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How Banks Can Prepare for the FDIC’s Proposed Standards

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

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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. Some are quick to conclude rising interest rates and COVID-driven disruptions are to blame.

Banking 98
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Looking Around the Corner: Why ESG Has Never Been More Important

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After the 2008 recession, people lost trust in large corporations. 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. What industry am I in?