Bernadine Reese

Oct 24, 2024 | protiviti.com | Carol Beaumier |Bernadine Reese |Mike Purvis

Regulatory change is endemic to the financial services industry. Whether prompted by industry crises, political and legislative goals, customer needs or demands, world events, or technological innovation, the changes keep coming and seem more far-reaching and complex than ever. Financial institutions can choose the way they manage regulatory change.

Nov 29, 2023 | protiviti.com | Carol Beaumier |Bernadine Reese

IndustriesBanking & Capital MarketsPaymentsAsset & Wealth Management ExternalStill TrendingNew in 20241. Artificial Intelligence (AI)ü2. Consumer Outcomesü3. Operational Resilienceü4. Conduct and Culture ü5. Sanctionsü6. Supply Chainü7. Crypto Falloutü8. Convergence of Financial Crimeü9. ESGüInternal10. Compliance Risk Assessment ü11. Horizon Scanningü12. Risk in Changeü13. Digital Riskü14. Compliance Monitoring and Assuranceü15. ResourcingüWe have expanded our list this year from 10 to 15 priorities.

Oct 16, 2023 | protiviti.com | Carol Beaumier |Bernadine Reese

Financial institutions will, on balance, welcome the greater use of SupTech for market monitoring, supervision and regulatory risk analysis, as well as to enable efficient regulation. Once implemented, SupTech will allow regulators to increase their supervisory focus on key and emerging risks, act proactively, and introduce required regulatory changes in a timely manner. It should also allow regulators to manage the cost of regulation and react quickly to changes in the market.