Financial Services Industry
Collection
Technology is rapidly evolving and digital adoption accelerating. Regulatory obligations are increasing in scope, rigor and complexity. Global events continue to challenge business, exacerbating existing and exposing new risks. Organizations across the financial services industry are facing demanding customer expectations to deliver seamless and uninterrupted services juxtaposed with rising cost pressures and regulatory scrutiny.
We help financial institutions, mortgage servicers and lenders, and insurers to be more effective and efficient in a way that is risk-sensitive, regulatory compliant, well-controlled, and enabled by leading technologies.
We have curated content to help financial services executives stay ahead of emerging challenges and create opportunities for sustained future growth.
Featured Insights
Advanced Analytics in Sanctions Compliance
The adoption of advanced analytical tools and emerging technologies such as AI and ML has continued to gain enterprise adoption across compliance...
Implications of U.S. Banking Regulators’ Final Guidance on TPRM – with Brian Kostek, Kathryn Hardman and Helen Smith
In June, nearly two years after issuing their proposal for third-party risk management (TPRM), the U.S. banking regulators – the Office of the...
What Do the Silicon Valley Bank and Signature Bank Failures Mean for Bank Supervision?
On April 28, four reports were issued on the failures of Silicon Valley Bank and Signature Bank. These reports signal the next stage of what is likely...
Executive Perspectives on Top Risks for 2023 and 2032
The level of uncertainty in today’s global marketplace and the velocity of change continue to produce a multitude of potential risks that can disrupt...
Risk & Compliance
How Insurers Can Prepare for NAIC Climate Risk Disclosure Compliance
The big picture: The National Association of Insurance Commissioners (NAIC), the standard-setting body for the U.S. insurance industry, recently...
U.S. Banking Regulators Finalize (Finally) Revised Third-Party Risk Management Guidance
On Tuesday, June 6, 2023, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal...
Reshaping Loan Servicing Compliance
Servicers in lending organizations are challenged with navigating economic headwinds that are pushing delinquency- and default-rate projections higher...
Industry Experience With Remote Branch Inspections
Beginning in 2020, the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and several states provided...
Sanctions
Navigating sanctions compliance through the transition to ISO 20022
The International Organization for Standardization’s (ISO) new global messaging standard, ISO 20022, is set to be adopted by payment processing...
Mitigating crypto sanctions evasion risk in financial institutions
The Financial Action Task Force (FATF) has long warned that criminals leverage virtual assets not only for predicate or money-laundering offenses but...
One Year of Russian Sanctions: A Financial Services Industry Perspective
On February 24, 2022, Russia invaded Ukraine. The global condemnation of the invasion has included an unprecedented number of sanctions against Russia...
Positioning Asset Managers to Withstand Economic Sanctions
Governments around the globe have engaged increasingly in offensive economic-sanction tactics in response to geopolitical conflicts, social injustice...
Women in Financial Services
Risky Women Podcast | Talent Management and the Nature of Work
Tonya Hummers, Managing Director at Protiviti, speaks with Sarah Olthoff, Senior Vice President and Chief Business Risk Officer at Discover Financial...
Risky Women Podcast | Risk & Compliance at the Speed of Modern Business: Lynn Haaland
Christine Halvorsen, Protiviti's U.S. Risk and Compliance lead, talks with Lynn Haaland, Chief Compliance, Ethics & Privacy Officer at Zoom Video...
Podcast | Risky Women: Compliance Priorities for 2022
To kick off our 2022 Risky Women Radio podcast series, Kimberley Cole speaks with Senior Risk and Compliance Leaders at Protiviti, Carol Beaumier and...
Risky Women Podcast | Compliance & Risk Challenges for Small Asset Management Firms: Amy Aubin
Jackie Sanz of Protiviti talks with Amy Aubin, a CCO of two firms in Canada, about compliance and risk challenges faced by compliance professionals of...
ESG
Podcast | Financial Inclusion and Its Impact – with Alyse Mauro Mason, Tracie Anderson and Shelley Metz-Galloway
In this episode, hosted by Protiviti Associate Director Alyse Mauro Mason, we focus on financial inclusion, defining financial inclusion and its...
What Role Should Compliance Play in ESG?
Regulators and many other stakeholders are intently focused on how financial institutions address environmental, social and governance (ESG) matters....
COSO Issues Supplemental Guidance on Internal Control Over Sustainability Reporting — With Examples
Last Thursday, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) released interpretive guidance on how to effectively apply...
COSO Issues Supplemental Guidance on Internal Control Over Sustainability Reporting
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released supplemental guidance on how to effectively apply the 2013...
