By
Jaclyn Jaeger2020-08-11T16:35:00
The Basel Committee on Banking Supervision is seeking comment from the financial services industry on its proposed principles for operational resilience that aim to enhance banks’ ability to withstand, adapt to, and recover from potentially severe adverse events.
2024-08-05T13:01:00Z By Neil Hodge
The European Union’s Digital Operational Resilience Act, which is set to take effect next year, will require financial services firms to implement stronger measures to protect not only themselves from disruption caused by cyberattacks but also the sector as a whole.
2020-08-11T17:49:00Z By Jaclyn Jaeger
The Basel Committee on Banking Supervision recently issued an updated version of its guidelines on sound management of risks related to anti-money laundering and combating the financing of terrorism.
2025-11-21T21:17:00Z By Oscar Gonzalez
The Consumer Financial Protection Bureau is reportedly transferring its enforcement caseload to the DOJ, one of multiple indicators telegraphing its eminent shutdown.
2025-11-20T21:55:00Z By Ruth Prickett
Geopolitical instability and a general focus on increasing growth and productivity by governments worldwide are causing a slew of regulatory changes in the financial services sector. But most firms are failing to identify potential compliance changes early enough to make meaningful decisions.
2025-11-05T20:28:00Z By Ruth Prickett
Insurance firms are warning that AI-washing could trigger a slew of cases against directors, and are adjusting their directors’ and officers’ liability premiums accordingly. With regulators cracking down on AI-washing, compliance could be a crucial line of defense and save companies on their insurance costs.
2025-10-24T18:57:00Z By Ruth Prickett
“Hallucinatory” citations and errors in an AI-assisted report produced by Deloitte for the Australian government should be a wake-up call for compliance officers about the risks of placing too much trust in AI.
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