Recent regulatory enforcement actions have reinforced a shift toward process-level scrutiny, with the SEC repeatedly citing ineffective internal controls over ...

LONDON (Reuters) -UBS's auditors have expressed an "adverse opinion" on the bank's internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

U.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, ...

For banks, insurers and capital markets firms, new cybersecurity expectations demand stronger controls, faster response times and greater operational resilience.

The price of New York Community Bank stock fell 20% in after-hours trading Thursday following a disclosure from the bank about its internal risk management practices, a leadership shake-up and new ...

London's Financial Conduct Authority said it has fined Starling "for financial crime failings related to its financial sanctions screening." Starling also repeatedly breached a requirement not to open ...