Observations
Jan 31, 2025Late last year, EY published its 2024 Global Corporate Reporting Survey, which found that 96% of finance leaders were concerned about the integrity and reliability of nonfinancial data, and pointed to the promise of AI in restoring trust to corporate reporting.
Compendium
Jun 11, 2024US regulators are expanding their oversight to include fintechs and non-traditional financial firms. The Federal Reserve scrutinized fintech partnerships and the OCC is tightening third-party risk governance. Regulatory bodies are also focusing on operational resilience and the adoption of AI in the financial sector. These measures aim to enhance financial stability and transparency, addressing conduct risk and governance risk in the evolving financial landscape.
