Microsoft's Perspective on the Future of Risk & Compliance

Browse by Tags

Federal Preemption in the Area of Data Security Breach Laws - an update from Jeff Jinnett 26 October 09 08:10 PM | AnnaVAubry | 0 Comments: As we have noted in previous postings on this weblog, there appears to be an increasing trend toward the federalization of regulatory areas impacting the financial services industry. Thus, the legislation to create a new Consumer Financial Protection Read More...

Filed under: Jeff Jinnett, security breach, federal, data security
Jeff Jinnett: The Nimble Approach to Compliance: Multi-Purpose IT Solutions and “Nexialist” Compliance Attorneys 04 October 09 07:58 PM | AnnaVAubry | 0 Comments: Regulatory compliance has become an increasingly costly burden. For example, SIFMA has estimated that the U.S. securities industry in 2004 spent $23.2 billion on compliance-related activities(1). In addition, regulatory mandates have become more intrusive Read More...

Filed under: Compliance , SEC 17a-4, Basel II Accord, Sarbanes-Oxley, HIPAA, regulatory, audit, IT solutions, Health Insurance Portability and Accountability Act, SEC, Securities and Exchange Commission, IT, Jeff Jinnett, Sectiion 409, Form 8-K, SIFMA, Enron, Section 404, SOX, financial statements, Committee of Sponsoring Organizations of the Treadway Commission, COSCO, Section 301, documentation, Code of Ethics, Section 406, attorneys, Rule 17a-4, The Voyage of the Space Beagle, A. E. Van Vogt, Nexialist
Susan Hauser, VP of Microsoft Financial Services, on New Challenges in Risk Management and Compliance 26 September 09 10:17 PM | AnnaVAubry | 0 Comments: As the global economic crisis rumbles on, financial firms of all kinds anticipate an overhaul of risk management and regulatory frameworks. I asked Microsoft’s global head of Financial Services, Susan Hauser, for her views: Sai: Susan, as the global head Read More...

Filed under: Risk , Compliance , Technology, people-ready, Basel II Accord, Sarbanes-Oxley, regulatory, SharePoint Server, Microsoft, Office, MOSS, Governance, risk management, IT, Sai Sireesh, Jeff Jinnett, best practices, data, risk mitigation plan, banks, global economic crisis, Susan Hauser, bailouts, financial crisis, Tower Group, technologies, IT spend, unlock data, service-oriented architecture, SOA, Bank of America, portal solution, risk mitigation, IT Compliance Management Guide, IT Compliance Management Resources Workbook, Worldwide Financial Services, Exchange, Windows
Jeff Jinnett: The Catch-22 of Record Retention 19 September 09 07:41 PM | AnnaVAubry | 0 Comments: At the heart of the record retention challenge is the difficult question as to what types of documents to maintain for compliance purposes and how long to maintain them. In certain cases, applicable laws and regulations specify the types of documents Read More...

Filed under: Risk , Compliance , Technology, Federal Rules of Civil Procedure, Sarbanes-Oxley, regulatory, audit, SEC, IT, litigation, Jeff Jinnett, discovery, spoliation, document, record retention, electronic records, IRS, Revenue Procedure 98-25, Revenue Procedure 97-22, Guideline Three, Sedona Principles, Rule 37(e), case law, investigations, Sectiion 409, Form 8-K, ESign, IT infrastructure, scalable
Jeff Jinnett: Value of an IT Security Due Diligence Document/Risk Mitigation Plan 31 August 09 05:25 PM | AnnaVAubry | 0 Comments: If a company were ever asked to describe its IT security program, the company likely would have to bring in numerous staffers from the IT department and refer to reams of documents to present a full picture of the company’s IT security approach. The need Read More...

Filed under: Risk , HIPAA, security, IT Department, breaches, IT, litigation, Jeff Jinnett, counsel, technical, data, jury, regulators, board directors, bank lenders, accountants, underwriters, due diligence, document, risk mitigation plan, RMP, Security Accreditation, URAC, Federal IT Standard, healthcare, accreditation, small and medium-sized companies, IT Security RMP, evidence
Jeff Jinnett: Adopting an Enterprise-Wide EDRM Platform to Get Electronic Discovery Under Control (Part II) 17 August 09 07:59 PM | AnnaVAubry | 0 Comments: Our previous posting provided an overview of the typical ediscovery lifecyle and identified the need for an enterprise-wide approach to ediscovery. This posting will explore the explore some of issues relating to the ediscovery process steps in more detail Read More...

Filed under: FRCP, confidentiality, e-discovery, Jeff Jinnett, discovery, EDiscovery, counsel, protective orders, preservation letter, spoliation, U.S. Federal Rules of Civil Procedure, FRCP Rule 16, trade secret, D.N.J. Local Rule 26.1(d), Litigation Response Plan, secure extranet, virtual data room, virtual discovery room
Jeff Jinnett: Adopting an Enterprise-Wide EDRM Platform to Get Electronic Discovery Under Control (Part I) 17 August 09 07:43 PM | AnnaVAubry | 0 Comments: One of the challenges facing many companies today is how to handle the production of electronic documents in the course of litigation discovery. For companies embroiled in litigation, electronic document records management can be an increasingly daunting Read More...

Filed under: Compliance , e-discovery, Jeff Jinnett, EDRM, electronic documents, electronic discovery, black letter law, computerized data, enterprise-wide, electronic documents and records management, EDiscovery, legal, counsel, court orders, protective orders, retention periods, attorney-client privilege, redactions, motion to compel
Jeff Jinnett: Proposed Financial Services Regulatory Reforms (Part II): Possible Business and IT Impacts 31 July 09 08:25 PM | AnnaVAubry | 0 Comments: In our last blog posting, we summarized the Obama administration’s proposed financial services industry regulatory reforms, as set forth in its “New Foundation” white paper [1] . The following are some of the possible business impacts of the changes, Read More...

