Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog November 20, 2020 Realities of Crisis, Regulatory Landscape Call for Re-imagining Resilience and Curbing Complacency Over the last 12 months, financial institutions and regulators have been re-imagining what it means to be a resilient organization. The most disruptive event in modern history also has been the most instructive in terms of expanding the industry’s collective understanding of operational risks and the capabilities required to withstand them. While the jury is still out on the important lessons… Blog November 23, 2020 FinCEN and the Banking Agencies Clarify Due Diligence Requirements for Charities, Non-Profit Organizations On November 19, 2020, the Financial Crimes Enforcement Network (FinCEN) and the bank regulatory agencies (the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and the National Credit Union Administration) issued a joint fact sheet on Bank Secrecy Act Due Diligence Requirements for Charities and Non-Profit Organizations. The fact sheet… Blog November 30, 2020 Transforming Delivery Through Value Streams As business and IT leaders adopt new operating models and organize around rapidly shifting customer and business prioritization, they are embracing value stream management as their preferred approach. The rate of change is forcing organizations to rethink how to expedite value as they seek to transform and stay relevant. In the previous two blogs, “Seven Key Factors to a Successful PMO… Blog December 3, 2020 SEC Adopts Final Rule to Modernize MD&A and Related Financial Disclosures As part of a broader effort to modernize, simplify and enhance securities regulation, the U.S. Securities and Exchange Commission (SEC) has adopted several changes to Regulation S-K, Management’s Discussion and Analysis, Selected Financial Data, and Supplementary Financial Information. The changes will affect existing SEC filers, registration statements, and also Special Purpose Acquisition… Blog December 7, 2020 Regulators Increase Focus on Virtual Currencies as Institutional Interest Grows Federal regulators have started issuing more guidance to financial institutions on offering new and innovative financial products and services, such as cryptocurrencies, to customers in a safe and sound manner. The increased regulatory interest has become necessary as cryptocurrencies enter mainstream consumer use in the United States. Not only is there expanding institutional support for… Blog December 14, 2020 CISA Issues Emergency Directive to Mitigate SolarWinds Orion Code Compromise On December 13, 2020, the Cybersecurity & Infrastructure Security Agency (CISA) issued an emergency directive detailing required action for federal agencies to mitigate the threat of the recently discovered compromise involving SolarWinds® Orion® Network Management products that are currently being exploited by malicious actors. (Read the SolarWinds Security Advisory here.) Given the nature… Blog February 24, 2021 Ready to Strike a Deal? Five Best Practices to Ensure Repeatable Success in M&A Transactions According to a recent survey of executives, over 70% of companies plan on being involved in a merger or acquisition (M&A) in 2021. This is a welcome change from 2020, when deal value globally dropped 5% from last year, to $3.6 trillion – the lowest since 2017. As activity begins to quicken, organizations should view a potential M&A not as a long shot but as a likely path toward growth,… Blog February 25, 2021 Guidelines for Serving Limited English Proficiency Consumers Emphasize Expectations and Risks for Financial Institutions On January 13, 2021, the Consumer Financial Protection Bureau (CFPB) published a Statement Regarding the Provision of Financial Products and Services to Consumers with Limited English Proficiency (LEP). The statement is intended to provide principled guidelines to assist financial institutions when offering or expanding products and services to LEP consumers. The statement expands on observations… Blog February 26, 2021 Returning to the Office with an Adaptable, High-Performance Team The response to the pandemic from organizations can be classified into multiple phases. In the first phase, business leaders scrambled to equip teams for remote work. Later, ad hoc groups sprang up to devise return-to-office (RTO) plans. Soon after, many recognized they’d have to optimize tools and processes for remote collaboration that would last months longer than they had anticipated. And now… Blog March 1, 2021 Setting the 2021 Audit Committee Agenda: Your Questions Answered Following a year of unprecedented challenge and upheaval, the 2021 audit committee agenda has a different look than in years past. Issues such as the uncertain economic outlook, geopolitical tensions, a remote and distributed workforce, cybersecurity threats and changing customer demands will continue to disrupt business as usual and demand that business leaders remain alert and ready to pivot.… Load More
