Transcription of Regulation now: the new standard - EY - United States
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Regulation now: the new standard - EY - United States
Regulation now: the new standard and how firms are adapting2015 Federal Reserve regulatory reporting survey21 Regulation now: the new standard and how firms are adapting2 ContentsPurpose and approach1 Survey highlights2 Introduction5 Key themes:Organizational structure6 Report preparation11 Data and technology18 Governance and controls24 Intermediate Holding Company rule37 Conclusion4321 Regulation now: the new standard and how firms are adaptingPurpose and approachIn 2012, EY published a bank financial regulatory reporting survey of many of the largest US bank holding companies (BHCs) and foreign banking organizations (FBOs). The survey focused on organizational and process functions within the regulatory reporting department (RRD), as well as interactions with other groups involved in supporting the bank financial regulatory reporting process, such as risk, quality assurance and 2015, EY is refreshing this survey to track developments and gauge new challenges facing the RRD.
2 Regulation now: the new standard and how firms are adapting 3 Respondents reported that hiring resources with sufficient regulatory reporting experience was among their biggest challenges.
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