MISSIONS

With the transposition into French law of the so-called CSRD Directive on the publication of sustainability information, new challenges lie ahead for reporting companies.

Non-financial reporting is a complex process, requiring the implementation of a system to produce the indicators and control the risks associated with the reporting production processes.

Compliance with the CSRD requires an in-depth understanding of the requirements of the various upstream texts. Compliance with the CSRD implies adjustments to companies' reporting practices, with a more thorough integration of ESG considerations into their existing strategy.

To meet these expectations, MLAdvisory can help you achieve compliance with the CSRD through :

Regulatory analysis: Confirming the scope and perimeter of obligations for companies subject to the law,

Regulatory watch: Keeping up to date with new regulations published at European and local level,

Impact analysis: Assess the company's processes and operations likely to be affected by CSRD, and formalize the associated potential risks of non-compliance, Internal control: Create and deploy^1st, ^2ndand 3rd level controls dedicated to the reliability of sustainability reporting, and monitor the action plans issued.  

• Regulatory analysis: Confirming the scope and perimeter of obligations for companies subject to the law
• Regulatory watch: Keep up to date with new regulations published at European and local level,  
• Impact analysis: Evaluate the company's processes and operations likely to be affected by CSRD, and formalize the associated potential risks of non-compliance,  

BCBS 239/RDARR Guide: Compliance was the goal. Mastering data and its aggregation is the challenge.

BCBS 239 and the RDARR Guide represent a profound transformation for banking institutions. The challenges of managing risk data and its aggregation are addressed across the entire bank through a set of integrated priorities, for which operationalization is a major challenge:
- Governance and sponsorship
- BCBS 239 framework and scope
- Data quality management
- Data lineage and architecture
- Aggregation capabilities, including under stress scenarios

Recent project - Supporting a leading banking group in the implementation of its BCBS 239 / RDARR program:
- Assessment of the system’s maturity and benchmarking against peers
- Prioritization of critical projects
- Coordination of work between data, risk, and IT teams
- Strengthening of the governance framework and sponsorship
- Operationalization of requirements into concrete and sustainable processes

‍Result: demonstrated compliance with the regulator. A structurally strengthened data system.
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