Risk & Compliance Roundup: Enforcement Actions, Policy Management, Governance Guide
- February 21, 2025
- Quantivate
Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition covers topics including:
- What you can learn from recent enforcement actions
- Policy management strategies & free template
- Governance best practices
New from the Nsight Blog
Enforcement Actions Roundup: January 2025
Stay ahead of regulatory trends with our monthly Enforcement Actions Roundup! This post breaks down key enforcement actions from January 2025, highlighting what went wrong and how you can protect your institution from similar mistakes. With our Enforcement Actions Tracker and in-depth case analysis, you’ll get a clear view of trends, compliance pitfalls, and practical steps to strengthen your controls. Our first edition covers actions issued by the CFPB and OCC.
Policy Management Pain? Here’s How Financial Institutions Can Fix It
Financial institutions face a flood of regulations, rapid innovation, and the challenge of staying compliant and competitive. Policies can quickly become outdated and negatively impact your compliance posture, employee experience, and operational efficiency.
Discover how the right strategies — like adaptable frameworks, smart technology, and proactive reviews — can transform policy management from a burden into a powerful advantage.
A Guide to Governance for Financial Institutions
Good governance isn’t just about checking compliance boxes; it’s the foundation of strong, resilient institutions. Yet, many leadership teams take a reactive approach, missing opportunities to align governance with strategic growth. Learn what regulators have to say about governance and explore best practices for implementing better governance strategies.
Bonus Resource
Free Wire Transfer Policy Template
This free template (one example of more than 25+ sample policies in our Ncomply compliance management solution) gives your financial institution a solid foundation to manage wire transfers securely and stay compliant with BSA and OFAC requirements. Designed for easy customization, this template outlines best practices for addressing fraud risk and strengthening your institution’s compliance.