As the government shutdown continues and uncertainty abounds, firms may be at a greater risk.
This case study explains how a private equity firm utilized ACA's M&A diligence and advisory services to evaluate a potential partner’s IT systems, infrastructure, regulatory compliance, and resiliency.
Third-party risk management is rightfully a key priority for banking regulators like the Office of the Comptroller of the Currency (“OCC”). It should be considered as a material operational risk alongside business continuity, cybersecurity, and more. Some banks use thousands of vendors, including affiliates, to operate their businesses and deliver the solutions and convenience that the market demands. Every one of the many thousands of service providers a bank may use exposes them to different levels of risk - some of which can be serious and costly. This is why banking regulators are requiring strong, risk-based due diligence and ongoing monitoring before and after a third party is hired.
What are the top five cybersecurity trends your company should prepare for in 2019?
As of today, 3 January, the EU’s Markets in Financial Instruments Directive II (MiFID II) has been live for a year. However, firms – and the Financial Conduct Authority (FCA) – are continuing to encounter challenges around the implementation of this significant package of changes.
With the New Year upon us, what better time to reflect on an unforgettable year? The last 12 months have been a period of remarkable growth and transformation across ACA’s Performance Division.
Here are our top 10 most-viewed webcasts of 2018.
Technology is an essential weapon for financial services firms in the battle against anti-money laundering (AML). The Office of the Comptroller of the Currency (OCC) issued a joint statement with other regulators earlier this month encouraging financial institutions to try new and innovative ways of combating AML. Three types of technology – advanced analytics, software robots, and artificial intelligence (AI) – could help make it easier to detect and prevent money laundering, as well as comply with existing regulations and follow the guidance of this joint statement.
The ACA Spotlight Blog recently celebrated its first anniversary. Here are our top 10 most read blog posts from 2018.
The deadline of November 18, 2018, has now passed for the SFC FMCC. As with many regulatory change projects, implementation is no longer “the end” of the road, rather, it is a beginning of sorts. And so it is for Hong Kong’s fund management community and the new code of conduct. With the regulation now in force, there are a number of activities firms should undertake to ensure ongoing compliance with regulatory expectations.
While the financial institutions have the desire to improve the data quality and availability, data governance is often driven by external regulations to implement a program to ensure requirements outlined in DFS Part 504 regulation are met.
Performing third-party risk management (TPRM) on vendors is a complex, high-stakes process. So how do you decide what is the right solution for your company? Here are 5 key differences to help you determine whether process automation or process outsourcing is best for your company.
The UK’s Financial Conduct Authority (FCA) is increasing its focus on market abuse at buy-side firms with new publications, activities and potential enforcement actions, according to panellists at an ACA Compliance Group (Europe) briefing held in London in mid-November.
Regulatory mandates and pressure from investors are driving firms to implement new security policies which can be challenging for employees. Here's a set of key guidelines to minimize the impact and maximize the value of implementations for your employees.