Board Oversight vs Information Overload

Formalise a risk-tiering taxonomy so proportionate oversight satisfies regulator expectations of risk-based due diligence without appearing arbitrary to stakeholders.

CyberTRIZ analysis · Banking contradiction G032 · one of 8,235 worked contradictions published by CyberTRIZ.AI

Regulations

FATF COSO_ERM COBIT2019 ISO_31010 BE_NBB_GOVERNANCE_MANUAL_2022

Business Context

Boards require sufficient information to exercise effective oversight, yet excessive reporting may obscure the most significant risks and strategic issues.

Banking TRIZ Resolution

Provide executive dashboards highlighting key risk indicators, material exceptions, and strategic trends while allowing detailed information to remain available when required.

Recommended Principles

Principle 2 - Taking Out

Principle 17 - Another Dimension

Principle 32 - Colour Changes

Expected Outcome

Better board oversight

Faster executive decisions

Improved governance effectiveness

TRIZ principles applied

P2 Taking OutP17 Another DimensionP32 Colour Changes

Controls that address this (13)

FATF-AML-001 - Implement Risk-Based AML/CFT Approachoperational · critical priority · Implement a risk-based approach to AML/CFT covering: national risk assessment awareness, institutional risk assessment, risk-based allocatio FATF-CDD-001 - Implement FATF-Standard Customer Due Diligenceoperational · critical priority · Apply CDD measures to all customers: identify and verify customer identity, identify beneficial owners, understand the purpose of the busine FATF-R1-001 - Institutional AML/CFT Risk Assessmentgovernance · critical priority · Conduct a comprehensive institutional AML/CFT risk assessment covering: products and services, customer types, delivery channels, and geogra