Regulators are focusing on how culture & conduct risk can be operationalized and how financial institutions can audit their risk and evidence their successes.
Thoughts
Mar 30, 2023We are excited to announce the release of Renal Failure, the third in our Deeper Dive series of reports. Just as the kidneys flush out toxins in the human body, the accounting profession, and audit firms specifically, are responsible for catching and removing inaccurate or inappropriate data from financial statements. When either fails, the results can be catastrophic.
Observations
Jan 12, 2023The NY Fed recently released the latest season of its podcast, "Bank Notes." The three-episode series features interviews with industry and thought leaders who dive into how trust, technology, and the dynamics of the hybrid workplace affect the norms and mindsets that make up organizational culture.
