Operational risk is the silent compounding factor in alternative asset management. When it’s well managed, investors rarely ...

The AICPA Auditing Standards Board (ASB) on Tuesday issued Statement on Auditing Standards (SAS) No. 149, a standard that introduces a risk-based approach to planning and performing a group audit. SAS ...

Learn how the Advanced Internal Rating-Based (AIRB) approach helps financial institutions internally assess credit risk using ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Regulators require that financial services companies take a risk-based approach (RBA) to maintain compliance, which can seem like a heavy burden on businesses in terms of costs, workforce and ...

Your approach to risk management and regulatory compliance is probably broken. Not because you don’t have capable people ...

Michael Hsu, acting director of the Office of the Comptroller of the Currency, said in a speech Tuesday that regulators are looking at issuing a rule to govern operational risk at the largest banks to ...

In June 2022, the AICPA’s Auditing Standards Board (ASB) and Accounting and Review Services Committee (ARSC) issued interrelated final standards on quality management intended to clarify and improve ...

“This is an industry first for visualizing and comprehending OT cyber security organizational risks in context," said Scott Plunkett, Senior Product Owner, Cyber Integrity. "PAS Cyber Integrity 7.3 ...

Airline safety comparisons often focus on outcomes, while regulators and operators assess safety performance through layered oversight, system maturity, and sustained risk management . Measuring ...