Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Analyzing Your Risks in the Banking Sector

Matt Kelly | December 16, 2015

Now that the Federal Reserve has raised interest rates for the first time in seven years, it’s as good a time as any to worry about risks in the banking system—and, thankfully, two different regulators have given us some fresh reason fret. Let’s get to it.

We can start here in the United States, where the Office of the Comptroller of the Currency just released its semi-annual review of the banking system and what challenges lie ahead for it. To a certain extent, what the OCC says is not news: small and large banks alike still struggle to find growth, so they are easing up their loan writing standards, and many seem unprepared for the vigorous risk management you need should you be in a sluggish industry where taking bolder risks is required for growth.

Let’s put that into a more tangible context for compliance and audit professionals. Your bank is under...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.