Insights

News, updates, and meaningful insights from the MBK Search team.

LATEST INSIGHTS
2 August 2024
FDIC Proposes Sweeping Changes to Brokered Deposits Rules
The Federal Deposit Insurance Corporation (FDIC) has proposed a significant overhaul of its brokered deposits rules. This move, announced on July 30, 2024, could reshape the landscape for banks, neobanks, fintechs, and other financial industry players.
25 July 2024
What new ARGA legislation will mean for UK GRC
The King's Speech has unveiled plans for a Draft Audit Reform and Corporate Governance Bill, signalling significant changes in the UK's regulatory landscape. MBK Search has pulled out these crucial aspects that risk managers and compliance professionals need to understand:
24 July 2024
FTC sets its sights on surveillance pricing: Key points
The Federal Trade Commission (FTC) has launched a significant investigation into "surveillance pricing" practices, signalling a new frontier in consumer protection and data privacy. This will have implications for risk managers and compliance professionals across financial services. Here are five key aspects to consider:
18 July 2024
What New Mortgage AVM Rules Mean for Hiring
Federal regulators have introduced new rules to ensure the quality and reliability of AVMs. Here’s a breakdown of what you need to know about these changes and how they'll affect hiring in GRC:
17 July 2024
EU's Corporate Sustainability Due Diligence Directive: A New Era for Business Accountability
The European Union has taken a big step toward corporate responsibility with the Corporate Sustainability Due Diligence Directive. This new law ensures companies address human rights and environmental impacts throughout their value chains. Here are five key aspects of this transformative directive:
11 July 2024
Regulatory challenges await post Corner Post ruling
The Supreme Court's Corner Post ruling is set to raise the stakes on regulatory bodies in the U.S.
10 July 2024
Proposed OCC rules for $100b+ banks will spur Internal Audit hiring
At MBK Search, we expect that this will spur hiring in key risk management and compliance functions. Here are the key takeaways:
5 July 2024
Key takeaways from the Bank of England's Financial Stability Report 2024
The Bank of England released its biannual Financial Stability Report, and there was plenty for GRC professionals to sink their teeth into. Here are six key takeaways.
2 July 2024
The end of the Chevron doctrine: What's next for GRC?
The Supreme Court's decision last week to overrule the long-standing Chevron doctrine will have massive implications for regulatory interpretation and enforcement. Here's what it could mean for those working in governance, risk, and compliance.
27 June 2024
CFPB extends dates for lending data collection
The CFPB has issued an interim final rule to extend the compliance dates for its 2023 small business lending data collection requirements.
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