Filed under: Risk , Compliance , regulatory, Hedge Funds, Asset backed securities, OTC, Derivatives, business intelligence, Obama Administration, CFPA, Congress, risk management, SEC, Liquidity Management, Obama, New Foundation White Paper, the Fed, Tier 1 FMCs, Gramm-Leach-Bliley Act, CCPs, private equity funds, money market mutual funds, MMFs, regulatory reporting, mandates, Chief Risk Officers, loan, credit card banks, thrift holding companies, trust companies, Bank Holding Company Act, credit rating agencies, mandatory arbitration, IT, high performance computing, e-discovery, arbitration, litigation, XBRL-enabled, legislation, Jeff Jinnett
Jeff Jinnett: Obama Administration Proposed Financial Services Regulatory Reforms (Part 1): An Overview 30 July 09 11:00 PM | AnnaVAubry | 0 Comments: On June 17, 2009, the U.S. Department of the Treasury issued a white paper entitled “Financial Regulatory Reform – A New Foundation: Rebuilding Financial Supervision and Regulation” (the “New Foundation White Paper”).(1) The New Foundation White Paper Read More...

Filed under: Hedge Funds, Executive Pay, OTC, Derivatives, Financial Services Oversight Council, Treasury, Obama Administration, Consumer Financial Protection Agency, CFPA, US, OCC, FDIC, SEC, Obama, Department of the Treasury, New Foundation White Paper, Federal Reserve Board, the Fed, too big to fail, Tier 1 FMCs, Gramm-Leach-Bliley Act, DTCC, National Bank Supervisor, Office of Thrift Supervision, OTS, Office of the Comptroller of the Currency, Securities and Exchange Commission, Commodities Futures Trading Commission, CFTC, Truth in Lending Act, Real Estate Settlement and Procedures Act, Fair Debt Collection Practices Act, Financial Consumer Coordinating Council, FSOC, securities, over-the-counter, credit default swap, central counterparties, CCPs, private equity funds, money market mutual funds, MMFs, fair value, mark to market, retirement plan, 401(k), Declaration on Strengthening the Financial System, G-20, Office of National Insurance, ONI, EU Solvency II Initiative, Jeff Jinnett
Jeff Jinnett: IT Approaches to State Law Preemption Under the Proposed Consumer Financial Protection Agency 16 July 09 12:07 AM | AnnaVAubry | 0 Comments: On June 17, 2009, the U.S. Department of the Treasury issued a white paper entitled “Financial Regulatory Reform – A New Foundation: Rebuilding Financial Supervision and Regulation”(1). This document sets forth the vision of the Obama administration for Read More...

Filed under: Technology, HIPAA, privacy, regulatory, regulatory reform, mortgages, databases, Treasury, Financial Regulatory Reform, Obama Administration, Consumer Financial Protection Agency, CFPA, Congress, Section 117B, Health Insurance Portability and Accountability Act, Health & Human Services, BlueCross BlueShield, Streamlined Sales Tax, Stanford, CodeX, tax, Jeff Jinnett
Jeff Jinnett: The Problem with Unmanaged End User Computing Applications 01 July 09 08:38 PM | AnnaVAubry | 0 Comments: Approximately 68% of an enterprise’s corporate data is managed in IT Department-controlled applications and 32% is stored in key Microsoft Excel spreadsheets(1), Microsoft Access and other databases(2) , business intelligence tools (e.g., reporting tools), Read More...

Filed under: Risk , Compliance , Regulation, Sarbanes-Oxley, security, regulatory, audit, record-keeping, IT solutions, Excel, spreadsheets, Microsoft, Clearing houses, Single Federal Regulator, corporate data, IT Department, Access, databases, business intelligence, Word, TransAlta Corp, safeguards, controls, fraud, AIB's Allfirst Bank, End User Computing Applications, EUCs, breaches, confidentiality, external auditors, e-signatures, mashup, PricewaterhouseCoopers, Gartner, Chambers and Hamill, Prodiance, ClusterSeven, Governance, Jeff Jinnett
Jeff Jinnett: How to Take a Holistic Approach to Governance, Risk Management and Compliance - part 2 11 June 09 04:38 PM | Sai Sireesh P | 0 Comments: In the last blog, we were discussing ways to copy with today's new business and regulatory challenges. Again, you might want to consider adopting a "holistic" GRC approach that can help you develop multi-purpose, reusable GRC solutions. For example, under Read More...

Filed under: GRC , privacy, security, audit, record-keeping, multi-purpose, reusable, Excel, spreadsheets, Issue Grids, SharePoint Server, Office, MOSS, XML, Jeff Jinnett
Jeff Jinnett: How to Take a Holistic Approach to Governance, Risk Management and Compliance - part 1 11 June 09 11:19 AM | Sai Sireesh P | 0 Comments: Today’s increasingly complex business landscape is matched by an increasingly challenging governance, risk management and compliance (GRC) lan dscape. U.S. multi-national companies are faced with a bewildering array of international, U.S. federal and Read More...

Filed under: GRC , Compliance , Regulation, multi-national companies, EU privacy directive, Basel II Accord, Patriot Act, Sarbanes-Oxley, HIPAA, Gram-Leach-Bliley Act, DoD 5015.2, privacy, security, regulatory, Jeff Jinnett

Search

This Blog

Tags

Archives

Links

Syndication