Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Newsletter December 19, 2024 Compliance Insights As we enter the new year, the financial services industry once again faces compliance risks that are increasingly diverse and complex. For 2025 we asked a larger-than-usual group of Protiviti colleagues across the globe to help identify the most pressing compliance issues in their market. Artificial intelligence, financial crime, privacy and security, operational resilience, third party risk… Whitepaper August 1, 2022 Protecting the Enterprise: How a Well-Designed Security Analytics Programme Can Help The purpose of security analytics in an organisation Security metrics and the analysis of security information can be challenging concepts even for leading organisations. As information security professionals, most of us have been taught that in order to have a mature information security function we must both document and measure the organisation’s security capabilities. If policies are the… Blogs April 6, 2023 ChatGPT, the Rise of Generative AI and What’s Next Over the last few months, both business and technology worlds alike have been abuzz about ChatGPT, and more than a few leaders are wondering what this AI advancement means for their organisations. Let’s explore ChatGPT, generative AI in general, how leaders might expect the generative AI story to change over the coming months and how businesses can stay prepared for what’s new now – and what may… Whitepaper March 21, 2023 Mitigating crypto sanctions evasion risk in financial institutions The Financial Action Task Force (FATF) has long warned that criminals leverage virtual assets not only for predicate or money-laundering offenses but also to evade financial sanctions and raise funds to support terrorism. Even so, the number of recent headlines about criminal activity and sanctions evasion in the crypto industry is alarming. Cryptocurrency-based crime hit an all-time high of $20.… Survey March 27, 2023 Industry Experience With Remote Branch Inspections Beginning in 2020, the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and several states provided temporary relief from the operational challenges of conducting on-site branch inspections during the pandemic, allowing firms to utilise technology to fulfill their inspection obligations remotely. Now, FINRA has proposed a voluntary, three-year remote… Blogs July 31, 2023 Cyber risk quantification for chaos management The most important use of any risk assessment tool is that it must contribute to better decision making on how to manage individual risks. Whether that is treating and reducing risk, or accepting that risk exists, risk management activities must ultimately help management make better decisions. Executives and risk management leaders, though, are increasingly faced with risk decisions they have… Whitepaper March 24, 2023 Collaboration: The key to better management of cybercrime and financial crime By Carol Beaumier and Bernadine Reese Sharing information and lessons learned has become increasingly critical for the effective management of cybercrime and related financial crime. This need requires financial institutions to rethink how they have historically managed these risks. Whitepaper June 27, 2023 What Role Should Compliance Play in ESG? By Bernadine Reese and Jackie Sanz Regulators and many other stakeholders are intently focused on how financial institutions address environmental, social and governance (ESG) matters. Within financial institutions, boards of directors, executive management and much of the C-suite are weighing in on the ESG strategy and approach. Chief compliance officers (CCOs), though, have been remarkedly… Podcast May 3, 2021 Protiviti Risk & Compliance Podcast – Prepping for a monitor visit or regulatory review Welcome to our monthly Risk & Compliance podcast where this month we're catching up with Henry Yu, head of financial crime for the APAC region at Natixis to discuss best practices when it comes to planning for a monitor visit or regulatory review. Blogs June 5, 2020 Hong Kong Monetary Authority - Bank Culture Reform On 19 December 2018, the Hong Kong Monetary Authority (HKMA) issued a circular titled “Supervision for Bank Culture” which provided further guidance to its original 2 March 2017 “Bank Culture Reform” guidance. The new guidance introduced supervisory measures to Authorized Institutions (AIs), including self-assessments and site visits. The HKMA commenced a self-assessment exercise under the new… Load More
