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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. ” You can outsource the activity to the vendor but not the risk.

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Operational resilience has been top of mind for regulators and financial services firms for the past few years. Financial services firms are always the first to get the attention of regulators, but the push towards operational resilience extends far beyond FinServ. The 5 Pillars of the DORA.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum . It is critical to keep your eye on what regulators are pushing down the pipe. How Can Fusion Help? .