Risk Management

The Office of the Comptroller of the Currency has published final guidelines intended to strengthen the governance and risk management practices of large financial institutions. The guidelines apply to insured national banks, insured federal savings associations, and insured federal branches of foreign banks with $50 billion or more in average total consolidated assets. They also […]

Amber Road, a provider of global trade management solutions, announced that the Acteon Group, a global integrated subsea services provider, has chosen Amber Road to automate and standardize restricted party screening across all of its worldwide branded services. Until now, the individual Acteon branded services tracked and managed their trading partners independently and mostly manually, […]

I have spent almost twenty years as an auditor; externally, internally, or training auditors. When discussing the subject of risk assessments and annual audit plan development, I am reminded often of a quote from Winnie the Pooh. “Here is Edward Bear, coming downstairs now, bump, bump, bump, on the back of his head, behind Christopher […]

The emergence of corporate bring-your-own device initiatives is great for employees on the go and appreciated by time-strapped managers. It is also a potential nightmare for compliance personnel because failing to comply with data security and privacy regulations can result in large fines, litigation, and damage to a company’s reputation. In this edition of the […]

Grant Thornton announced this month that it has hired Ilieva Ageenko as a managing director and leader of its financial services advisory model risk management practice. Most recently, Ageenko was a senior vice president and quantitative risk executive at Bank of America, where she led the enterprise quantitative risk technology organization, built and managed data […]

The Securities and Exchange Commission announced this week that it will be launching an examination initiative directed at newly regulated municipal advisors. SEC rules that took effect July 1 require municipal advisors to register with the SEC through the SEC’s EDGAR system under the final registration process during a four-month phase-in period by Oct. 31. […]

Kroll, a provider of risk solutions, has brought on three senior hires to accelerate growth within the compliance market.   Kevin Braine joins the firm as managing director, head of EMEA for the compliance practice. Braine, who will be based in London, will beresponsible for driving forward the expansion of Kroll’s compliance services throughout the […]

Convercent, a SaaS-based enterprise governance, risk and compliance (GRC) solution provider, has continued to expand its global footprint with several new enterprise customers. New customers in the second quarter, include: Philip Morris International; CH2M Hill; Under Armour; Einstein Noah Restaurant Group; Juniper Networks; and Dolby Laboratories. In September, Convercent will release a new expansion to […]