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Our Financial Services Group hosted a virtual forum, where we provided clarification on the latest financial institution hot topics related to CECL adoption, ESG considerations, impacts of Guide 3 updates, improving ALCO meetings, tax legislative changes, tax planning for 2022, and more.
For more information on these and other topics related to Financial Services, contact us.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change. No CPE credit will be issued for viewing the replay.
The FFIEC has updated its IT examination guidelines, expanding the Development, Acquisition, and Maintenance (DA&M) booklet and retiring the Cybersecurity Assessment Tool (CAT) by August 31, 2025. Financial institutions must now enhance IT risk management and adopt alternative cybersecurity frameworks like NIST 2.0 and CISA Cybersecurity Performance Goals to stay compliant.
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