Deloitte

Recent eminence

The risk committee resource guide for boards, Board risk committees become reality – The risk committee resource guide for boards is designed to help organizations develop and strengthen their risk committees, and can also help boards improve risk governance and oversight even if a formal risk committee is not being established in the near future.

Assessing the board’s role before the next crisis, Taking a proactive approach to crisis management – As a host of threats continue to mount against organizations, more boards are weighing a broader, more proactive approach to crisis management.

Stronger: OCC’s heightened expectations, Enhancing risk management and driving growth – The latest guidance issued by the Office of the Comptroller of the Currency (OCC) continues the trend of greater regulatory involvement.

Peeling back the resolution planning guidance, Summary of 2017 guidance, Summary of the 2017 section 165(d) guidance for domestic covered companies that submitted resolution plans in July 2015.

Recent Dbriefs:

FASB’s new credit impairment model: At a loss for what to do?

7/25

On June 16, 2016, the FASB issued its new standard, ASU 2016-03, Financial Instruments – Credit Losses, introducing a new credit impairment model based on expected losses rather than incurred losses. What changes are required under the new standard and what should institutions consider as they prepare to implement the new requirements? We’ll discuss:

  • An overview of the standard, including which institutions and types of asset portfolios are impacted.
  • The various methods to measure expected credit losses.
  • The changes to the AFS debt security model.

The new standard’s effective date, transition provisions, and important implementation and operational considerations.

Learn about the FASB’s new credit impairment guidance and associated implementation challenges.

Cyber risk management: Lessons from CISOs on the front lines

8/9

There’s no shortage of funding or technology to help chief information security officers (CISOs) at banks, insurers, and investment management companies cope with the growing number and sophistication of cyber breaches and disruptions. So why are many CISOs struggling to keep up with, much less get ahead of, threat actors? We’ll discuss:

  • Barriers to finding the right talent and tools.
  • Challenges of establishing meaningful cyber risk metrics and reporting standards.
  • Issues around connecting the dots with analytics and intelligence sharing.

Learn how CISOs are countering cyber risks by innovating and transforming their operations to fortify enterprise-wide security, vigilance, and resiliency efforts.

Cyber risk management: Why threat intelligence requires business intelligence

8/25

A surprisingly high number of cyber incidents are detected not by the targeted organization, but by third parties. As enterprises grow more complex and cyberattackers become more skilled at evading detection, how can organizations better identify threats? Learn how risk-centered security operations can help organizations better balance the drive to grow and innovate with the need to guard against cyberattacks.

Advancing board effectiveness with a new strategic framework

9/29

Board members who understand the intersection between strategy, risk, and innovation tend to anticipate better, seize opportunities, and help shape the company’s future value creation. How prepared is your board today? Learn how to address strategic risk, competitive disruption, and innovation for future growth and opportunities.

The future of digital banking: Rethinking how banks innovate for customers

9/27

Banks are at a crossroads today, using an outdated and overloaded architecture to push products and services on increasingly demanding and tech-savvy customers. How can banks shift towards smarter, more transparent, seamless, and connected digital experiences? Learn how to build the bank of the future by developing a winning digital strategy that addresses customer needs and expectations.

Upcoming Dbriefs:

The cybersecurity examination: Raising the bar for cyber risk management oversight and reporting

10/27

With the proliferation of cybercrime and recently proposed legislations related to cyber risk reporting and disclosures, organizations are under intense pressure from stakeholders to respond to inquiries about the effectiveness of their cyber risk management programs. The pressure is compounded by the reality that there is no single approach for reporting on such programs and related controls. Learn ways organizations can begin to prepare for a future cybersecurity examination engagement.

Forward-looking and outcomes-focused: Embedding conduct risk into your risk management framework

11/10

Global regulatory scrutiny of wholesale principal sales and trading businesses has increased, and regulators are raising hefty criminal charges against key financial services institutions and employees. How can the design and implementation of controls targeted at addressing conduct risks across the three lines of defense help organizations avoid the perception of unfair client treatment, firm position abuse, and failure to maintain market integrity? Learn how proactively dealing with control risk can help protect your bottom line and provide marketplace advantage.

 

Third-party risk management: From reactive to dynamic, continuous monitoring

11/17

At a time when regulatory enforcement is expanding globally, many businesses lack an integrated view of their third-party risks, with potentially grave consequences. What new approaches and technologies are emerging to help change this paradigm? Explore new approaches and tools that enable integrated, real-time third-party risk management.

 

Boardroom agenda 2017: Hot topics and the future landscape

12/15

In 2016, hot topics for boards have included proxy access, board composition and refreshment, strategy, and shareholder activism. Will these matters continue to impact the 2017 boardroom agenda and proxy season? What other topics could demand more attention from the board? Gain new perspectives on topics driving the 2017 boardroom agenda.