ACA Spotlight Blog

GRC Spotlight Blog

Governance, risk, and technology insights from ACA's experienced team

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UK Self-Assessment: post-submission challenges
February 14, 2019

The 2017/18 UK tax return deadline has now passed, but did you know there are a range of post-submission challenges that may impact you - some of which you may not be aware of? These include, Disappearing Payments on Account, Delays in Processing Amended Tax Returns, Ongoing Class 2 National Insurance Problems and Scams. Our personal tax specialist, Paul Webster, provides guidance on how to address these challenges.

Technology and AML
February 13, 2019

Analytical segmentation modeling (ASM) is one way to design an effective AML monitoring strategy through the development of a quality model to achieve segmentation. ASM involves combining customer or bank accounts with similar properties and transaction behavior to make it easy for banks to formulate risk signals based on their various classes of customers. This model sets threshold levels for the segments monitored by identifying patterns based on the groups of similar customers and/or accounts.

6 ways to stay head of regulators with RegTech
February 6, 2019

Regulators globally continue to invest in developing their technological capabilities to quickly and efficiently manage data, and they expect investment firms to do the same. In this blog post, ACA's Burt Esrig and Michael Lehman discuss what you need to know and how regulatory technology solutions can help.

January 31, 2019

Tax season is a prime time for identify theft. Find out how you can avoid common tax scams.

January 30, 2019

Is your firm prepared for the SEC's new cyber focus areas for 2019? Find out what your firm needs to know, and what you can do to prepare.

ACA Aponix Case Study
January 22, 2019

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.

CCO Support
January 18, 2019

As the government shutdown continues and uncertainty abounds, firms may be at a greater risk.

Potential Risks for Banks Using Third-Party Broker-Dealers
January 7, 2019

Third-party risk management is a key priority for banking regulators like the Office of the Comptroller of the Currency (“OCC”). 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. Roy Kim explains what you need to know.

5 Cybersecurity Trends to Watch Out for in 2019
January 4, 2019

What are the top five cybersecurity trends your company should prepare for in 2019?

One year on: MiFID II continues to challenge
January 3, 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.

December 27, 2018

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.

ACA top 10 webcasts of 2018
December 21, 2018

Here are our top 10 most-viewed webcasts of 2018.

Technology and AML
December 20, 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.

ACA's Top 10 Blog posts of 2018
December 20, 2018

The ACA Spotlight Blog recently celebrated its first anniversary. Here are our top 10 most read blog posts from 2018.