- Newly approved Florida legislation demands new insurer solvency requirements, disclosure requirements and requirements for individuals to disclose information about any affiliated company.
- For years, risk governance meant risk management, with a relatively narrow focus on specific areas: loans, legal, and possibly IT. Then, everything went sideways in 2008-2009, and regulators saw the need for a more proactive, comprehensive risk governance strategy. Within the past five years, new rules and guidelines have begun changing the flaws regulators could see boards of directors were not engaged at the right level; board members and executives weren’t getting the right information to make informed decisions; and management didn’t have tools in place to facilitate a timely and comprehensive analysis of overall risk.
- A proposed change by the Financial Accounting Standards Board (FASB), as outlined in proposed Accounting Standards Update, Financial Instruments—Credit Losses (Subtopic 825-15), could significantly change the way banks account for credit losses.
- External bank auditors have new guidance from the Basel Committee on Banking Supervision as of March 31, and banks should understand the updated guidelines before their next audit. The new guidelines, 46 pages in all, replace The Relationship Between Banking Supervisors and Banks' External Auditors, published in 2002, and External Audit Quality and Banking Supervision, from 2008.
- This webinar is designed to provide an overview of the latest healthcare reform rules for individuals in the public sector.
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