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Empowering Credit Unions: Insights and Actions for NCUA’s 2023 Supervisory Priorities

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The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Easily organize and analyze data to prioritize resource allocation and address OCC and regulatory risk categories.

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Empowering Credit Unions: Insights and Actions for NCUA’s 2023 Supervisory Priorities

LogisManager

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. Easily organize and analyze data to prioritize resource allocation and address OCC and regulatory risk categories.

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A Guide to RCSA

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Inspire continuous improvement: The ultimate goal of RCSA is to help businesses continuously refine and enhance their processes to mitigate risks and support growth. Regularly addressing risks is an effective way to ensure your controls benefit your operation.

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What Is Reputational Risk For Banks?

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That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

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5 Steps towards an Actionable Risk Appetite

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Conducting a gap analysis with a risk tolerance level will help you identify emerging risks before they rise out of tolerance and it becomes clear that certain mitigation activities are no longer sufficient. By formalizing tolerances, risk managers clearly communicate a risk/reward tradeoff.

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What Is ESG? [Complete Guide]

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Let’s take a look at each of the 3 ESG considerations and dive into what exactly they entail: Environmental criteria evaluate how strongly a business acts as a steward of the environment. Did you know that having a strong Enterprise Risk Management (ERM) program in place helps you inherently satisfy ESG requirements and ESG factors?

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How to Report On ESG

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Investors look at companies’ ESG reporting to determine if they are an organization that upholds strong values, is prepared for future challenges like climate change, and is dedicated to continually improving. FREE DOWNLOAD: ESG CHECKLIST. Download Now How do Companies Report on ESG? Related Post: What Is ESG?