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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. Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy.

Banking 98

Banking Corporate Governance Audit Risk Management 98

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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. Failing to implement an ERM program under these circumstances is negligence.

Banking 98

Banking Risk Management Management Corporate Governance 98

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OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes business units, departments, and individuals directly responsible for managing and executing processes and activities that generate risk.

Risk Management 105

Risk Management Audit Management Banking 105

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OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. This includes business units, departments, and individuals directly responsible for managing and executing processes and activities that generate risk.

Risk Management 52

Risk Management Audit Management Banking 52

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JUNE 24, 2021

People who skip over this step often miss the mark on execution, or inaccurately assume that ESG is either all about the environment, all about social justice or all about corporate governance. From there, consider the environmental, social and governance impacts on your research initiatives. But what if you’re a bank?

Government 59

Government Banking Pandemic Risk Management 59