Risk

A sign reminding people to social distance stands at Louis Armstrong Park in New Orleans, Louisiana, U.S., on Wednesday, July 15, 2020. Many places that suffered most in the first wave of coronavirus infections including Louisiana are seeing case counts climb again after months of declines. Photographer: Sophia Germer/Bloomberg
Kimberly Ellison-Taylor
October 22, 2020 3:01 PM

Within corporate environments, accountants are essential team members when it comes to governance, risk and compliance, especially during the pandemic.

5 Min Read
Distressed businesses.
Neil Haggerty
August 23, 2020 9:00 PM

The Federal Reserve could ease capital rules, foster the creation of special-purpose banks and take other steps to strengthen minority communities and businesses without legislation being sought in Congress — if it has the will to do so, experts say.

7 Min Read
A sign advising of social distancing measures in place stands on display at the entrance to a Pick n Pay Stores Ltd. supermarket in Johannesburg, South Africa, on Monday, May 11, 2020.
Kimberly Ellison-Taylor
July 29, 2020 10:43 AM

With economic uncertainty, a pandemic, and concerns around race and equity topping daily headlines, existing initiatives to transform and innovate across people, processes and technology have become more amplified.

6 Min Read
Federal Reserve building
Sean Campbell
July 15, 2020 11:20 AM

Some criticized the Fed’s decision to temporarily lift capital restrictions for megabanks, but the move will help ease the crisis.

4 Min Read
Institute of Internal Auditors headquarters in Florida
Michael Cohn
July 8, 2020 2:54 PM

The Institute of Internal Auditors and the International Federation of Accountants are calling on audit committees to be vigilant about risk management, performance, controls and processes during the COVID-19 pandemic.

2 Min Read
TD bank branch door
John Adams
June 25, 2020 11:00 AM

Brick-and-mortar merchants that have shifted to online have changed their risk profile, causing conflicts with the fintechs like Square that handle their payments. And that could be an opportunity for banks.

3 Min Read
past-due-bill-5934414-adobe.jpeg

Borrower relief is necessary in a national emergency, but if the exclusion of the deferred loans from troubled-debt restructurings is extended past the end of the year, safety and soundness could be compromised.

4 Min Read
An open book sitting on a grassy sand dune on a beach.
Christopher D. Armstrong
June 24, 2020 10:41 AM

Business continuity plans should be used constantly, not just when the crisis is at its peak, says the New York Fed’s head of financial services.

3 Min Read
AT-051420-Coronavirus - firm responses GRAPH
Brian Christensen
June 23, 2020 11:57 AM

The pandemic is introducing changes — potentially significant ones — to the SOX compliance process.

7 Min Read
Office of the Comptroller of the Currency
OCC
Brian P. Brooks
June 11, 2020 9:43 AM

The acting head of the agency says it cannot continue relying on web-based exams put in place during the coronavirus and will start sending staff into banks.

4 Min Read