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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. Investment accounting compliance not only minimizes operational risks but also reduces regulatory scrutiny.

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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. This article covers these key topics: Benefits of FRAML for risk management Potential drawbacks of the FRAML approach Factors to consider in decision-making What is FRAML?

Fraud 195
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Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do.

Security 221
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Crafting an effective CECL Q factor framework for stronger risk management

Abrigo

This is where Q factors become essential, offering a way to adjust for future uncertainties, management's insights, and external factors such as regulatory changes or local economic shifts. Properly applied, Q factors allow financial institutions to make their risk assessments more forward-looking and comprehensive.

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Supervisor focus: Credit risk management, stress testing

Abrigo

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

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Improve loan decisioning: 5 ways to serve small businesses better

Abrigo

Small business owners dont need shared national credit structures; they need simple, flexible loan options. A void overcomplication Many financial institutions treat small business lending like large corporate loans, adding unnecessary complexity. Join thousands of your peers and sign up for our newsletter.

Lending 195
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FinCEN issues rules impacting real estate and investment advisory compliance

Abrigo

According to the Treasury , the rule will provide highly useful information to law enforcement authorities and national security agencies. Enhanced risk management: As AML/CFT obligations expand to include real estate transactions and investment advisers, risk management strategies for financial institutions must adapt.