Remove Corporate Governance Remove Document Remove Mitigation
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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. The first line of defense, typically the business units, can use the software to conduct risk assessments, document risks, and develop mitigation plans.

Banking 98
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Strengthen Your Cybersecurity with LogicManager’s Latest Additions

LogisManager

By aligning with these practices, they not only improve their corporate governance approach beyond the minimum requirements but also enhance the overall company performance. The emergence of AI-associated risks necessitates new approaches, controls, policies, and technologies to mitigate them effectively.

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Building an Effective Board Governance Committee: Everything You Need to Know

LogisManager

Building an Effective Board Governance Committee: Everything You Need to Know Last Updated: June 4, 2024 Your company relies on its board of directors to ensure high profitability and a good public reputation, and effective corporate governance is essential for supporting those goals. Many governance committees meet quarterly.

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The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

Additionally, users can integrate their risk management programs, including the identification, assessment, response, mitigation, and monitoring in a highly visual and intuitive way. The platform offers a GRC virtual assistant that can translate documents across over 50 languages and offer 24/7 support. Platform: Enablon.

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Why Company Culture is the Most Overlooked Business Risk in 2025

LogisManager

From fiduciary duties to SEC risk disclosure rules, businesses are under increasing pressure to ensure they are not only monitoring financial and operational risks but also fostering a company culture that mitigates reputational, compliance, and ESG-related risks. The Price of a Broken Culture Consider Boeing.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. This role is important in corporate governance and complements the role of the Chief Risk Officer. This mitigated the risk of losing money if the collection agency went bankrupt.

Banking 98
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What Are Barriers in Risk Management?

Reciprocity

Training and supervision are also risk management and mitigation activities. Successful firms integrate regulatory compliance into their ERM program to maximize the benefits of risk assessments and compliance requirements for risk avoidance and mitigation. Procedures are revision-controlled and easy to find in the document repository.