Compliance Insights

Reframing Regulatory Change: Adapting to Win

Why it matters: Regulatory change in the financial industry is constant. Financial institutions stand to benefit in multiple ways if they decide to be proactive.

Big picture: Regulations continue to expand in number and scope, driven by a variety of sources. As a result, the industry must deal with regulatory change on an ongoing basis. Some companies take an ‘adapting to win’ approach, which benefits not just how they manage regulations (and regulators) but their systems, controls and processes.

Call to action: We itemize a list of steps for preparing and addressing change, including impact assessment frameworks, implementation strategies, change management procedures, and more.

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Upcoming Value of Compliance Webinar

Warning, More Change Ahead: Perspectives on an Increasingly Dynamic Consumer Compliance Landscape

October 23, 2024  |  1p.m. ET

Join us in our upcoming webinar as we delve into emerging consumer compliance risks, discuss upcoming regulatory changes, and explore potential impacts of the U.S. presidential election on the current regulatory landscape in the financial services industry. Amidst increasing regulatory scrutiny and an ever-evolving landscape, this is a crucial opportunity to gain insights into recent supervisory trends and enforcement actions.

Register now to stay informed and prepare for a potentially turbulent year ahead.

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In Case You Missed It

The world is changing fast. We bring global perspectives from our risk and compliance experts to help you navigate risks in an agile manner, enhance your risk management and compliance capabilities, and promote success and innovation in your organization. Check out some of our recent publications below.

US Supreme Court reshapes the regulatory landscape

The U.S. Supreme Court recently issued three landmark decisions that significantly alter the regulatory landscape. These transformative rulings shift power from the executive to judicial branches and are expected to impact industries such as financial services, technology, and energy. Discover how these changes could influence rulemaking and regulatory interpretations by reading more.

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DORA Compliance: Untangling Key Hurdles to Implementation

Understanding the full implications of and aligning with the Digital Operational Resilience Act (DORA)—with compliance expected by January 17, 2025—has been challenging for many financial institutions. Learn more about the industry’s key concerns.

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Risky Women Radio | Risk Management With Purpose

Embark on an enlightening journey with Ghislaine Entwisle and Gloria Yuen in our recent episode of the Risky Women podcast. Their dialogue explores the importance of embracing change, illuminates how risk professionals shape our dynamic landscape and reveals how technology propels compliance functions. Further enriching this conversation are Gloria's inspiring career experiences, her fervor for risk management and her dedication to promoting inclusion within marginalized communities.

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Risky Women Radio | Women in Risk Management: Challenges and Opportunities

Discover the frontiers of financial risk management in an enthralling episode of Protiviti's Risky Women podcast. Featuring insights from industry mavens Jenny Wong and Gayle Lacey, this dialogue navigates through the complex terrain of 2024’s top risks — from economic upheavals to cyber threats. Engage with their incisive take on harmonizing innovation with stringent ESG standards and AI’s burgeoning influence on risk tactics. Plus, Gayle shares her visionary outlook for thriving as a future CRO.

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Insights on the Global Compliance Landscape

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