by Chinedu Nnadi | Apr 5, 2022 | RADD BUZZ
To have an effective compliance strategy, financial institutions need to use internal audits and risk assessments as such we tend to discuss the risk assessments and internal audit usage in compliance strategy. The most effective internal audit teams want to go...
by Chinedu Nnadi | Mar 27, 2022 | RADD BUZZ
Why was the Community Reinvestment Act created? Community reinvestment act was created to require regulatory agencies to encourage financial institutions to help address the credit needs of low and moderate-income neighborhoods through lending and community...
by Chinedu Nnadi | Mar 13, 2022 | RADD BUZZ
An internal auditor is a professional who assures that an organization’s risk management, governance, and internal control processes are effective. Audits completed by experienced auditors are designed to mitigate an institution’s risks and improve its...
by Chinedu Nnadi | Feb 26, 2022 | RADD BUZZ
Your financial constitution is constantly at risk of being victim to natural or manmade disasters. While you can’t prevent random acts of nature, it is possible to protect your institution’s and customers’ assets from being lost by investing in...
by Chinedu Nnadi | Feb 24, 2022 | RADD BUZZ
While disaster recovery audit has been recognized as a desirable goal for most organizations for some time. There is still a large percentage of institutions that do not have disaster recovery plans in place. The recent years’ disasters and the resulting media...
by Chinedu Nnadi | Dec 9, 2021 | RADD BUZZ
First the Subject line. With a new administration and congress, there are going to be a LOT of changes to rules and policies that affect your business, so my focus will be to keep you updated with the relevant items and try not to take more than a few minutes of...