Audit committee expectations intensify as assets hit $1 billion
As banks approach two key asset thresholds—$500 million and especially $1 billion — they must begin preparing for new risks ...
Tag: Internal audit
Got Culture? How the Audit Committee Can Help
Connecting the dots between internal audit, legal, human resources and compliance.
Fed Proposes Guidance Distinguishing Roles of Bank Boards, Management
The Federal Reserve today issued a proposal to streamline its supervisory expectations for bank boards of directors.
Moran, Tester, Tillis, Heitkamp Introduce Limited Reg Relief Bill
Sens. Jerry Moran (R-Kan.), Jon Tester (D-Mont.), Thom Tillis (R-N.C.) and Heidi Heitkamp (D-N.D.) yesterday introduced the Community Lending Enhancement ...
Regulators Support Basel Guidance on External Audits for Largest Banks
The FDIC, OCC and Federal Reserve today issued a joint advisory supporting the Basel Committee’s March 2014 external audit guidance ...
Internal Audit, COSO Peer Groups Formed
Since the Sarbanes-Oxley Act of 2002, banks have placed increased focus on internal audit. In response to member requests, ABA ...
