- The Philadelphia regional M&A market followed the national trend in the fourth quarter of 2016 (Q4-2016) with the number of closed transactions declining by approximately 27 percent.
- Unclaimed property is rapidly assuming a new role as a state revenue generator. To help organizations become better familiar with unclaimed property reporting requirements, Baker Tilly compiled a state-by-state guide on unclaimed property laws. Use the guide as a starting point for learning more about the unclaimed property laws of the states in which you have reportable property.
- In January, GASB issued new guidance to address how governments report fiduciary activities which is effective for fiscal years ending on or after December 31, 2019.
- NYS DFS cybersecurity regulations were signed into law on Feb. 16, 2017. These new sweeping regulations will pose challenges for financial services organizations that do business in New York.
- Discussion and presentations at the Mortgage Bankers Association’s (MBA) National Mortgage Servicing Conference & Expo 2017 were heavily centered on regulation: existing, in process, and future. Part of that discussion was whether the regulators and rules would disappear with the Trump Administration's deregulation push.
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