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GARP Resources Archive

Displaying 39 results

Event

GARP 2025 Financial Risk Symposium

March 6, 2025

With today’s ongoing geopolitical tensions, macroeconomic uncertainty, and rapid advancements in technology, it’s clear the role of the risk ...

Regulation & Compliance | Financial Markets | Risks & Risk Factors | Innovation | Model Risk | Geopolitical
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Article

Privacy Can Be the Compass for Banks’ AI Governance Efforts

December 20, 2024

Prior experience offers guideposts for navigating uncharted regulatory waters.

Regulation & Compliance
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Article Members Only

TD Bank’s $3 Billion Hit: Have We Reached Peak AML?

December 13, 2024

Does the Canadian-owned bank’s severe punishment signify that anti-money laundering enforcement is working well and fit for purpose? Or is the system ...

Regulation & Compliance | AML & Fraud
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Article

States of Confusion: Despite Much Discussion – and Hundreds of Legislative Proposals – AI Policy Lacks Clarity

November 27, 2024

Regulatory risk and uncertainty complicate the planning and implementation of high-priority technology initiatives.

Regulation & Compliance
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Article

The Fallout from Political Elections for Central Banks

November 22, 2024

The global map of political leaders has been completely reshaped over the past year. Could this overhaul threaten the independence of central banks?

Regulation & Compliance
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Article

Conquering Cross-Border Complexity with Effective Risk Management

November 8, 2024

In a fragmented global economy, compliance with local rules and regulations is key to managing risk when expanding across borders.

Regulation & Compliance
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Article

A Swing Pricing Rule Was Highly Anticipated, but the SEC Left It Hanging

October 18, 2024

The regulator did not tip its hand on the controversial mutual fund requirement, but a re-proposal is possible next year.

Regulation & Compliance
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Article

The ECB’s Fresh Approach for Improving Culture and Risk Governance at European Banks

October 11, 2024

Traditionally, when providing guidance on risks related to culture and governance, regulators have emphasized positive attributes that banks should ...

Regulation & Compliance
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Article

Don’t Be Deceived About ESG Sentiment. Companies Must Up Their Compliance Game.

August 9, 2024

Laws have differences and nuances, but all require a rethinking of risk management and compliance strategies.

Regulation & Compliance
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Article

Is the ‘Too Big to Fail’ Designation Too Constricting?

July 26, 2024

Business and technology interdependencies – like those exposed in the CrowdStrike-Microsoft breakdown – have financial regulators considering a more ...

Regulation & Compliance
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Article

Short-Selling and Securities-Lending Rules Meet Legal Resistance

July 12, 2024

The SEC says it is fulfilling Dodd-Frank transparency mandates. Alternative fund groups allege that they are flawed and arbitrary.

Regulation & Compliance
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Article

AI Regulation by Geography: How Jurisdictional Differences Have Emerged

July 12, 2024

Whether the varied approaches and emphases are seen as confusing or as healthy experimentation, financial firms must take their compliance ...

Regulation & Compliance
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Article

Are Board Risk Committees Up to the Task of Overseeing Large, Complex Banks?

June 21, 2024

Big banks today boast board risk committees, but the members of those committees often lack the risk expertise needed to ask tough questions on ...

Regulation & Compliance
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Article

Is the Three Lines of Defense Paradigm Dead?

May 24, 2024

A three-pronged approach to risk management has been widely employed by the financial services industry for the past 10 years. This model, however, ...

Conduct & Ethics | Regulation & Compliance
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Webcast

The Intersection of Compliance and Resilience

April 9, 2024

Sponsored by Fusion Risk Management Operational resilience is top of mind at both global regulators and financial services firms. Whether you are a ...

Investment Management | Third Party Risk | Regulation & Compliance | Innovation
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Article

In the SEC's Cyber Disclosure Rules, Timing Is a Sticking Point

March 8, 2024

Risk and operational concerns center on a four-day reporting deadline, while other principles and objectives are less contested.

Regulation & Compliance
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Article

California Law, Following Europe, Introduces a New Privacy Rights Wrinkle

February 23, 2024

Tips to avoid the emerging risks of “dark patterns” and preserve informed consent through customer interfaces.

Regulation & Compliance
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Article

The Corporate Transparency Act Puts Spotlight on Beneficial Ownership Information

February 16, 2024

New AML-related compliance burdens fall on business entities and banks; “disclosing of essential information for the greater good” of corporate and ...

