The Banking and Financial Services (BFS) industry in the UK today operate in a highly volatile business environment with an ever-evolving risk, regulatory, and geopolitical landscape. Added to this are the uncertainties resulting from the COVID-19 pandemic, the new ways of working, change in customer expectations, heightened focus on data privacy, customer protection, Environmental, Social, and Governance (ESG) aspects, and more. As such, Governance, Risk, and Compliance (GRC) professionals are being pulled into multiple directions to tackle a plethora of crucial risks, issues, and vulnerabilities.
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