Remove Resources Remove Risk Management Remove Taxes
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New Digital Taxes Loom On Tech Firms In Europe

PYMNTS

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales. Health Records and Google.

Taxes 130
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Navigating distressed & problem loans: Legal & borrower considerations

Abrigo

However, given recent industry and employment trends as well as limited resources, the workout/restructure of the problem loan could be managed by the same individual or group that originated the loan. Ideally, the institution will also transfer the problem loan to a specialized loan workout professional at the institution.

Strategy 195
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Do risks lurk in your CECL model? Risk assessments identify and address potential issues

Abrigo

Robust risk assessments are crucial for model oversight and governance. I recently discussed appropriate risk and control environments for CECL during an ABA webinar hosted by Mike Gullette, the ABA’s Senior Vice President of Tax and Accounting. Assess desired precision versus available resources (staff, investments, etc.).

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Elder Abuse Awareness Day 2022: Red Flags for BSA/AML Staff

Abrigo

EFE frequently occurs without the explicit knowledge or consent of a senior or disabled adult, and can deprive them of vital financial resources for their future needs. Prize/Lottery Scammers coerce their victims to send an "import tax" or "fee" to receive the money they supposedly won in a lottery. . billion in 2019. BSA Training.

Training 195
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Using Enterprise Risk Management to Achieve Bank Stability

NCR

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Reputational Risk – In any industry, perception is reality.

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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations. soil. .

Training 195
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CRE loan distress: Spot the symptoms, diagnose, and treat problem loans

Abrigo

Here’s how banks and credit unions with strong CRE risk management can identify weakening property loans, assess them, triage them, and assist with their prognosis and treatment. Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes.

Strategy 221