• Search in Protiviti.com

Results for

  • Blog
    Reality Check: Global Risks, Unexpected Opportunities on the Rise
    We are living in an unusual time. Never before have I witnessed such a dynamic, fast-moving, unpredictable environment. With natural disasters and food and water shortages displacing millions of people around the globe, the debate around the need for a concerted effort to address manmade climate change has never been more intense. At the same time, global cooperation and sustaining free and fair…
  • Blog
    CAQ’s New Cybersecurity Risk Management Oversight Tool: A Protiviti Analysis
    Cybersecurity is among the most critical risks that organizations need to address today. Management and protection of data, availability of critical systems and infrastructure, and the risk of cybersecurity threats are among the most pressing concerns for executive teams and boards of directors around the world. Earlier this year, the U.S. Securities and Exchange Commission (SEC) published…
  • Blog
    Hidden Vulnerability: GDPR Data in Unexpected Places
    The European Union (EU) General Data Protection Regulation (GDPR) — one of the most comprehensive data privacy regulations in history — is scheduled to become effective this week (May 25, 2018). This regulation imposes strict requirements on how the personal data of EU subjects is collected, used and stored — both within the EU and by foreign companies doing business within the EU, including…
  • Blog
    GDPR and EU AML Directives – A Regulatory Tug-of-War?
    The impact of the General Data Protection Regulation, effective 25 May 2018, will be felt for some time to come. One area where GDPR will present a significant ongoing challenge for the financial services industry relates to the personal data collection and processing obligations created under anti-money laundering (AML) regulations. The tension between the AML and privacy requirements is not new…
  • Blog
    Maintaining Staffing Equilibrium With a Flexible Workforce
    Veterans of finance and accounting recognize that as the business world moves forward, an accelerating rate of change calls for similar speed, flexibility and innovation in the finance department. Along with this imperative, the demand for a dynamic and competent workforce continues and, in many cases, becomes even more critical. Historically, accounting has been a straightforward function. Even…
  • Blog
    Hong Kong Issues Its First Money Laundering and Terrorist Financing Risk Assessment Report
    On April 30, 2018, the Hong Kong government published its first Money Laundering and Terrorist Financing (ML/TF) Risk Assessment Report. The publication of the risk assessment precedes an expected Financial Action Task Force (FATF) mutual evaluation review of Hong Kong later this year. The assessment report concludes that Hong Kong is subject to a medium-high level of money laundering risk…
  • Blog
    On the Road to Digital Transformation, One Map Does Not Fit All
    It seems that everywhere one looks today, another organization is going through a digital transformation. And that is, in fact, true. According to a recent global Gartner survey of over 3,000 chief information officers (CIOs), 95 percent of respondents can feel the effects of digitalization and expect their job to change because of it. The underpinning factors of digitalization (technical agility…
  • Blog
    A Lease Accounting Technology Solution Requires Some Homework: Five Steps to Get Started Now
    The 2018 GRC and Financials SAPinsider conferences took place earlier this year in Las Vegas. Protiviti SAP teams presented at several conference sessions, and their observations on what’s trending across the industry are compiled in a five-part series on the Protiviti Technology blog. Here, I’d like to specifically address the new lease accounting standard, one of the key topics at the…
  • Blog
    Listen: Protiviti’s Global Head of Innovation Discusses the Future of Banking
    Which one is the next financial product to be disrupted? Can artificial intelligence enhance the customer experience? How is the tension between fast-paced fintech innovation and the need for regulation going to be resolved? What does cybersecurity look like in a decentralized banking environment? These questions and more are discussed in a recent comprehensive interview with Tyrone Canaday, a…
  • Blog
    How to Prepare for the New EU AML Directive (5AMLD)
    On May 14, the European Parliament and Council formally adopted the fifth and latest update to the European Union’s Anti-Money Laundering Directive (5AMLD). Member states will have up to 18 months to transpose the new requirements into national law, beginning 20 days after the publication of the final text in the Official Journal of the European Union. The new legislation builds on existing laws…
Loading...