifications or derivatives of this presentation or to use it for
commercial or other public purposes without the prior written
permission of FERMA.
Although all the information used was taken from reliable sources,
FERMA does not accept any responsibility for the accuracy or
comprehensiveness of the details given.
All liability for the accuracy and completeness thereof or for any
damage resulting from the use of the information contained in this
presentation is expressly excluded.
Under no circumstances shall FERMA be liable for any financial and/or
consequential loss relating to this presentation.
9
© 2014 FERMA© 2014 FERMA
Legal Notice
2014 FERMA. All rights reserved. You are not permitted to create any
modifications or derivatives of this presentation or to use it for
commercial or other public purposes without the prior written
permission of FERMA.
Although all the information used was taken from reliable sources,
FERMA does not accept any responsibility for the accuracy or
comprehensiveness of the details given.
All liability for the accuracy and completeness thereof or for any
damage resulting from the use of the information contained in this
presentation is expressly excluded.
Under no circumstances shall FERMA be liable for any financial and/or
consequential loss relating to this presentation.
9
1 sur 10

Recommandé

Holding private data: data protection regulation & insurance coverage issues par
Holding private data: data protection regulation & insurance coverage issuesHolding private data: data protection regulation & insurance coverage issues
Holding private data: data protection regulation & insurance coverage issuesFERMA
1.2K vues8 diapositives
Potential use of NIS Platform Guidance for cyber-insurance purposes par
Potential use of NIS Platform Guidance for cyber-insurance purposes Potential use of NIS Platform Guidance for cyber-insurance purposes
Potential use of NIS Platform Guidance for cyber-insurance purposes FERMA
1.2K vues17 diapositives
Board Governance and Emerging Risks in the C21 par
Board Governance and Emerging Risks in the C21Board Governance and Emerging Risks in the C21
Board Governance and Emerging Risks in the C21FERMA
3.4K vues83 diapositives
FERMA ECIIA Joint Guidance - "Audit and Risk Committees: News from EU Legisla... par
FERMA ECIIA Joint Guidance - "Audit and Risk Committees: News from EU Legisla...FERMA ECIIA Joint Guidance - "Audit and Risk Committees: News from EU Legisla...
FERMA ECIIA Joint Guidance - "Audit and Risk Committees: News from EU Legisla...FERMA
4.5K vues16 diapositives
Julia Graham's presentation to FUEDI general assembly 2014 par
Julia Graham's presentation to FUEDI general assembly 2014Julia Graham's presentation to FUEDI general assembly 2014
Julia Graham's presentation to FUEDI general assembly 2014FERMA
3.1K vues22 diapositives
EU Product Safety Law & Market Surveillance to become more consistent par
EU Product Safety Law & Market Surveillance to become more consistentEU Product Safety Law & Market Surveillance to become more consistent
EU Product Safety Law & Market Surveillance to become more consistentFERMA
895 vues6 diapositives

Contenu connexe

En vedette

rimap leaflet par
rimap leafletrimap leaflet
rimap leafletFERMA
5.2K vues2 diapositives
Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015 par
Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015
Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015FERMA
4.1K vues15 diapositives
Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016 par
Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016
Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016FERMA
3.2K vues32 diapositives
rimap Continuous Professional Development par
rimap Continuous Professional Developmentrimap Continuous Professional Development
rimap Continuous Professional DevelopmentFERMA
5.3K vues7 diapositives
rimap Code of Ethics par
rimap Code of Ethicsrimap Code of Ethics
rimap Code of EthicsFERMA
5.3K vues8 diapositives
rimap Body of Knowledge par
rimap Body of Knowledgerimap Body of Knowledge
rimap Body of KnowledgeFERMA
6.1K vues54 diapositives

En vedette(9)

rimap leaflet par FERMA
rimap leafletrimap leaflet
rimap leaflet
FERMA5.2K vues
Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015 par FERMA
Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015
Philippe Cotelle’s presentation on SPICE at AIRBUS, FERMA Forum 2015
FERMA4.1K vues
Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016 par FERMA
Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016
Cybersecurity mitigation strategies webinar AIG ecoDa FERMA 24 March 2016
FERMA3.2K vues
rimap Continuous Professional Development par FERMA
rimap Continuous Professional Developmentrimap Continuous Professional Development
rimap Continuous Professional Development
FERMA5.3K vues
rimap Code of Ethics par FERMA
rimap Code of Ethicsrimap Code of Ethics
rimap Code of Ethics
FERMA5.3K vues
rimap Body of Knowledge par FERMA
rimap Body of Knowledgerimap Body of Knowledge
rimap Body of Knowledge
FERMA6.1K vues
What to expect before the European elections? FERMA presentation by Julien Be... par FERMA
What to expect before the European elections? FERMA presentation by Julien Be...What to expect before the European elections? FERMA presentation by Julien Be...
What to expect before the European elections? FERMA presentation by Julien Be...
FERMA639 vues
EU/US boards’ approach to cyber risk governance - webinar presentation par FERMA
EU/US boards’ approach to cyber risk governance - webinar presentationEU/US boards’ approach to cyber risk governance - webinar presentation
EU/US boards’ approach to cyber risk governance - webinar presentation
FERMA2.8K vues
European Trends in Travel Risk Management 2015 par FERMA
European Trends in Travel Risk Management 2015European Trends in Travel Risk Management 2015
European Trends in Travel Risk Management 2015
FERMA9.8K vues

