Key Issues and Impacts from Notable Enforcement Actions by U.S. Regulators in 2024
This article explores three notable U.S. enforcement actions of 2024 and the key issues and impacts those enforcement actions impart, as we look to 2025 and beyond.
In October 2024,...Read more
Parallels and Compliance Lessons Arising from the 2023 Collapses of Silicon Valley Bank, Signature Bank, Silvergate Capital, and Credit Suisse
In March 2023, the banking world experienced a series of shocks as three large regional banks in the United States and international giant Credit Suisse collapsed. It began on Wednesday,...Read more
Independence of the Compliance Function & What Makes a Compliance Officer Successful
This article addresses the question of why the Compliance Function in financial services firms, including banks, needs to be independent, and the factors that can contribute to such independence. “‘Independent’...Read more