Remove Corporate Governance Remove Insurance Remove Management
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

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

LogisManager

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. I predict by next year they too will conclude that it was a failure in risk management.

Banking 98
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is COBIT? COBIT Explained

BMC

IT management abounds with best practice frameworks. These frameworks offer philosophies and tangible paths forward to improve cost and resource management, measure risk, speed up customer service, and innovate analysis through predictive methods. Aids in managing and maintaining IT-related risk. What is COBIT in simple terms?

Audit 52
article thumbnail

The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

The Best Governance, Risk, and Compliance Software. Description: Apptega is a cybersecurity and compliance management platform that makes it easy for users to access, build, manage, and report their cybersecurity and compliance programs. Fusion Risk Management. Platform: Resolver IT Risk Management. Navex Global.

article thumbnail

The Relationship Between Internal Controls and Internal Audits

Reciprocity

It unpacks the differences between them and explores how they work together to help organizations manage risk, operate efficiently, and assure business continuity. A system of internal controls is usually directed by senior management and the board of directors. Risk assessments provide a basis for risk management and mitigation.

Audit 52
article thumbnail

The Relationship Between Internal Controls and Internal Audits

Reciprocity

It unpacks the differences between them and explores how they work together to help organizations manage risk, operate efficiently, and assure business continuity. A system of internal controls is usually directed by senior management and the board of directors. Risk assessments provide a basis for risk management and mitigation.

Audit 52
article thumbnail

What is COBIT? COBIT Explained

BMC

IT management abounds with best practice frameworks. These frameworks offer philosophies and tangible paths forward to improve cost and resource management, measure risk, speed up customer service, and innovate analysis through predictive methods. Aids in managing and maintaining IT-related risk. What is COBIT in simple terms?

Audit 52