Edition:
International

Henry Engler

OCC bank supervision plan for 2022 focuses on COVID impact, operational and compliance functions

Oct 25 2021

NEW YORK(Thomson Reuters Regulatory Intelligence) - The Office of the Comptroller of Currency in its bank supervisory objectives for fiscal year 2022 emphasized the impact of the COVID-19 pandemic on the financial health of banks and their operational and compliance functions. The planning guidance for examiners also included the transition from LIBOR, fintech and crypto assets and climate risk among other areas of focus.

Behavioral-risk management an evolving, complex journey as practice spreads at big banks

Oct 01 2021

NEW YORK(Thomson Reuters Regulatory Intelligence) - How large banks identify behavioral risk varies considerably. Methods range from seeking patterns amid troves of data from past internal investigations, to pinpointing trouble sports through employee surveys and observations of management and staff interactions. But when it comes to mitigating such risks, all agree that there are no silver bullets. Behavioral risk is a complex, hard-to-measure problem that requires a multidisciplinary approach drawing on tools and disciplines outside of finance.

U.S. regulators seen developing ‘green taxonomy’ to provide guidance to financial firms

Jul 14 2021

NEW YORK(Thomson Reuters Regulatory Intelligence) - Giving financial firms a common taxonomy and framework for managing their climate risk exposures is seen as one of the first coordinated actions by U.S. financial regulators, say experts, with efforts by the European Union possibly serving as a model to future regulation.

INTERVIEW: EU lead on climate risks positions BNP Paribas for U.S. regulation – chief sustainability officer

Jun 17 2021

NEW YORK(Thomson Reuters Regulatory Intelligence) - Engagement with EU financial regulators who are taking a lead on climate risks and related disclosure issues has prepared BNP Paribas well for any new regulations to emerge in United States, the bank’s chief sustainability officer for the Americas said.

Corporate diversity, inclusion needs focus on middle management, influential employees - NY Fed webinar

Mar 09 2021

NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel

INTERVIEW-Novartis applies behavioral science to code of ethics, unearthing biases and compliance gaps

Nov 10 2020

NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel

Despite JPMorgan’s record spoofing fine, deterrence questions remain

Oct 13 2020

NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel

U.S. Federal Reserve caps dividend payments on largest banks amid uncertain economic outlook

Jul 01 2020

NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel

U.S. social unrest presents opportunities for firms to enhance ESG credentials, bolster ties with other stakeholders

Jun 09 2020

NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel

INTERVIEW: ING’s behavioural risk team seeks to uncover ‘invisible drivers’ of risky behaviour

Jan 13 2020

New York (Thomson Reuters Regulatory Intelligence) - Many large financial organizations continue to struggle with misconduct and efforts to improve their internal cultures. In a recent interview with Regulatory Intelligence, Mirea Raaijmakers, head of ING's Behavioural Risk Management (BRM) team, explained how her group attempts to uncover behavioural patterns within the institution that could potentially put the firm at risk. Before joining ING in 2017, Raaijmakers, a trained organizational psychologist, supervised behaviour and culture at the Dutch central bank (DNB) and is a thought leader in this area.

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