Regulatory & Compliance

HOW TO BE SMART AND SURVIVE THE BANKING REGULATIONS?

bank-regulation-1According to the RAND Corporation, nearly 40 percent of US households experienced financial distress during the 2008 financial meltdown. Eight years on, the financial sector is now under more scrutiny than ever. The financial crisis of 2008 increased the importance of having intelligent regulatory frameworks. Government regulators have reacted through increased regulations, introducing numerous bills including Dodd-Frank, CCAR and BCBS 239 that require banks to greatly increase their transparency, among many other requirements. The recent case of Wells Fargo opening up roughly 1.5 million savings/checking accounts and 565,000 credit card accounts without their customers’ permission only adds to the distrust of the regulators. read more...

IT Audit: How to Be Prepared for Audit Requirements

Information System Audit: IT Audit Checklist

No one looks forward to an IT audit, but an audit is critical for exposing problems with data or procedures. An organization lives or dies based on the quality of its data and the orderly flow of that data. IT auditing is essential for verifying that an IT environment is healthy, that IT is aligned with business objectives, and that data integrity is always maintained. Information System audits can provide a great deal of useful advice, and with a little advance preparation an audit can be painless and efficient. read more...
Top