Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog August 31, 2016 Introducing Compliance Insights: Protiviti’s Monthly Roundup of News for Financial Services Firms With global banking regulation consistently ranking as a top concern for financial service industry executives and directors, Protiviti has launched Compliance Insights, a monthly advisory newsletter designed to provide financial services industry (FSI) executives with timely news on issues that are relevant now. Although primarily focused on banking compliance matters related to consumer… Blog September 2, 2016 Global CAEs Seeing Regulatory Convergence At The Institute of Internal Auditors International Conference in New York this July, I had the privilege of moderating a panel of CAEs on global audit issues, emerging risks and challenges in the financial services industry. We had a large international group, including hundreds of CAEs, who were eager to hear from our panelists representing some of the world’s largest financial institutions.… Blog September 9, 2016 PCI DSS 3.2 – What You Need to Know We’ve been getting a lot of inquiries from clients on the new payment card industry (PCI) compliance standard issued by the PCI Security Standards Council in April. The new data security standards (DSS) release, dubbed PCI DSS Version 3.2, contains some major changes from the previous version. The changes are explained pretty clearly in our May 9 Flash Report, but we recently had the… Blog September 21, 2016 CECL/IFRS 9 Update: New Credit Impairment Model Deadlines and Implementation Considerations As Protiviti reported back in May, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been looking for lessons in the global banking crisis of 2007-08 and have come up with new forward-looking predictive models for financial institutions to use when estimating how much to reserve against potential loan losses. The FASB’s CECL model will… Blog September 29, 2016 The Evolution of Risk Reporting One of the key questions financial services firms ask every morning is, “Am I riskier today than I was yesterday?” Institutions need to know whether their risk profile has changed, and why. In such a highly competitive industry and a constantly evolving economic environment, knowing how and why their risk profile is changing – or is about to change – is a significant advantage because it can… Blog October 3, 2016 Recent Serious Violations Confirm Compliance Vigilance Is Continually Required The September edition of Compliance Insights comments on two recent regulatory actions – one related to overtly discriminatory lending practices and one related to apparent violations of the Kingpin Act. Both demonstrate failings of the cited institutions’ compliance management systems to properly detect and prevent these issues, which have had significant monetary and reputational impacts. This… Blog October 7, 2016 10 Tips for Companies to Raise Cyber Awareness Among Employees October is Cyber Security Awareness Month. Follow our blog for the latest from our experts on how to reduce your cybersecurity risk and related issues. Although much of the media attention surrounding cybersecurity tends to focus on hackers forcing their way into systems, research shows companies are almost twice as likely to suffer from a self-inflicted breach via email phishing, or other… Blog October 11, 2016 FSI CBOK Study: Effective Assurance Alone Is No Guarantee of Internal Audit Success This year the internal audit agenda for the financial services industry is more than a little crowded. Global macroeconomic uncertainty, rock-bottom interest rates, soaring regulatory expectations, cybersecurity threats and attacks, legacy information technology (IT) systems, fintech, blockchain and other disruptive innovations — and that’s before we even get to fulfilling the core mission of… Blog October 24, 2016 Money 20/20: Impact of the U.S. Presidential Election on the Financial Services Regulatory Landscape Blockchain, globalization, digitization, cybersecurity, fintech, new customer demands, and more. Money 20/20, the largest global financial industry event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology, gets underway this weekend (Oct. 23-26). Once again, Protiviti is proud to be an… Blog October 24, 2016 Money 20/20: Protiviti Experts Share Their Views on Hot Topics in Day 2 Blockchain, globalization, digitization, cybersecurity, fintech, new customer demands, and more. Money 20/20, the largest global financial industry event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology, takes place Oct. 23-26. Once again, Protiviti is proud to be an exhibitor sponsor… Load More