Guiding an industry in transition

Amid significant global regulatory reform, banks and securities firms are faced with numerous challenges and sweeping changes. How should banks' operating models evolve? Where are the greatest opportunities for growth? What is the most effective way to raise and manage capital?

These are some of the questions banks are wrestling with as they seek to comply with new regulations while meeting the expectations of customers and shareholders for service, transparency and return-on-investment.

We provide guidance in these key areas:


  • Financial regulatory reform

    Global financial regulatory reform is daunting in its breadth and complexity. Our global network of advisory professionals offers an integration of regulatory and technical skills that sets us apart in advising and helping clients to achieve compliance and growth.

    To find solutions to your global regulatory challenges, visit our Global Regulatory Network.

     


    EY - Insights on regulatory reporting FINRA 4210
    Implications of the Covered Agency Transactions Rule amendment

    EY - Insights on regulatory reporting Insights on regulatory reporting
    The global regulatory reform agenda continues to drive change in the finance function, as well as require finance and risk functions to address overlapping requirements.

    EY - OCC's Final Guidance to Recovery Planning OCC's Final Guidance to Recovery Planning
    This guide was designed to help covered banks get started with recovery planning and prepare their inaugural plans for review by the OCC in 2017 and 2018. The guide describes action items that should be completed as part of the recovery planning process.

    EY - Cybersecurity requirements for financial services Cybersecurity requirements for financial services
    The New York State Department of Financial Services (DFS) is proposing new requirements relating to cybersecurity for all DFS-regulated entities.

    EY - Unconventional Wisdom Unconventional Wisdom
    Banks that understand regulation and FinTech are on track for success, writes Anthony Caterino, EY Americas Financial Services Leader, in an article for Institutional Investor.

    EY - 2016 CCAR/DFAST results 2016 CCAR/DFAST results
    The Federal Reserve Board (FRB) released this year’s Dodd-Frank Act stress testing (DFAST) and Comprehensive Capital Analysis and Review (CCAR) results on June 23, 2016 and June 29, 2016, respectively. DFAST and CCAR are complementary exercises conducted by the FRB to assess the quality of the capital planning processes of large bank holding companies (BHCs) and whether these BHCs have sufficient capital to absorb losses through stressed economic conditions.

    EY - Incentive-based compensation arrangements rule Incentive-based compensation arrangements rule
    Federal agencies re-proposed an incentive-based compensation rule in April 2016 and hope to finalize the rule by November 2016.

    EY - SCCL for large banking organizations Single counterparty credit limits (SCCL) for large banking organizations
    The Federal Reserve Board of Governors (FRB) approved a second notice of proposed rulemaking (“re-proposal”) to establish SCCL for large bank holding companies (BHCs).

    EY - Regulatory Alert - February 2016 Comprehensive Capital Analysis Review (CCAR) 2016
    The Federal Reserve Board recently released the supervisory scenarios for CCAR and Dodd-Frank Act stress test exercises to firms participating in CCAR. Some new features in the CCAR 2016 instructions warrant particular attention.

     

  • Banking risk management

    Risk management has taken on a new level of importance. Get up to speed on risk control practices and regulatory requirements.

  • Governance in banks

    Who's responsible for setting risk appetite? What role does the board play? Find out how risk governance at banks is evolving.

    EY - Federal Reserve Board Corporate Governance Proposal Federal Reserve Board Corporate Governance Proposal
    This proposal follows a multiyear review by the FRB focused on board practices at the largest banking organizations and aims to address key challenges identified.

    EY - Federal Reserve Board: Risk Management Proposal Federal Reserve Board: Risk Management Proposal
    The Board of Governors of the Federal Reserve System has issued a set of proposals for a new rating system for large FRB-regulated financial institutions.

    EY - Tapestry Real-world perspectives on bank governance
    Get insights from global bank directors and regulators in the Bank Governance Leadership Network.

    EY - G30 report: a call-to-action on bank governance G30 report: a call-to-action on bank governance
    We highlight specific G30 recommendations for each group involved in the governance process: the board of directors, management, supervisor and shareholders.

     

  • Emerging markets

    .

  • Banking performance improvement

    Get insights on core management and business processes, and how to set the stage for future growth.


    EY - Trading technology architecture modernization Trading technology architecture modernization
    The modern trading architecture requires the flexibility to evolve to meet new business needs and manage continuously changing regulations.

    EY - Real-time payments strategy Real-time payments strategy
    How are faster payments transforming the payments industry?

    EY - Technology disruption and the future of wholesale banking Technology disruption and the future of wholesale banking
    By establishing a foundation for innovation, wholesale banks can fend off the competitive threat posed by FinTech start-ups and set the pace for ongoing success.

    EY - Banking 2014: Guiding an industry in transition Transforming Banking: A refocus on growth and efficiency in the digital area
    Banks need to prepare for the changes associated with transforming key strategic and foundational aspects of their business and operating models.

    EY - Wholesale banks’ balancing act#13; Wholesale banks’ balancing act
    Market volatility and regulatory reforms have forced changes in how corporations manage banking relationships, leading banks to respond with a significant focus on regulatory remediation and efficiency.

     

  • Bank reporting

    Heightened levels of professional skepticism and executive involvement are needed in today's environment. Read our candid perspectives.

    EY - Key themes from Q2 2015 earnings calls Key themes from 4Q 2016 earnings calls
    US banks outperformed their European counterparts in 4Q 2016, but full-year results reflect the weak start to 2016.

    EY - Dodd-Frank: seven implications for banks Dodd-Frank: seven implications for banks
    While the Dodd-Frank Act passed by US lawmakers contains few explicit tax sections, its provisions may have significant tax implications for financial institutions.

     

  • Growth in banking

    With tightened margins and an uncertain landscape, where will banks turn for new growth? We point out the progress and pitfalls of redefining their business.

    EY - Technology disruption and the future of wholesale banking Technology disruption and the future of wholesale banking
    By establishing a foundation for innovation, wholesale banks can fend off the competitive threat posed by FinTech start-ups and set the pace for ongoing success.

    EY - Foreign Exchange: leading drastic change at banks Foreign Exchange: leading drastic change at banks
    Market tremors from the FX-fixing scandal and subsequent probe have been a critical catalyst for major changes at investment banks.

    EY - FinTech adoption index FinTech adoption index
    With financial technology use growing dramatically, we surveyed 10,000 digitally active people to see what’s driving adoption.



Connect with us

Stay connected with us through social media, email alerts or webcasts.

End of an IBOR era

EY - End of an IBOR era

EY has identified the top 10 challenges that banking and capital markets organizations will face in transition to the alternate reference rates.


GARP Risk Podcast: The State of Financial Crime


EY Center for Board Matters

Federal Reserve Board Corporate Governance Proposal