Plus de FERMA

FERMA contribution to the French Presidency agenda par
FERMA contribution to the French Presidency agendaFERMA contribution to the French Presidency agenda
FERMA contribution to the French Presidency agendaFERMA
1.7K vues10 diapositives
The role of risk management in corporate resilience par
The role of risk management in corporate resilienceThe role of risk management in corporate resilience
The role of risk management in corporate resilienceFERMA
2.7K vues22 diapositives
Webinar: the role of risk management in corporate resilience par
Webinar: the role of risk management in corporate resilience Webinar: the role of risk management in corporate resilience
Webinar: the role of risk management in corporate resilience FERMA
2.9K vues16 diapositives
People, Planet & Performance: sustainability guide for risk and insurance man... par
People, Planet & Performance: sustainability guide for risk and insurance man...People, Planet & Performance: sustainability guide for risk and insurance man...
People, Planet & Performance: sustainability guide for risk and insurance man...FERMA
7.4K vues24 diapositives
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn... par
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...FERMA
460 vues9 diapositives
Argo Group: operationalizing emerging risk 2020 par
Argo Group: operationalizing emerging risk 2020Argo Group: operationalizing emerging risk 2020
Argo Group: operationalizing emerging risk 2020FERMA
444 vues15 diapositives

Plus de FERMA(20)

FERMA contribution to the French Presidency agenda par FERMA
FERMA contribution to the French Presidency agendaFERMA contribution to the French Presidency agenda
FERMA contribution to the French Presidency agenda
FERMA1.7K vues
The role of risk management in corporate resilience par FERMA
The role of risk management in corporate resilienceThe role of risk management in corporate resilience
The role of risk management in corporate resilience
FERMA2.7K vues
Webinar: the role of risk management in corporate resilience par FERMA
Webinar: the role of risk management in corporate resilience Webinar: the role of risk management in corporate resilience
Webinar: the role of risk management in corporate resilience
FERMA2.9K vues
People, Planet & Performance: sustainability guide for risk and insurance man... par FERMA
People, Planet & Performance: sustainability guide for risk and insurance man...People, Planet & Performance: sustainability guide for risk and insurance man...
People, Planet & Performance: sustainability guide for risk and insurance man...
FERMA7.4K vues
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn... par FERMA
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...
FERMA460 vues
Argo Group: operationalizing emerging risk 2020 par FERMA
Argo Group: operationalizing emerging risk 2020Argo Group: operationalizing emerging risk 2020
Argo Group: operationalizing emerging risk 2020
FERMA444 vues
Argo Group: entry for emerging risk initiative of the year Award 2020 par FERMA
Argo Group: entry for emerging risk initiative of the year Award 2020Argo Group: entry for emerging risk initiative of the year Award 2020
Argo Group: entry for emerging risk initiative of the year Award 2020
FERMA416 vues
George Ong, Chief Risk Officer, Northern Ireland Water par FERMA
George Ong, Chief Risk Officer, Northern Ireland WaterGeorge Ong, Chief Risk Officer, Northern Ireland Water
George Ong, Chief Risk Officer, Northern Ireland Water
FERMA510 vues
Webinar: Risk management in a global pandemic - Early lessons learned, EU – U... par FERMA
Webinar: Risk management in a global pandemic - Early lessons learned, EU – U...Webinar: Risk management in a global pandemic - Early lessons learned, EU – U...
Webinar: Risk management in a global pandemic - Early lessons learned, EU – U...
FERMA672 vues
Risk management recovery and resilience covid 19 survey report 2020 2020.12.0... par FERMA
Risk management recovery and resilience covid 19 survey report 2020 2020.12.0...Risk management recovery and resilience covid 19 survey report 2020 2020.12.0...
Risk management recovery and resilience covid 19 survey report 2020 2020.12.0...
FERMA5.3K vues
GDPR & corporate Governance, Evaluation after 2 years implementation par FERMA
GDPR & corporate Governance, Evaluation after 2 years implementationGDPR & corporate Governance, Evaluation after 2 years implementation
GDPR & corporate Governance, Evaluation after 2 years implementation
FERMA1.1K vues
The European risk manager report 2020: webinar presentation par FERMA
The European risk manager report 2020: webinar presentationThe European risk manager report 2020: webinar presentation
The European risk manager report 2020: webinar presentation
FERMA1.2K vues
FERMA European Risk Manager Report 2020: full set of results par FERMA
FERMA European Risk Manager Report 2020: full set of results  FERMA European Risk Manager Report 2020: full set of results
FERMA European Risk Manager Report 2020: full set of results
FERMA10.8K vues
Webinar: Why risk managers should look at Artificial Intelligence now? par FERMA
Webinar: Why risk managers should look at Artificial Intelligence now?Webinar: Why risk managers should look at Artificial Intelligence now?
Webinar: Why risk managers should look at Artificial Intelligence now?
FERMA783 vues
GDPR & corporate governance: the role of risk management and internal audit o... par FERMA
GDPR & corporate governance: the role of risk management and internal audit o...GDPR & corporate governance: the role of risk management and internal audit o...
GDPR & corporate governance: the role of risk management and internal audit o...
FERMA606 vues
GDPR & corporate governance: The Role of Internal Audit and Risk Management O... par FERMA
GDPR & corporate governance: The Role of Internal Audit and Risk Management O...GDPR & corporate governance: The Role of Internal Audit and Risk Management O...
GDPR & corporate governance: The Role of Internal Audit and Risk Management O...
FERMA2.5K vues
Ferma report: Artificial Intelligence applied to Risk Management par FERMA
Ferma report: Artificial Intelligence applied to Risk Management Ferma report: Artificial Intelligence applied to Risk Management
Ferma report: Artificial Intelligence applied to Risk Management
FERMA1.8K vues
Facts and figures about our risk management associations in Europe 2019 par FERMA
Facts and figures about our risk management associations in Europe 2019Facts and figures about our risk management associations in Europe 2019
Facts and figures about our risk management associations in Europe 2019
FERMA2K vues
Risk Manager European Profile 2018 par FERMA
Risk Manager European Profile 2018Risk Manager European Profile 2018
Risk Manager European Profile 2018
FERMA2.9K vues
Webinar: how risk management can contribute to sustainable growth? par FERMA
Webinar: how risk management can contribute to sustainable growth?Webinar: how risk management can contribute to sustainable growth?
Webinar: how risk management can contribute to sustainable growth?
FERMA1.2K vues

