Insights

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

LATEST INSIGHTS
22 April 2024
Combating Elder Financial Exploitation: Key Insights for GRC Professionals
Elder financial exploitation (EFE) has emerged as a significant threat, with the Financial Crimes Enforcement Network (FinCEN) receiving reports of over $27 billion in suspicious activity between June 2022 and June 2023. As the population ages, this issue becomes increasingly pressing for financial institutions, regulators, and society.
17 April 2024
2024 FSB Recommendations to Boost Non-Bank Liquidity
16 April 2024
5 Ways the Internal Audit Code of Practice Will Transform the Profession
The Chartered Institute of Internal Auditors has taken a bold step towards revolutionising the internal audit profession in the UK and Ireland by releasing its draft "Internal Audit Code of Practice."
15 April 2024
Supreme Court's Omissions Ruling—What it Means for GRC Professionals
Shareholders can't sue a company for remaining silent on risks or trends that might have a material impact on its business, the U.S. Supreme Court has ruled. What impact will this have on GRC professionals?
11 April 2024
Breaking Down the FDIC's Latest Strategy for Managing Big Bank Failures
The Federal Deposit Insurance Corporation (FDIC) has published its playbook for resolving large banks. Here are the highlights for GRC pros: 
10 April 2024
CFPB Urges Regulation of Video Game Virtual Marketplaces
Is it time to level up risk management in gaming? The Consumer Financial Protection Bureau (CFPB) thinks so. What are the issues the CFPB raises and what should GRC professionals be talking about? MBK Search looks at the data.
29 March 2024
Bank of England Survey: Geopolitics and Cyber Risks Reign Supreme
The Bank of England released its biannual Systemic Risk Survey for the first half of 2024 on Wednesday, highlighting the evolving risk landscape faced by the UK financial system. Here are the key takeaways for GRC professionals:
25 March 2024
Understanding the 2024 U.S. Export Restrictions on SDNs: BIS Expansion
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has introduced big changes to its export control regulations, targeting entities involved in Russia's invasion of Ukraine, narcotics trafficking, and terrorist activities.
25 March 2024
What England's football regulator means for GRC
The long-awaited Football Governance Bill, a historic piece of legislation aimed at reforming the governance of men's elite football in England, has been introduced to the UK Parliament. Here's what it will look like when the bill becomes law.
19 March 2024
The SEC's "AI-washing" crackdown: Key points
The SEC has “AI-washing” in its crosshairs following two important settlements this week.
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