Regulation & Compliance
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Article

Financial Firms Pay Steep Price for WhatsApp and Other 'Off-Channel' Messaging

December 15, 2023

Will upwards of $2 billion in regulatory penalties deter further violations of communication-retention rules? Solutions may require attention to ...

Regulation & Compliance
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Article

Redefining Financial Stability: Pros and Cons of New Regulatory Proposals

November 22, 2023

The Basel III Endgame and the Fundamental Review of the Trading Book are among the upcoming regulations that have unique limitations and advantages.

Regulation & Compliance
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Article

How to Reduce Bank Failures: A Novel Approach

October 13, 2023

Poor risk governance, culture and infrastructure have been responsible for many financial meltdowns, including this year’s SVB and Signature Bank ...

Regulation & Compliance
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Article

SVB and Signature Bank Fallout: Why We Need a Different Approach to Regional Bank Regulation and Risk Management

September 8, 2023

Regulators seem to once again be focused on increasing capital and liquidity requirements for banks of a certain size in response to recent fiascoes ...

Regulation & Compliance
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Article

Insurance Regulation Could Stymie Financing for Risky Companies

August 18, 2023

Opponents say a higher capital charge will affect availability and returns on collateralized loan obligations

Regulation & Compliance
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Article

After the Reports and Recriminations, What Is Left to Learn About the 2023 Bank Failures?

June 16, 2023

Lawmakers, academics and others have unanswered questions. A Federal Reserve governor, for one, calls for further inquiries.

Regulation & Compliance
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Article

The Fed’s Report on Silicon Valley Bank: Key Risk Takeaways

June 9, 2023

There was plenty of blame to go around for the demise of SVB, but regulatory findings show that banks require more proactive boards and need to ...

Regulation & Compliance
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Article

The Three Rs of Regulatory Response to Recent Bank Failures

June 2, 2023

Assumptions about financial stability and customer behavior must be reassessed, and technology infrastructure modernized

Regulation & Compliance
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Article

Financial Crime and Compliance: Responsibility Is Not Just on Banks

April 21, 2023

Lawyers, accountants and other “gatekeepers” must also be accountable

Regulation & Compliance
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Article

$2 Billion and Counting: The Rise of E-Communications Fines – and How They Can Be Avoided

March 10, 2023

For banks slow to react to the risks, surveillance and control solutions are in reach

Regulation & Compliance
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Article

Under the Hood: Evaluating the Basel Committee’s Self-Analysis of Basel III

January 27, 2023

A new BCBS report states that Basel III reforms have yielded stronger, more resilient banks without any negative side effects. But the analysis ...

Regulation & Compliance
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Article

Cryptos at the Banking Gate: Too Close for Comfort?

December 16, 2022

FTX’s implosion and related fallout have ratcheted up concerns about systemic risk and contagion

Regulation & Compliance
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Article

Regulators and Innovation: A Reconsideration

December 2, 2022

Financial regulation at its best adapts dynamically to changing market conditions and emerging issues. Technology is posing a crucial test.

Regulation & Compliance
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Article

Risk and Compliance Disruptors: Innovative Startups Specialize in Automation and Acceleration

November 4, 2022

Entrepreneur-led Themis reinvents workflows; Debbie helps with debt management; Cable combats financial crime

Regulation & Compliance
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Article

Asset Managers Who Prepare for Increased Transparency on DEI May See Big Returns

October 14, 2022

Getting out ahead of mandatory standards can bring organizational improvements and boost assets under management

Regulation & Compliance
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Article

SEC Penalizes a Chief Compliance Officer, Putting Spotlight on Personal Liability

September 16, 2022

CCOs and other executives await regulatory clarity on potential financial exposure

Regulation & Compliance
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White Paper

Calculating the Regulatory Surcharge for US G-SIBs

August 4, 2022

To ensure that they are fully prepared for future crises, global systemically important banks (G-SIBs) must hold extra levels of regulatory capital. ...

Regulation & Compliance
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Article

U.S. Law and Global Challenges Reshape AML Compliance

June 3, 2022

Regulation & Compliance
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Article

FASB Update Facilitates Hedging of Fixed-Income Risk

May 27, 2022

New guidance is well timed for rising interest rates

Regulation & Compliance
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Article

Anchorage Digital Bank Found Deficient in Anti-Money Laundering Compliance

May 13, 2022

Regulation & Compliance
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Podcast

Basel IV and the Future of Regulation

February 10, 2020

Today we speak with Luis Jesus - Global Solution Lead, Regulatory Capital Management, Risk Research and Quantitative Solutions Division, SAS and Luís ...

Regulation & Compliance
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