Compliance

Depending on the tenor of the times, navigating the financial services landscape gives rise to far more challenging questions than comforting answers.

For some banks, regulatory compliance programs inspire all the enthusiasm of a forced march.

Attorney Michael Dailey has tough decisions to make when he advises his bank clients how to adhere to the Department of Labor’s (DOL) regulations on fiduciary responsibilities.

Todd Kleperis heads an organization that uses unmarked armored vehicles and heavily-armed men (including veterans) to shuttle bundles of marijuana and bags of cash throughout southern California.

In light of 2017’s most severe breaches—from Equifax to Deloitte—it’s no surprise to see companies rethink their cybersecurity posture.

Four letters—CECL—may signify one of the most profound revolutions in financial services since FDIC.

Compliance, so often followed by the rulebook, also needs a playbook: one that gets everyone on board, from the C-suite to the front-line employees who deal with customers.

Banking executives are busy preparing for the most significant accounting change in their careers: CECL, the Financial Accounting Standards Board’s (FASB) new Current and Expected Credit Loss model.

Though regulation technology might be seen as just another fintech subset, it’s anything but.

Last year, the Financial Accounting Standards Board (FASB) issued several major documents: Accounting Standards Update (ASU) 2016-13, and Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.