Posts


By Nils Brandt | BDO Germany | 16 February 2018

At the front lines of the fight against money-laundering in Germany: Financial institutions are asked to do the detail work

In 2016, Germany received 40 percent more reports of suspected money laundering than the year before, the highest increase in 15 years, according to officials. The newly established Financial Intelligence Unit (FIU), which is now... Read More


By Arnaud Naudan | BDO France | 01 February 2018

How to get ready for the ECB knock on your door: 3 ways to prep for your TRIM audit

With the objective of regaining public trust in banks’ regulatory capital, the European Central Bank (ECB) is performing a Targeted Review of Internal Models (TRIM) and already began sending out teams of auditors to banks&rsquo... Read More


What Tom Cruise seems to understand about IFRS 9

Recently while flipping through an old binder of DVDs, I came across the movie Minority Report starring Tom Cruise. I was reminded of the premise of the film – that a clairvoyant could know the mistakes we will make in our future... Read More


Getting ready for IFRS 9: The biggest changes in accounting rules since IFRS was implemented

Earlier this year, I was part of a group of auditors and accountants who worked on a paper on IFRS 9 that will support banks as they implement processes and systems to meet the new accounting standard. Contributing to this paper gave me... Read More


My advice on 3 approaches to digitization within your bank

Kids - including my own four - never cease to amaze me. When they manage to get their hands on digital devices, kids behave as if it’s an extension of their own bodies and brains. We adults may still fumble around, and we’re... Read More