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Investment accounting compliance: How technology helps

Abrigo

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Compliance with investment accounting and reporting requirements plays a central role in ensuring operational efficiency and regulatory adherence.

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How AI helps prevent fraud and false positives—without replacing compliance professionals

Abrigo

When integrated strategically, AI allows BSA and fraud teams to focus on higher-risk cases and conduct more thorough investigations while maintaining complete control over compliance processes. Why AI wont replace compliance professionals Despite its advancements, AI cannot replace human judgment in financial crime investigations.

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OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations

Perficient

A compliance rating of either “Outstanding,” “Satisfactory,” “Needs to Improve,” and “Substantial Noncompliance” is awarded at the end of the on-site review. Capital One, National Association. Guaranty Bank & Trust, National Association. Modern Bank, National Association.

National 309
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DevSecOps Best Practices ? Automated Compliance

Perficient

As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. In the case of most open-source and commercial components, the NIST National Vulnerability Database provides a continuously updated list of known or suspected vulnerabilities.

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Fraud and AML integration: Is the FRAML approach right for your financial institution?

Abrigo

With fraud rates surging and FinCEN designating fraud as a National Priority , combining these functions under the same umbrella could be a game-changer. Compliance risks: Though FRAML aligns with evolving regulatory guidance, combining these functions can pose compliance risks if not carefully managed.

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OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities

Perficient

The Office of the Comptroller of the Currency (“OCC”) issued a letter (1179) that national banks and federal savings associations must demonstrate that they have adequate controls in place before they can engage in cryptocurrency, distributed ledger, and stablecoin activities.

National 294
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What Is Not Considered a TRACE-Eligible Security and What Should Not Be Reported

Perficient

Transactions in TRACE-eligible securities that are listed on a national securities exchange, including the NYSE, when such transactions are executed on and reported to the exchange, and the transaction information is disseminated publicly (no sense reporting something that is already being reported). an exchange-traded fund). Part 1 of 6).

Security 474