Remove 2023 Remove Activation Remove Corporate Governance
article thumbnail

How Banks Can Prepare for the FDIC’s Proposed Standards

LogisManager

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.

Banking 98
article thumbnail

What is the Three Lines of Defense Approach to Risk Management?

LogisManager

Last Updated: October 31, 2023 Recently, the FDIC unveiled new standards for financial institutions with over $10 billion in assets. The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Empowering Strategic Decision-Making with Real-Time Risk Dashboards

LogisManager

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

article thumbnail

Empowering Strategic Decision-Making with Real-Time Risk Dashboards

LogisManager

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

article thumbnail

What is the Three Lines of Defense Approach to Risk Management?

LogisManager

Last Updated: October 31, 2023 Recently, the FDIC unveiled new standards for financial institutions with over $10 billion in assets. The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model.

article thumbnail

Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

Strategic 105
article thumbnail

Failure in Risk Management: The Turbulent Times of Boeing Airlines

LogisManager

The records in question are documentation of steps on the assembly line last fall when National Transportation Safety Board investigators believe Boeing employees removed critical bolts that hold the plug in place but did not reinstall the bolts before the plane left the Boeing factory in October 2023.