LogisManager

OCTOBER 19, 2023

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. Internal Audit and Assurance: For the third line of defense, LogicManager can be used to facilitate internal audit processes.

Banking 98

Banking Corporate Governance Audit Risk Management 98

LogisManager

OCTOBER 31, 2023

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.

Risk Management 105

Risk Management Audit Management Banking 105

LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. A SOC2 audit only covers a limited subset of the product part of a company.

Banking 98

Banking Risk Management Management Corporate Governance 98

LogisManager

OCTOBER 31, 2023

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.

Risk Management 52

Risk Management Audit Management Banking 52

LogisManager

MARCH 14, 2024

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.

Airlines 59

Airlines Risk Management Management Transportation 59