Risk and finance alignment – The path forward
Why institutions should prioritize risk and finance alignment.
Why institutions should prioritize risk and finance alignment.
Five key points from Governor Tarullo’s farewell speech.
Managing HMDA compliance risk ahead of CFPB examinations.
On March 24th, the Federal Reserve and Federal Deposit Insurance Corporation released long-awaited feedback on the 2015 resolution plans for 16 US regional banks.
Many financial institutions have adopted a front office central supervision team within the first Line of Defense to assist supervisors with monitoring non-financial risks.
We expect the CFPB to increase scrutiny over the use of consumer reporting agencies to screen potential deposit account customers.
On February 3rd, the Trump administration issued a Presidential Memorandum instructing the DOL to re-examine its fiduciary rule, but did not specifically recommend a delay as many expected.
On February 3rd, the Federal Reserve (Fed) issued its Comprehensive Capital Analysis and Review (CCAR) instructions and three accompanying supervisory scenarios to be used for the CCAR and Dodd-Frank Act stress test exercises.
Ten key points from Basel’s FAQs on the Fundamental Review of the Trading Book.
What to expect in the 2017 sanctions landscape.
DFS's revised proposal is less prescriptive and more risk-based than its earlier version.
New sanctions relief creates business opportunities for financial institutions.
Top performing regional banks have demonstrated similar capital allocation strategies.
On December 16 the Federal Reserve (Fed) released its long-discussed Total Loss-Absorbing Capacity (TLAC) requirements.
FINRA's proposal continues regulators' focus on protecting elderly customers.
Ten key points from SEC's final Consolidated Audit Trail plan.
Five key points from the FDIC’s final deposit recordkeeping rule for large banks.
Ten key points from Donald Trump's victory.
Banking regulators’ joint ANPR continues the trend of heightened cybersecurity expectations for large institutions.
Financial institutions should be on the lookout for eight sanctions circumvention typologies.
Key points from the election and FAQs.
Five key points from the Treasury's final rule on QFC recordkeeping.
Regulatory scrutiny will be wide-ranging and will hold Boards accountable.
Five key points from the SEC's final rule on fund reporting.
Ten Key Points from the SEC’s liquidity risk management rule and swing pricing amendment.
The Fed is likely to finalize its single counterparty credit limits (SCCL) rule this year.
Ten key points from the US G-SIBs’ resolution plan progress reports.
Ten key points from Governor Tarullo’s speech on stress testing and the Fed’s NPR.
The benefits of efficient intraday liquidity management are growing.
DFS’s cyber proposal could hold directors and officers personally liable for noncompliance.
The CFTC’s final rule relaxes earlier proposed testing requirements, but challenges remain.
Three lessons from FINRA’s largest ever AML enforcement action.
Mandatory margin on TBA transactions for broker dealers.
The CFTC raises expectations for CCP recovery and resolution.
Five key points from the SEC’s reporting and public dissemination rule.
FinCEN’s proposed rule forces banks to choose between doing business with the US or doing business with North Korea.
SEC announces sweep of broker-dealer Customer Protection Rule compliance.
Five key points from the CFTC's amendment to swap data reporting
Five key points from the SEC's business continuity plan proposed rule for investment advisers.
DFS issues the first formal regulation on transaction monitoring and filtering programs.
Five key points from the 2016 Comprehensive Capital Analysis and Review (CCAR).
The Consolidated Audit Trail database will track all equities and options traded in the US.
Five key points from the Fed's 2016 DFAST.
Five key points from the UK voters' decision to exit the EU.
Banks must integrate their cybersecurity, fraud, and insider threat programs to protect themselves.
Five key points from the Agencies’ FBO resolution plan announcements.
Ten key points from the Fed’s proposed insurance regulations.
Tarullo's speech on insurance capital standards
CFTC’s Regulation Automated Trading enhances oversight of algorithmic trading practices.
Last week’s final rule establishes the first prescriptive obligation to know the beneficial owners of your customers.
How to protect elderly customers from financial exploitation.
Ten key points from the SEC’s business conduct standards for swap entities.
Five key points from the US Net Stable Funding Ratio.
Five key points from US regulators’ bonus compensation proposal.
Ten key points from Agencies’ resolution plan feedback.
Ten key steps for preventing fraud attacks.
Ten key points from the DOL’s fiduciary duty rule.
Five key points from the OCC’s financial innovation paper.
Knowing the ultimate beneficial owners of your clients has never been more necessary.
MiFID II's compliance extension delays the inevitable for US and global firms.
OFAC’s new rules create new business opportunities for financial institutions.
Five key points from Basel Committee’s proposed restrictions on internal models for credit risk.
Five key points from Basel’s enhanced disclosure proposal.
Ten key points from Basel's Standardized Measurement Approach for operational risk.
Ten key points from the Fed's single-counterparty credit limits proposal.
Five key points from the interagency funds transfer pricing guidance.
The FDIC proposes shifting deposit insurance calculation to banks.
How to prevent account takeover attacks.
A busy year ahead for swap dealers.
The new “Privacy Shield” data transfer agreement presents three key challenges for financial institutions.
Foreign firms must incorporate IHCs into their 2016 resolution plans.
The shifting regulatory landscape presents four key challenges for financial services firms.
This year's public plan summaries are consistent with last year's plans with some exceptions.
Ten key points from the Fed's 2016 CCAR summary instructions and supervisory scenarios
Financial institutions should begin implementing FinCEN's proposed KYC requirements.
Ten key points from Basel's Fundamental Review of the Trading Book.
Our detailed survey and analysis of the US's largest banks.
Proposed CFTC regulations will require testing programs to be enhanced at nearly every organization.
Five key points from the Fed's supervisory assessment of capital planning and positions.
Ten key points from the SEC's proposed derivatives rule to limit leverage for registered funds.
Ten key points from the OCC’s recovery planning proposal.
As the number of connected devices continues to grow, so will the sophistication of cyber attacks.
Basel's re-proposed standardized approach is a more viable alternative to internal models.
DOL’s fiduciary duty proposal presents operational challenges for insurers.
Organizational change won’t be easy, but regulators from around the world expect it.
DFS's proposal would challenge insurers and banks that are not among the largest players.
Ten key points from the Fed’s finalized liquidity reporting requirements.
Getting the CFPB's new HMDA reporting right.
US banking regulators' final rule completes a four year rulemaking process.
The EU's invalidation of "Safe Harbor" poses significant risk to US banks.
Ten key points from the Fed's proposed Total Loss-Absorbing Capacity.
The Fed proposes that CFO's attest to the validity of their stress test data.
FINRA's proposal presents five key challenges for broker-dealers
The SEC's upcoming cyber exams will dig deeper than before.
Ten Key Points from the SEC’s Proposed Liquidity Risk Management Rule for Mutual Funds.
Key points from Wave 1 filers' bank-subsidiary resolution plans
State regulators will begin examining insurers next year.
Expect new SEC anti-money laundering enforcement.
Impacted entities face seven key challenges.
Retirement advisors are at a crossroads.