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  2. Chief compliance officer - Wikipedia

    en.wikipedia.org/wiki/Chief_compliance_officer

    Chief compliance officer. The chief compliance officer (CCO) is a corporate executive within the C-suite responsible for overseeing and managing regulatory compliance issues within an organization. The CCO typically reports to the chief executive officer or the chief legal officer.

  3. Banking regulation and supervision - Wikipedia

    en.wikipedia.org/wiki/Banking_regulation_and...

    e. Banking regulation and supervision refers to a form of financial regulation which subjects banks to certain requirements, restrictions and guidelines, enforced by a financial regulatory authority generally referred to as banking supervisor, with semantic variations across jurisdictions. By and large, banking regulation and supervision aims ...

  4. Chief risk officer - Wikipedia

    en.wikipedia.org/wiki/Chief_risk_officer

    Chief risk officer. The chief risk officer (CRO), chief risk management officer (CRMO), or chief risk and compliance officer[1] (CRCO) of a firm or corporation is the executive accountable for enabling the efficient and effective governance of significant risks, and related opportunities, to a business and its various segments. [2]

  5. FCA Controlled Functions - Wikipedia

    en.wikipedia.org/wiki/FCA_Controlled_Functions

    The chief compliance officer oversees the development and implementation of procedures that facilitate compliance and works with other executives to ensure compliance throughout all departments within an organization and responsible for ensuring that the organization has the necessary resources to research and track external laws, regulations ...

  6. Chief privacy officer - Wikipedia

    en.wikipedia.org/wiki/Chief_Privacy_Officer

    As the leader of a corporate privacy program, a CPO has a number of essential responsibilities, [20] including: Managing the company's policies, procedures and data governance

  7. Governance, risk management, and compliance - Wikipedia

    en.wikipedia.org/wiki/Governance,_risk...

    Governance, risk management, and compliance are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. [6] Governance is the combination of processes established and executed by the directors (or the board of directors) that are reflected in the organization's ...

  8. Bank regulation in the United States - Wikipedia

    en.wikipedia.org/wiki/Bank_regulation_in_the...

    The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. [2] Specifically, the act requires financial institutions to keep records of cash purchases of ...

  9. Know your customer - Wikipedia

    en.wikipedia.org/wiki/Know_your_customer

    Know your customer places a costly burden on businesses operating in the financial industry, especially smaller financial companies, where compliance costs are disproportionately heavy. [ 22 ] Customers may feel the information requested to be intrusive and burdensome, and may choose not to enter the business relationship as a result.

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