Archive - September 2019

Leaders in Audit: How the Financial Services Industry Is Applying Next Gen Audit Practices

The innovation economy is transforming businesses. Innovation is changing the products, services and solutions businesses deliver as well as the way they deliver those services. This innovation transformation also drives changes in the risk to these...

The New Tech Balance — Innovation, Talent and Responsibility

The world’s enthusiasm for tech companies is at a turning point, and we shouldn’t be surprised. For an industry that has grown dramatically by capturing personal data and being an integral part of our lives, it was only a matter of time until tech...

Hong Kong Rated “Compliant” by Financial Action Task Force but Room for Improvement Remains

The latest Financial Action Task Force (FATF) Hong Kong Mutual Evaluation Report, the fifth Hong Kong has undergone, was released on 4 September 2019. As we anticipated in July, Hong Kong was rated “compliant and with a substantial level of...

Internal Auditing Around the World, Volume 15: Dawn of the Audit Bots

As companies transform into next-generation competitors, internal audit (IA) functions are working on their next-gen game as well. Protiviti’s latest edition of Internal Auditing Around the World, Volume 15, looks at ways IA departments around the...

It’s Time for a Closer Look at Consumer Loan Monitoring: Here Are Some Best Practices

With aggregate household debt climbing the last 24 consecutive quarters to a record $13.5 trillion and the increasing likelihood of a softening economy, financial institutions should reassess the risk management practices in place for consumer...