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Cybersecurity: The growing threat (and what to do about it)
Proposed federal legislation, as well as a recent presidential executive order, could alter the level of cooperation between government and financial institutions when it comes to fighting cyber-security threats. -
New Internal Control-Integrated Framework from COSO
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released the Internal Control-Integrated Framework on May 14, 2013. -
Deductibility of other real estate owned (OREO) carrying costs
Certain expenses incurred by a bank to maintain other real estate owned (OREO) no longer need to be capitalized for tax purposes. -
M&A in 2013: Activity up, values down
While most other industries debate healthcare reform, the banking industry continues to deal with the uncertainties surrounding the implementation of Dodd-Frank and Basel III. However, it will also, we predict, spend 2013 immersed in a very different discussion: mergers and acquisitions. -
CFPB and the new mortgage rules
Mortgage rules released by the Consumer Financial Protection Bureau (CFPB) will change many of the mortgage lending rules as of January 1, 2014, and affect both banks and other mortgage lenders. - Previous Next
