Regulatory Reality:

regulation


May 20, 2011  3:29 AM

Does the banking industry understand what risk-based means?



Posted by: David Schneier
compliance, FFIEC, GLBA, regulation, regulations, regulatory, Regulatory Compliance, risk, risk assessment, risk-based

Years ago I added an addition to my first house. After my second child arrived, we had simply run out of room and decided it was easier to expand our current living space rather than trying to find a bigger one. Plans were drawn up, work scheduled and money deposited. Two days before the first...