Dernier

port23_2023121_resize2.pdf par
port23_2023121_resize2.pdfport23_2023121_resize2.pdf
port23_2023121_resize2.pdfSivaphan Wuttingam
32 vues64 diapositives
Accounts Class 12 project cash flow statement and ratio analysis par
Accounts Class 12 project cash flow statement and ratio analysisAccounts Class 12 project cash flow statement and ratio analysis
Accounts Class 12 project cash flow statement and ratio analysisJinendraPamecha
50 vues42 diapositives
Better Appeals and Solicitations - Bloomerang.pdf par
Better Appeals and Solicitations - Bloomerang.pdfBetter Appeals and Solicitations - Bloomerang.pdf
Better Appeals and Solicitations - Bloomerang.pdfBloomerang
81 vues51 diapositives
Navigating the Complexity of Derivatives Valuation 📈 par
Navigating the Complexity of Derivatives Valuation 📈Navigating the Complexity of Derivatives Valuation 📈
Navigating the Complexity of Derivatives Valuation 📈ValAdvisor
15 vues6 diapositives
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptx par
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptxAmazing Opportunities: PCD Pharma Franchise in Kerala.pptx
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptxSaphnixMedicure1
23 vues11 diapositives
The Talent Management Navigator Performance Management par
The Talent Management Navigator Performance ManagementThe Talent Management Navigator Performance Management
The Talent Management Navigator Performance ManagementSeta Wicaksana
35 vues36 diapositives

Dernier(20)

