eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. Governance, risk management and compliance (GRC) is a very ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

There are several key lessons to be considered by any Chief Compliance Officer (CCO) or compliance practitioner. The first is the process around risk management. Most compliance practitioners ...

Models are everywhere. Many organizations use models for facilitating the decision-making process, for accounting and tax purposes, and for managing day-to-day operations. In fact, organizations are ...

I continue this week’s exploration of how to more effectively operationalize your compliance program. Yesterday, I wrote about forecasting to more fully burn compliance into the fabric of your ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

As institutions explore generative AI for transaction monitoring, sanctions screening and KYC processes, questions about ...

The European Banking Authority is looking at ways to speed up the process of supervisors – such as the European Central Bank – approving significant updates to credit risk capital models, according to ...