The Securities and Exchange Commission (SEC) has been making headlines with a record-breaking year for enforcement in 2022. The SEC reported that it filed 760 enforcement actions and imposed $6.4 billion in penalties and disgorgement (the return of wrongfully obtained money), the highest amount recorded for a single fiscal year in the agency’s history. (more…)
The January Regulatory Compliance Briefing includes a recap of December's five finalized changes by the CFPB and FRB and dozens of other compliance alerts and advisories to be aware of this month. Learn more about January's regulatory compliance changes below. (more…)
The ability to manage risk and compliance remains top of mind for financial services organizations, according to the annual Regulatory & Risk Management Indicator survey conducted by Wolters Kluwer. The survey of banks, credit unions, and mortgage companies takes a pulse on institutions’ regulatory and risk concerns, impacts, and current management practices. Top Concerns for Financial Services Sector Compliance The “ability to manage regulatory change in an effective and compliant manner” emerged as the primary challenge…
Best of the Quantivate Blog Revisit our most-read posts of the year in this roundup of risk and compliance insights and best practices. As your organization prepares for 2023, take stock of your GRC priorities and practices in areas like cybersecurity, third-party risk management, and ESG. (more…)
While there were no compliance alerts for November, there are two changes going into effect on January 1, 2023, and a number of additional advisories and announcements to look out for! Learn more about December's regulatory compliance changes below. (more…)