Accounts Class 12 project cash flow statement and ratio analysis par JinendraPamecha
Accounts Class 12 project cash flow statement and ratio analysisAccounts Class 12 project cash flow statement and ratio analysis
Accounts Class 12 project cash flow statement and ratio analysis
JinendraPamecha50 vues
Better Appeals and Solicitations - Bloomerang.pdf par Bloomerang
Better Appeals and Solicitations - Bloomerang.pdfBetter Appeals and Solicitations - Bloomerang.pdf
Better Appeals and Solicitations - Bloomerang.pdf
Bloomerang81 vues
Navigating the Complexity of Derivatives Valuation 📈 par ValAdvisor
Navigating the Complexity of Derivatives Valuation 📈Navigating the Complexity of Derivatives Valuation 📈
Navigating the Complexity of Derivatives Valuation 📈
ValAdvisor15 vues
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptx par SaphnixMedicure1
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptxAmazing Opportunities: PCD Pharma Franchise in Kerala.pptx
Amazing Opportunities: PCD Pharma Franchise in Kerala.pptx
The Talent Management Navigator Performance Management par Seta Wicaksana
The Talent Management Navigator Performance ManagementThe Talent Management Navigator Performance Management
The Talent Management Navigator Performance Management
Seta Wicaksana35 vues
Monthly Social Media Update November 2023 copy.pptx par Andy Lambert
Monthly Social Media Update November 2023 copy.pptxMonthly Social Media Update November 2023 copy.pptx
Monthly Social Media Update November 2023 copy.pptx
Andy Lambert33 vues
Navigating EUDR Compliance within the Coffee Industry par Peter Horsten
Navigating EUDR Compliance within the Coffee IndustryNavigating EUDR Compliance within the Coffee Industry
Navigating EUDR Compliance within the Coffee Industry
Peter Horsten46 vues
Presentation on proposed acquisition of leading European asset manager Aermon... par KeppelCorporation
Presentation on proposed acquisition of leading European asset manager Aermon...Presentation on proposed acquisition of leading European asset manager Aermon...
Presentation on proposed acquisition of leading European asset manager Aermon...
Super Solar Mounting Solutions 20230509(1).pdf par carrie55bradshaw
Super Solar Mounting Solutions 20230509(1).pdfSuper Solar Mounting Solutions 20230509(1).pdf
Super Solar Mounting Solutions 20230509(1).pdf
Imports Next Level.pdf par Bloomerang
Imports Next Level.pdfImports Next Level.pdf
Imports Next Level.pdf
Bloomerang150 vues
davood_keshavarz_david_keshavarz_criminal_conviction_prison_sentence_judgemen... par morshedislam3
davood_keshavarz_david_keshavarz_criminal_conviction_prison_sentence_judgemen...davood_keshavarz_david_keshavarz_criminal_conviction_prison_sentence_judgemen...
davood_keshavarz_david_keshavarz_criminal_conviction_prison_sentence_judgemen...
morshedislam318 vues
Assignment 4: Reporting to Management.pptx par BethanyAline
Assignment 4: Reporting to Management.pptxAssignment 4: Reporting to Management.pptx
Assignment 4: Reporting to Management.pptx
BethanyAline21 vues

What role for the Risk Managers in the increasing trend for greater financial transparency?

  • 1. © 2014 FERMA What role for the Risk Managers in the increasing trend for greater financial transparency? May 2014 Julien Bedhouche FERMA European Affairs Adviser
  • 2. © 2014 FERMA© 2014 FERMA How EU Corporate transparency translate into annual reporting? 2
  • 3. © 2014 FERMA© 2014 FERMA What is Country by Country Reporting? 3
  • 4. © 2014 FERMA© 2014 FERMA Financial Transparency 4
  • 5. © 2014 FERMA© 2014 FERMA Non-Financial Transparency 5
  • 6. © 2014 FERMA© 2014 FERMA Why such a tendency? 6
  • 7. © 2014 FERMA© 2014 FERMA What does it mean for risk managers and their companies? 7
  • 8. © 2014 FERMA© 2014 FERMA Early Warning role for the Risk Manager 8
  • 9. © 2014 FERMA© 2014 FERMA Legal Notice 2014 FERMA. All rights reserved. You are not permitted to create any modifications or derivatives of this presentation or to use it for commercial or other public purposes without the prior written permission of FERMA. Although all the information used was taken from reliable sources, FERMA does not accept any responsibility for the accuracy or comprehensiveness of the details given. All liability for the accuracy and completeness thereof or for any damage resulting from the use of the information contained in this presentation is expressly excluded. Under no circumstances shall FERMA be liable for any financial and/or consequential loss relating to this presentation. 9
  • 10. © 2014 FERMA© 2014 FERMA Legal Notice 2014 FERMA. All rights reserved. You are not permitted to create any modifications or derivatives of this presentation or to use it for commercial or other public purposes without the prior written permission of FERMA. Although all the information used was taken from reliable sources, FERMA does not accept any responsibility for the accuracy or comprehensiveness of the details given. All liability for the accuracy and completeness thereof or for any damage resulting from the use of the information contained in this presentation is expressly excluded. Under no circumstances shall FERMA be liable for any financial and/or consequential loss relating to this presentation. 9

Notes de l'éditeur

  1. Present: