article thumbnail

How Banks Can Prepare for the FDIC’s Proposed Standards

LogisManager

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
article thumbnail

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

LogisManager

Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. This role is important in corporate governance and complements the role of the Chief Risk Officer. Failing to implement an ERM program under these circumstances is negligence.

Banking 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

The industries Resolver serves include banking and financial services, healthcare and hospitals, insurance, academic institutions, critical infrastructure organizations, airports, utilities, hospitality, government, and more. Additionally, RSA Archer GRC provides multiple systems for the different needs of corporate governance.

article thumbnail

Why Buying SaaS GRC Software Is a Smart Investment

Reciprocity

But developing, implementing and maintaining a robust corporate governance, risk management and regulatory compliance program requires resources. Whether or not an organization implements a GRC solution to help, managing all the various factors and influences that affect modern business processes inevitably requires a GRC strategy.