by Radhika Lipton | Jan 5, 2024 | RADD BUZZ
The banking and financial services industries must comply with several laws and regulations. Due to the increased likelihood of fraud, identity theft, cyber crime, and other ethical and legal risks that exist today, regulatory scrutiny is more important than ever...
by Radhika Lipton | Jan 5, 2024 | RADD BUZZ
Upholding Integrity Trust and transparency form the foundation of integrity, and in the financial industry, these two elements are paramount. Audit remediation stands as a testament to a commitment to operational excellence rooted in these two foundational elements. ...
by Radhika Lipton | Jan 1, 2024 | RADD BUZZ
Enterprise risk assessments are a critical component in the risk management framework of financial institutions. These assessments are essential in identifying, analyzing, and managing a wide array of risks, ranging from operational to regulatory challenges. In the...
by Radhika Lipton | Dec 18, 2023 | RADD BUZZ
In today’s financial landscape, where institutions are pivotal to the stability and prosperity of economies, compliance is more crucial than ever. These institutions operate in a landscape marked by intricate regulations and heightened scrutiny. At the heart of...
by Radhika Lipton | Dec 5, 2023 | RADD BUZZ
Today’s financial world isn’t only more complex than ever but also filled with significantly more regulations and compliance requirements. Properly understanding these regulations and knowing what your credit union needs to do to comply is vital. Getting the right...
by Radhika Lipton | Nov 29, 2023 | RADD BUZZ
In 1977, the Community Reinvestment Act (CRA) was established to address lending inequities, emphasising reinvestment in underserved communities. Yet, with the rise of digital banking, our understanding of ‘community’ has transformed. Now, an updated CRA...