In the ever-evolving landscape of banking, managing legal risk has become a critical component of a bank's overall risk management framework. Richard Ostrander, the general counsel and head of the Legal and Compliance Group at the Federal Reserve Bank of New York (FRBNY), has provided valuable
The landscape of Enterprise Risk Management (ERM) is rapidly evolving, driven by the increasing complexity and interconnectedness of business risks. As we approach 2025, risk managers must stay ahead of these emergent trends to effectively mitigate risks and ensure business continuity. This article
In today's rapidly evolving business environment, companies are continuously confronted with challenges stemming from a maze of regulatory requirements. These regulations, driven by GDPR, NIS2, and the Digital Operational Resilience Act (DORA), necessitate robust governance, risk, and compliance
In a landmark decision marking a critical event in the cryptocurrency industry, KuCoin has been handed a significant penalty by the United States Department of Justice (DOJ) for regulatory non-compliance. This development has brought to light crucial aspects of the crypto exchange's operations,
Corporate Social Responsibility (CSR) has become a cornerstone of modern business practices, with companies increasingly allocating resources to social and environmental initiatives. For non-governmental organizations (NGOs), securing CSR funding is crucial for driving meaningful change. However,
With the enactment of the UK’s Economic Crime and Corporate Transparency Act (ECCTA) in September 2025, businesses face new challenges in corporate compliance and fraud prevention. This landmark legislation introduces stringent measures to ensure organizations are accountable for both internal and
