Banking


The Office of Thrift Supervision (OTS) says it is closely monitoring compliance with a new law, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001. In March the OTS provided savings institutions with guidance ( www.ots.treas.gov/docs/48896.pdf ) on complying with certain of the act’s provisions, which took effect in December, requiring financial institutions to produce—within 120 hours of regulators’ request—customer records or other documents necessary to fight money laundering.

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2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

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How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.