The United Kingdom’s departure from the European Union (EU) has triggered a wave of significant changes across all sectors of the economy, but one of the most intricate shifts has been in the area of Value Added Tax (VAT). Once neatly tied into the EU’s unified VAT regime, the UK is now navigating a standalone path, developing a VAT system suit
Risk-Based Capital Assessment Framework
In today’s volatile economic environment, financial institutions and insurers must manage their capital efficiently to remain solvent and competitive. A key component of this effort is the Risk-Based Capital (RBC) Assessment Framework, which ensures that organizations hold sufficient capital to cover their risks. Unlike traditional capital assess
Operational Excellence Through Advanced SOP Implementation Strategies
Operational excellence is a critical goal for organisations aiming to achieve superior performance, reduce costs, and enhance customer satisfaction. It involves consistently delivering value by optimising processes, aligning resources, and ensuring high levels of efficiency. In this context, Standard Operating Procedures (SOPs) are a cornerstone of