Tag Archives : internal audit

FERMA and ECIIA respond to new corporate transparency requirements

FERMA and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive which was launched at the Seminar.

The new document “Audit and Risk Committees: News from EU Legislation and Best Practices” examines specifically how these committees should support their board and be supported by the two professions: risk managers and internal auditors. Continue reading


FERMA and ECIIA respond to corporate transparency requirements with launch of new guidance document

The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive launched today at the FERMA Seminar.

Audit and risk committees are on the frontline of the transparency rules enacted by the EU over the last five years. Continue reading


Launch of New Guidance on 8th Company Law

FERMA and the European Confederation of Institutes of Internal Auditing (ECIIA) will launch a new joint guidance document on the risk management provisions of the EU 8th Company Law Directive at the FERMA Seminar on 20 and 21 October.

There will be a dedicated portion of the Seminar press conference on Monday 20 October where senior representatives of FERMA and ECIIA will present the new guidance, and copies will be distributed to Seminar delegates. There will also be an online version available for download from the FERMA and ECIIA websites. Continue reading


Enterprise risk management from the top

One of the best descriptions I have heard lately of enterprise risk management (ERM) came not from a risk manager, but from Cécile Coune, the CEO of specialist aviation insurer Aviabel. She and I were taking part in a seminar on risk management and internal audit organised by FERMA’s Belgian member BELRIM, and she was the opening speaker. Continue reading


ecoDa-ECIIA Audit Reform – GUIDANCE

Here is a link to the article “Making the most of the Internal Audit Function : Recommendations for Directors and Board Committees” published by ECODA and ECIIA.

Download this article (in english, PDF, 163K)

Download this article (in english, PDF, 163K)

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