The latest proposed changes to COSO Internal Control – Integrated Framework have subject to public consultation. COSO may not like the feedback it receives; SEC and PCAOB should take notice also. All is not well in the state of COSO.
Click here to see our submission; here for the comments COSO site.
Paradigm Risk has recently prepared, with our research partner JWG, a major research report on probably the biggest regulatory issue of the next decade: systemic risk. This enormously complext topic needs some serious and practical attention.
Read our report here.