- Evolution of vendor risk management practices in consumer finance companies
10/28/13 | Consumer finance
Consumer finance companies should consider re-examining their internal processes and align vendor assessment and monitoring activities to the risk of the type of service being provided to derive greater business value from their investments.
- ATM, QM & QRM: Document it or lose it
9/24/13 | Consumer finance
In this PwC paper, we discuss the six questions that companies should ask themselves to help them consider the issues involved in making the necessary changes to comply with the ATR and QM standards.
- Let’s make a difference: Managing compliance and operational risk in the new environment
8/30/13 | Financial Services Institute
How can banks manage compliance and operational risk in a changing regulatory landscape?
- Stress testing: Getting to credibility - Firms between $10 and $50 billion
8/30/13 | Financial services regulatory practice
Analysis of the banking regulators' guidance on the Dodd Frank Act's stress testing requirements for firms between $10 and $50 billion.
WebcastFinancial Markets: Q3 US & Global Outlook – October 9, 2013
Banking & capital markets
This webcast, hosted by the Financial Instruments, Structured Finance, and Real Estate (FSR) group, focuses on the emerging trends, latest news, and market data updates related to today's financial markets and their participants.
WebcastPreparing today for risks on the horizon: How Internal Audit can help manage banking industry risks – September 24, 2013
Regulatory expectations for strong compliance governance in the banking sector continue to evolve. Sovereign debt levels and monetary policy threaten confidence and growth and historic low rates continue to put pressure on margins. PwC's Internal Audit practice hosted this webcast to discuss the current risks facing the banking industry and how internal audit can help facilitate preparedness for future risks.
- Basel & prudential standards: US moving faster than world
8/12/13 | Financial services regulatory practice
US regulators are eager to complete rulemakings implementing Basel III and Dodd-Frank’s Enhanced Prudential Standards. This desire is compounded by public and congressional criticism of the delay in establishing a post-crisis supervisory framework – criticism that has been getting louder every year since Dodd-Frank’s passage.
- Credit exposure: Affiliate transaction rule in sight
8/6/13 | Financial services regulatory practice
Various provisions of Dodd-Frank require banks to incorporate credit exposures from derivatives and securities financing transactions when calculating prudential limits.
- Heightened leverage ratio: US regulators unveil next act for regulating large banks – a long way until the end
7/24/13 | Financial services regulatory practice
US regulators issued a Notice of Proposed Rule-making calling for a Revised Supplementary Leverage Ratio for the eight most systemically significant US banking organizations.
- Automotive Leasing Insight
7/24/13 | Banking & capital markets
This paper discusses the factors that can be attributed to the growing popularity of leasing, the advantages of having a well-designed customer experience lease strategy and how this can help support long-term customer retention and loyalty and serve as a springboard to capture additional market share as well as help to offset potential regulatory risk issues.
- Strategic Cost Management for Mortgage Lenders and Consumer Finance
7/24/13 | Banking & capital markets
This paper discusses four critical elements that should be considered if an organization is to deliver sustainable cost reduction through transforming its expense base.
- Foreign banks: Hope is not a strategy – Time to act
7/18/13 | Financial services regulatory practice
In December 2012, the Federal Reserve published a NPR describing how the Enhanced Prudential Standards under Dodd-Frank would be applied to foreign banking organizations.
- US regulatory outlook – second half of 2013: Final enhanced prudential standards and Basel III rules
7/10/13 | Financial services regulatory practice
This Regulatory Brief provides (a) the “regulatory scorecard” for 2013 and (b) our view of the Basel III and enhanced prudential standards rulemakings that will occur over the rest of 2013.
DatalineDataline: Responses are in on the FASB and IASB's financial instruments classification and measurement proposals (No. 2013-15)
7/1/13 | Assurance services
This Dataline provides a high-level summary of the of the comments received on the board's respective proposals.
- Swaps Pushout: FBOs get needed relief - Level playing field for foreign banks
6/10/13 | Financial services regulatory practice
On June 5, 2013, the Federal Reserve Board approved an interim final rule (with request for comment by August 4, 2013) on the treatment of uninsured US branches and agencies of foreign banks under section 716 of the Dodd-Frank Act - the so-called Swaps Pushout rule.
- Volcker Rule: Are banks keeping the [good] faith?
3/7/13 | Financial services regulatory practice
This FS Regulatory Brief provides our view of (a) where banks stand right now in preparing for Volcker, (b) the timing of the final rule and what it may look like, (c) the response of foreign regulators, and most important (d) what banks should be doing now.
DatalineDataline: Financial instruments classification and measurement - An update on the FASB's tentative approach to be exposed in Q1 2013 (No. 2012-21)
12/7/12 | Assurance services
Classification and measurement is an important part of the FASB and IASB’s joint project on financial instruments. The FASB expects to issue a revised exposure draft in the first quarter of 2013 for public comment. The board will likely ask for feedback on the amount of time needed to implement the changes before deciding on an effective date for the final standard. The IASB issued an exposure draft of its proposed changes to IFRS 9 in late November 2012 with a proposed effective date of January 1, 2015. The exposure draft has a 120-day comment period. This Dataline provides a summary of the boards' decisions that is based on the project summaries posted on their websites, our observations of their meetings, and our understanding of their intent.
- Rebooting the branch: Reinventing branch banking in a multi-channel, global environment
12/5/12 | Financial Services Institute
The rise of the digital consumer and the high-cost infrastructure of physical banking locations are leading to a declining ROI for branches. Evolving the branch network to align with changing consumer and economic realities can help banks boost ROI and position themselves for the future.
DatalineDataline: Highlights of the 2012 AICPA National Conference on Banks and Savings Institutions (No. 2012-14)
10/18/12 | Assurance services
The 2012 AICPA National Conference on Banks and Savings Institutions was held September 10 through 12, 2012 in Washington, DC. Representatives from the banking regulators, SEC, and standard setters presented at the Conference along with auditors, users, preparers, and industry experts. Presenters expressed views on a wide range of important accounting, auditing, and financial reporting topics. This Dataline provides highlights of topics discussed at the Conference.
PwC comment letter (PCAOB)PwC Comments on Proposed Amendments to Conform the PCAOB's Rules and Forms to the Dodd-Frank Act and Make Certain Updates and Clarifications
5/8/12 | Assurance services
PwC believes that the audits of brokers and dealers should be conducted in accordance with PCAOB auditing and attestation standards once the SEC adopts Rule 17a-5 and, therefore, supports the changes to the Board's rules to reflect its pending jurisdiction over the auditors of brokers and dealers.