Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Whitepaper June 8, 2020 Gaining Shelter From the Storm – A Technology Labor Model Tailor-Made to Manage Crises This article addresses both the challenges CIOs and technology leaders experienced during the COVID-19 pandemic and how companies and their technology functions responded to it. We learned that the organisations and their stakeholders most likely to shape their narratives in a positive direction were those who understood and leveraged the benefits of the new technology labor model that supports a… Whitepaper May 7, 2020 COVID-19 Borrowing Options: A Primer for Franchisees and Other Small and Medium-Size Businesses Amid unprecedented economic disruption caused by COVID-19, small and medium-size businesses (SMBs) that are the backbone of the U.S. economy face intertwining choices and challenges in determining the best courses of action to preserve their operations and protect the financial well-being of their employees. While direct bank and market financing remain an option for some, most small and medium-… 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 is the… Newsletter August 30, 2022 Compliance Insights - June 2020 Your monthly compliance news roundup FinCEN: BSA Reporting Obligations Remain Crucial During COVID-19 as Fraud Trends Rise The 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 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… Newsletter March 26, 2020 Compliance Insights - March 2020 Protiviti is committed to remaining the source for insights on the latest news in compliance you’ve come to expect. While the articles in this issue were developed prior to the escalation of events regarding COVID-19, we know they may still be impacting your organisations amid the current circumstances. Newsletter October 29, 2020 Compliance Insights - October 2020 Your monthly compliance news roundup Protecting Institutions Against PPP Fraud On September 10, 2020, Brian Rabbitt, acting assistant attorney general in the U.S. Department of Justice (DOJ), provided a status update on the department’s efforts to combat Paycheck Protection Programme (PPP) fraud. According to Rabbitt, the DOJ has filed charges against 57 individuals for fraudulently obtaining… Newsletter April 20, 2020 Compliance Insights - April 2020 Your monthly compliance news roundup OCC Reinforces Third-Party Risk Management Expectations Regulatory expectations related to third-party relationships have evolved considerably since 2013, when the Federal Reserve Board and Office of the Comptroller of the Currency (OCC) issued prescriptive guidances SR 13-19 and OCC 2013-29, respectively. To account for this evolution, the OCC published OCC… 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 organisation’s culture. This chasm… Whitepaper April 7, 2020 Credit Pulse - April 2020 A financial institution’s ability to maintain profitability through times of economic certainty or uncertainty is undoubtedly impacted by its careful management of the credit portfolio. Protiviti’s Credit Pulse is intended to provide a summary and analysis of economic indicators impacting financial institutions and the strength of their credit portfolio while providing industry-leading insights… Load More
