Regulatory Relief Provides Flexibility, But Banks Should Consider Risk Management Effects
With the relief offered by the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act), signed by President Donald Trump on May 24, 2018, some small depository institutions and credit unions with consolidated total assets of less than $10 billion now have more flexibility to determine what is appropriate for their operations. At the […]
Top-Performing Environmental Health and Safety Programs Are an Integral Part of Improving Business Performance
Environmental health and safety (EHS) requirements continually change but rarely decline in number. Regulatory bodies continually refine existing standards, publish new rules and shift the focus of their enforcement activities to enforce new rules. A quick glance at the total inspections conducted by the U.S. Occupational Health and Safety Administration (OSHA) shows that unprogrammed inspections […]
Robotic Process Automation in Oil and Gas: An Overlooked Opportunity That Can Boost Profits Today
To survive and thrive in the years following the oil and gas price plummet of 2014, companies in the oil and gas industry excelled at finding ways to enhance efficiency, from slashing operational expenses to tightening procurement procedures and supply chain management. The emergence of big data and the Internet of Things as practical tools […]
Companies Must Commit to Mastering the Basics to Strengthen Their Cybersecurity Posture
The cyber threat landscape is highly complex and always evolving, and cybercriminals are becoming only more creative and sophisticated with their tactics. As explained in our 2018 Security Threat Report, companies today face a monumental challenge in trying to keep pace with these dynamics, safeguard their critical systems and data, and protect their employees, customers […]
Navigating Third-Party Approaches to Meet Finance Team Needs
Compliance deadlines, system upgrades and implementations, spikes in workload. Rapid growth, mergers and acquisitions, shifting business models, industry disruption. And on top of all of those business changes, many finance leaders are running lean organizations, as well. In a dynamic business environment, the leader of any business function will recognize that it’s difficult – if […]
Why Internal Auditors Must Care About Blockchain
Blockchain, the distributed-ledger technology created for cryptocurrency, has already established a foothold as a next-gen settlement/payments technology and is being considered for a wide range of applications, from supply chains to the Internet of Things (IoT). Protiviti has spent a considerable amount of time examining this disruptive technology from several angles. Of particular concern to […]
