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Inside Internal Controls

News and discussion on implementing risk management

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Consumer directed finance: Open banking in Canada

On January 31, 2020, Canada’s Advisory Committee on Open Banking (the Committee) released its report, “Consumer-directed finance: the future of financial services” (the Report), moving Canada towards the next phase in its process of implementing open banking legislation.

 

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Scratching the surface on Facebook and its problems

​Facebook Data Exposure Offers Critical Lesson for Internal Auditors makes some good points, including:

 

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Tech takes the wheel: Preparing Canada’s insurance sector for autonomous vehicles

A new report by the Insurance Bureau of Canada (IBC), representing Canada’s private property and casualty insurers, argues that fully automated vehicles – the advent of which could begin as early as 2020 – present new risks to the Canadian auto insurance sector and its stakeholders.

 

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