2016 Was an Eventful Year – This Is How We Covered It
As 2016 comes to a close, I want to look back on the events that made this year unique in ways both rewarding and challenging – and summarize the topics Protiviti professionals discussed, and our readers engaged with, here on The Protiviti View. Perhaps the most seminal events of 2016 with the biggest implications were […]
Four U.S. Regulatory Agencies Issue CECL FAQs – Here Is the Summary
Four U.S. regulatory agencies – the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and the Office of the Comptroller of the Currency (OCC) – have issued a set of frequently asked questions (FAQs) in an effort to assist banks and other […]
Fewer Oil Companies Are on the Edge of Bankruptcy — Is This Really Good News?
In this Industry Perspective series, we offer the views of Protiviti leaders on developments and news in specific industries. The perspective below focuses on Energy & Utilities. A recent update from Debtwire states that 135 oil companies headed for bankruptcy is good news compared to the 180 companies that were on the Debtwire list in […]
‘Tis the Season to Get Serious About Part 504
There is nothing unusual with a U.S. bank regulator issuing a consent order (CO) to a foreign banking organization for deficiencies in the organization’s anti-money laundering (AML) compliance program. However, a December 2016 New York Department of Financial Services (DFS) consent order with an European bank and its New York Branch warrants a second look. […]
Engaging the New Workforce: Talking to Millennials
Millennials, the ascendant demographic group of people who came of age in the early 2000s, will soon surpass baby boomers as the majority of the global workforce. This is not a trivial fact for employers. Without overstating a generational difference, it’s safe to say that millennials interact with information differently from previous generations. To connect […]
Brexit Raises Questions About Personal Data Protection
Not all border crossings are visible. The decision by the United Kingdom earlier this year to leave the European Union (EU) brings a basket of challenges and opportunities for the management and protection of personal data through cyber checkpoints, once the UK goes its own way. Personal data is a crown jewel of commerce, and […]
