Observations
Sep 06, 2024According to KPMG's new "Future of Risk" report, executives increasingly see AI adoption as a critical new capability for improving risk management.
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.
