FiSer Consulting

EU Issues FAQ on New Sustainability Reporting Rules The European Commission has released today an FAQ to aid companies in implementing the Corporate Sustainability Reporting Directive (CSRD). The CSRD, effective from 2024, expands reporting requirements to over 50,000 companies, up from 12,000, mandating detailed disclosures on environmental and social impacts. The FAQ incorporates input received from companies and addresses key topics like compliance dates, exemptions, use of European Sustainability Reporting Standards (ESRS), and auditing requirements. This initiative aims to clarify regulations, reduce administrative burdens, and enhance the usability and comparability of sustainability information. Get the full story from the primary source here: https://lnkd.in/ehGTxCB6 At FiSer Consulting, we're here to navigate your business through the risks and opportunities of evolving sustainability regulation. Check out our latest publications and reach out to us for insights on how to ensure a smooth transition path! #businessdevelopment #consulting #financialservices #sustainability #ESG #CSRD #ESRS

A month ago, we had the pleasure of hosting a dynamic sales training session with our special guest speaker, René van Stein. The room was buzzing with energy as participants were deeply engaged, learning and sharing insights about sales activities and sparking innovative strategies. The interactive exercises and lively discussions made it a truly memorable experience. Thanks Rene and VAN STEIN CONSULTANCY for sharing the expertise and to everyone who attended. We will take these new skills and approach each day and drive success together!

Join the conversation and share your thoughts with FiSer's industry experts! Thank you Consultancy Europe.

Solvency II Review: Unlocking Capital The insurance industry sees the review of Solvency II as a critical opportunity to free up billions in capital for the EU. Insurance Europe urges that the review, which aims to overhaul insurance regulations, should reduce the risk margin that currently limits insurers' capital by €141 billion. By halving this margin, insurers could increase their risk-bearing capacity by up to €70 billion, supporting the EU’s goals of boosting competitiveness and facilitating green and digital transitions. The review also includes discussions on other key issues like risk-free interest rates and long-term equity modules. Angus Scorgie from Insurance Europe criticizes the excessive risk margin compared to global standards, arguing it stifles necessary capital flow. The review’s success hinges on addressing these technical details to ensure the insurance sector can support long-term economic stability. The position papers emphasize the need for reduced regulatory burdens and improved efficiency. The review represents a golden chance for the European Commission to enhance capital availability and market efficiency. For more details, visit: https://lnkd.in/eeJintnV #businessdevelopment #financialservices #insurance #solvencyII #netherlands

At FiSer Consulting, we love challenges. That is why we recently organized an internal workshop to tackle the challenges within a key project in the insurance sector. This case focuses on improving stakeholder alignment, clarifying the project scope, and strengthening the business case. Issues in these areas can hinder the progress of a project, but with the collective expertise of FiSer Consulting, we're turning the tide. Strategies discussed in our session included: 🔹 Enhanced Stakeholder Engagement: Ensuring all parties understand the project's scope and benefits through continuous involvement and alignment 🔹 Business Case Revision: Developing a robust business case that aligns with all stakeholders' expectations 🔹 Improved Leadership and Communication: Establishing clear communication channels and consistent support from senior management By addressing these areas, we believe that the project will drive towards successful completion and accomplish its goals. Check out the clip to see our workshop in action! #BusinessDevelopment #Transformation #FinancialServices #ProjectManagement #InternalWorkshop

At FiSer Consulting, we love challenges. That is why we recently organized an internal workshop to tackle the challenges within a key project in the insurance sector. This case focuses on improving stakeholder alignment, clarifying the project scope, and strengthening the business case. Issues in these areas can hinder the progress of a project, but with the collective expertise of FiSer Consulting, we're turning the tide. Strategies discussed in our session included: 🔹 Enhanced Stakeholder Engagement: Ensuring all parties understand the project's scope and benefits through continuous involvement and alignment 🔹 Business Case Revision: Developing a robust business case that aligns with all stakeholders' expectations 🔹 Improved Leadership and Communication: Establishing clear communication channels and consistent support from senior management By addressing these areas, we believe that the project will drive towards successful completion and accomplish its goals. Check out the clip to see our workshop in action! #BusinessDevelopment #Transformation #FinancialServices #ProjectManagement #InternalWorkshop

In response to evolving sustainability regulations, FiSer Consulting is introducing a proposal to support European companies with their future disclosures. Our latest slide deck examines the Double Materiality Assessment, a crucial component of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). This comprehensive guide offers a structured approach to help companies conduct the assessment, ensuring compliance and fostering sustainable business practices. Dive in to explore our framework with practical examples and solutions designed to prepare your organization for upcoming regulatory requirements. For more details on how we can support your Double Materiality Assessment, reach out to our experts! #businessdevelopment #financialservices #sustainability #ESG #DoubleMateriality #CSRD #ESRS

DNB Publishes Results of Data Quality Research De Nederlandsche Bank (DNB) has published the results of its latest research on data quality within the financial sector. The findings reveal significant improvements in data management practices among Dutch financial institutions, but also highlight areas needing further enhancement. Key issues identified include data accuracy, completeness, and timeliness. The DNB emphasizes the importance of high-quality data for effective risk management and regulatory compliance. The report calls for continued investment in data governance frameworks and advanced data analytics capabilities to ensure robust financial oversight and operational efficiency. For more details, visit: https://lnkd.in/e4ZcD6Bi #businessdevelopment #financialservices #banking #datamanagement #netherlands

Dutch Pension Transition Gains Momentum The transition to the new pension system in the Netherlands is progressing swiftly, with social partners and pension administrators actively engaging in the process. Minister Schouten affirmed there are no plans to extend the final transition deadline of January 1, 2028. The first semi-annual progress report on the Monitoring Act for Future Pensions highlights ongoing negotiations among social partners regarding new pension arrangements, with an expected fourteen funds to merge in 2025, followed by significant integrations in subsequent years. Meanwhile, insurers and Premium Pension Institutions (PPIs) are advancing product development, adhering to their respective timelines in readiness for the transition. Expand your understanding by reading the full piece here: https://lnkd.in/eRWwNBEa #businessdevelopment #financialservices #pensionfunds #transition #netherlands

A couple of weeks ago, we hosted our first alumni event, bringing together our current team of employees, associates, and former colleagues. In the cozy ambiance of a local bar, we played boules, enjoyed friendly competition, and shared great conversations. This event was a perfect opportunity to reflect on our achievements and strengthen the bonds that make our consultancy firm unique. Moments like these remind us of the power of community and our diverse network. Here's to more events that inspire, connect, and celebrate our growing FiSer family! #Consulting #FinancialServices #Culture #ChangeTransformation #Banking #Insurance #Pensions #Netherlands