Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Newsletter August 30, 2022 Compliance Insights - June 2020 Your monthly compliance news roundupFinCEN: BSA Reporting Obligations Remain Crucial During COVID-19 as Fraud Trends RiseThe first case of the novel coronavirus (COVID-19) in the United States was confirmed on January 20, 2020, two months after the first known cases are believed to have originated in China. While the world turned its attention to the virus and finding effective treatment, a… Flash Report March 22, 2022 SEC Issues Proposed Rules for Enhancement and Standardization of Climate-Related Disclosures Today, the U.S. Securities and Exchange Commission (SEC) issued proposed rules that would require reporting companies to enhance and standardize climate-related disclosures. Specifically, the commission voted to approve moving forward with proposed changes related to information about climate-related risks contained in registration statements and periodic reports, such as a company’s… Whitepaper April 13, 2020 Managing Conduct Risk: How Aggregating and Assessing Data Can Drive Culture-Changing Decisions . . .Second in a Series on Risk Quantification Nearly every financial institution expresses a commitment to fair and transparent treatment of customers, investors and partners, but many still struggle to articulate and communicate to employees what they deem to be appropriate conduct. Often, employees are left to presume whether their actions align with their organization’s culture. This chasm… Video December 21, 2024 Video | Protiviti Legal Perspectives With Vice President Jessica Lank The legal landscape is evolving rapidly, and in this episode of Protiviti Legal Perspectives, we dive into the critical role of alternative legal services in supporting law firms and corporate legal departments. Our host, Chad Volkert, Global Solutions leader at Protiviti, is joined by Jessica Lank, vice president of Protiviti’s Legal Consulting practice, to explore how organizations are… Whitepaper August 1, 2022 Sanctions enforcement: A new era U.S. Deputy Attorney General Lisa Monaco has called sanctions “the new FCPA.” [1] The EU has issued a proposal that would make sanctions evasion an EU crime [2] . The U.K.’s Office of Financial Sanctions Implementation (OFSI) is under pressure from key global partners to step up its enforcement activity [3]. These developments are just a few of the signs that the national… Whitepaper August 11, 2023 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 organizations globally by 2025. Newsletter July 29, 2020 Compliance Insights - July 2020 In your monthly compliance news roundup, you will read about: Implications of Class Action Suit Alleging Misleading Autopay Options Recapping Regulatory Responses to COVID-19 DOJ Updates Guidance on Evaluating Corporate Compliance Programs Regulators Aim to Provide Financial Institutions Clear Guidance and Improve Compliance Whitepaper March 28, 2022 Risky Business: The Sanctions Challenges of Trade Finance As governments across the globe, including the EU, US, Canada, UK, Japan, Singapore and more, have imposed sanctions on Russia, with promises of additional action if Russia persists with its war on Ukraine, financial institutions and their customers are forced to review their trade and commodities transactions involving Russia to assess their legal and reputation risk. These reviews are… Newsletter May 28, 2020 Compliance Insights - May 2020 Your monthly compliance news roundup BSA/AML Examination Manual Updates from FFIEC On April 15, 2020, the Federal Financial Institutions Examination Council (FFIEC) released updates to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) examination manual. The manual is used to evaluate an institution’s compliance with the Bank Secrecy Act and anti-money laundering requirements. This… Flash Report March 26, 2020 CECL Deferred for Banks Due to the Impact of the COVID-19 Pandemic As public filers are preparing to file their first quarter financial statements for the period ending March 31, the unfolding COVID-19 pandemic and the related economic fallout have thrown mounting uncertainty as to what losses to report – and how to estimate them. Before the pandemic hit the market and caused stocks to lose 35% of their value, banks were well on their way preparing to estimate… Load More
