A Financial Institution’s OFAC risk profile is determined based on its products, services, customers and geographic locations. A Financial Institution’s OFAC compliance program is required to: ...

Regulators require that financial services companies take a risk-based approach (RBA) to maintain compliance, which can seem like a heavy burden on businesses in terms of costs, workforce and ...

Have you ever faced the daunting task of identifying and prioritizing risks in a project, only to feel overwhelmed by the sheer complexity of it all? Whether you’re managing a multi-million-dollar ...

For implementing static testing, it is advisable to create a small dedicated implementation team with specific roles. It should include the Process Champions who would be backing the process, the ...

Banks need to approach regulatory and compliance programs with a new strategy. First, they need to mitigate the associated risks, and second, they need to transform the significant cost to investment.

A risk-based cybersecurity approach prioritizes threats based on their likelihood and impact. The goal is to shift security from a reactive checklist to a proactive driver of resilience, efficiency ...

QKS Group named ProcessUnity, The Third-Party Risk Management Company, as a SPARK Leader in their analysis of the SPARK Matrix (TM): Vendor Risk Management, 2025 market.