All Risk Management articles – Page 79
-
ArticleCredit Suisse hires Goldman Sachs veteran as chief risk officer
Credit Suisse Group has appointed longtime Goldman Sachs risk management expert David Wildermuth as its chief risk officer.
-
ArticlePart 2: Internal reporting sends whistleblowers down path alone
Almost no one becomes a whistleblower by choice. A slow and steady whittling down of options often leads individuals to isolation in coming to their decision. Our whistleblower subjects share the roadblocks they faced in reporting internally.
-
ArticleWhat companies (and the SEC) can learn from U.K. ESG reporting guidance
The U.K. Financial Reporting Council has proposed a series of measures from which companies—as well as other regulators like the SEC—could benefit as ESG disclosures receive closer scrutiny.
-
ArticlePart 1: Finding the fraud launches whistleblowers on life-changing journey
Whistleblowers aren’t born—they’re made. For five individuals that have taken on that mantle, the story began with discovering a problem that could no longer be ignored.
-
ArticleWho will be suited to compliance roles in the 2020s?
The challenges for compliance moving forward through the decade will become more insidious in nature. The profession requires fresh thinking and different perspectives, complemented by creativity, curiosity, and care.
-
Article‘The Compliance Entrepreneur’s Handbook’ dispels false paradox
A new book proves compliance practitioners can take risks and get paid dividends, and the authors are willing to show you how.
-
ArticleHow firms can protect vulnerable customers
Vulnerable customers have finally reached the top of the regulatory priority list. New guidance from the U.K. Financial Conduct Authority sets out what will be expected of firms in providing an appropriate level of care.
-
ArticleThe debate over AI: Regulate the tech or its use?
Recent comments by Facebook’s top executive in charge of developing AI reignite the debate over whether regulators should be more focused on reining in the technology itself or just the way it is used.
-
ArticleNew bank guidance expands on advice for handling third parties
Three federal banking regulators are seeking public input on the first comprehensive update to risk management guidance for financial institutions entering into business relationships with third parties since 2013.
-
ArticleSPAC due diligence called out in $8M SEC enforcement
The SEC issued a $7 million fine against startup space company Momentus for misleading investors about the viability of its technology and an additional $1 million fine against the SPAC taking it public for not conducting adequate due diligence.
-
ArticleICA: Takeaways from risk assessment roundtable
A recent roundtable on best practices for risk management saw delegates share their experiences in conducting assessments that are accurate, effective, and efficient.
-
ArticleCredit Suisse creates new risk role to prevent next Archegos
Credit Suisse has named Amélie Perrier to a new senior executive position to track the trading positions of its largest customers after the bank lost $4.7 billion in the aftermath of the collapse of Archegos Capital Management.
-
ArticleFive steps to elevate your average compliance program
Why settle for an average compliance program when you can have so much more? It isn’t easy, but commitment to a handful of key requirements can push your program to the next level.
-
ArticleHow Uber toes the line between compliance and innovation
At CW’s TPRM virtual event, Dianna Jones, director of legal compliance at Uber, shared how the company seeks to build compliance into new initiatives without stifling innovation.
-
ArticleSurvey: Emerging TPRM trends in anti-corruption
Kroll’s newest anti-corruption benchmarking report highlights current TPRM trends such as evolving challenges with enhanced due diligence, the rise of automation, the growing incorporation of ESG matters into compliance programs today, and more.
-
ArticleBritish Airways settles 2018 data breach class action
British Airways has settled one of the U.K.’s largest group actions after thousands of people sought compensation following a 2018 data breach that resulted in the airline being fined under the GDPR.
-
ArticleTPRM 2021: What to do before, during, and after a ransomware attack
Two risk and compliance practitioners opened their cyber-playbooks at CW’s TPRM virtual event, explaining how to identify and address vulnerabilities, establish transparency with vendors, and strengthen an organization’s incident management program.
-
ArticleTakeaways from NYDFS ransomware guidance
The New York State Department of Financial Services has issued guidance for regulated entities describing best practices for reducing the risk of a ransomware attack.
-
ArticleCompliance implications of Robinhood’s record $70M FINRA fine
The Financial Industry Regulatory Authority ordered Robinhood Financial to pay a record-breaking $70 million in penalties, the result of “systemic supervisory failures in several critical parts of its business.” The firm must retain a compliance consultant, among other enhancements.
-
ArticleCharles Duross: Tips for managing third-party FCPA risks
Charles Duross, former deputy chief of the DOJ’s Fraud Section, shared tips on how companies can best manage third parties and employees who willfully try to circumvent internal controls during his keynote speech at CW’s virtual TPRM conference.