ABC New Hires Presentation

pptx

School

Northcentral Technical College *

*We aren’t endorsed by this school

Course

MISC

Subject

Information Systems

Date

Dec 6, 2023

Type

pptx

Pages

16

Uploaded by HighnessKoupreyPerson2196

Report
ABC New Hires Presentation Regulatory Presentation JENNIFER FOSCHIA RASMUSSEN COLLEGE RISK MANAGEMENT DELIVERABLE 2 AUGUST 30, 2023 AUTHORS NOTE: THIS PRESENTATION WAS MADE FOR DR. COBB’S RISK MANAGEMENT CLASS ON 8/30/2023.
Welcome ABC New Hires!!! Identify three ways that banks impact the economy. Identify two regulations and describe their origin and role in managing risks within banks. What risk management standards did the banks employ as a result of the regulations? What are the consequences of failing to meet the standards outlined by the regulators? Would a firm be prudent to properly manage its leverage and liquidity levels if they are not regulated? What tools can organizations employ to manage the risks caused by inadequate levels?
How do Banks Impact the Economy? Positives: Promote savings. Create income and more cash flow for people; supplier of credit. They safeguard deposits and loan money. Providing more job opportunities. Promotions of Trade, Production and Investment.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
How do Banks Impact the Economy? Negatives: Great recession. Cause bankruptcies and foreclosures.
Bank Regulations Securities and Exchange Commission (SEC) Federal Deposit Insurance Corporation (FDIC) Dodd-Frank Wall Street Reform & Consumer Protection Act
Securities and Exchange Commission Created in 1934. Promotes public disclosure. Protects investors. Monitors corporate takeover actions.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Federal Deposit Insurance Corporation Created in 1933. Also known as the Glass-Steagall Act. Protect and insure bank depositors. Regulating banking practices. Generates income from fees charged to insured banks and savings associations.
Dodd-Frank Wall Street Reform & Consumer Protection Act Prohibits banks from trading customers deposits for profit. Protected customers funds from bank misuse. Promoted consumer and investor protection. Consumer Financial Protection Bureau. Volcker Rule.
CONSEQUENCES OF FAILING TO MEET REGULATIONS Reputational Risk. Regulatory Fines. Legal Liability Risk.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Risk Management Standards For Banks Evolution of Banking Supervision and Capital Regulation. Disclosure Requirements. Credit Risk. Bank Capital Requirements.
Elements of Risk Management and Control Quality of risk measurement and monitoring. Acceptability of internal controls to prevent fraud. Quality of management and board oversight. Fairness of policies that limits risky activity. Provide ways for organizations to report on their compliance with laws and regulations
Consequences of Failing to Meet the Standards Fines and Penalties. Imprisonment. Loss of reputation. Difficulty in securing capital or financing.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Would a firm be prudent to properly manage its leverage and liquidity levels if they are not regulated? Leverage – This indicator presents the ratio between selected financial assets of the banking sector and their total equity. Liquidity – This is the risk to a bank's earnings and capital arising from its inability to timely meet obligations when they come due without incurring unacceptable losses.
Appropriate Tools and Their Benefits for Managing Each Risk Loss protection and reduction. SWOT. Increasing profitability. Risk data quality assessment. Restructure debts by using financial ratios.
Conclusion Banks play an important role in the financial system and the economy. Banks need regulations to ensure that the financial system will work properly. Without regulations in place, the economy can crash. Banking Regulations help maintain confidence in consumers that they will be treated fairly and equally when they deposit money, apply for a loan, or use any of the many other services that banks offer today.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
References Chen, J. (2022, April 7). Securities and Exchange Commission (SEC) defined, how it works . Investopedia. https://www.investopedia.com/terms/s/sec.asp Fintech. (2021, September 10). The dodd-frank act and its impact on the banking system: The sumsuber . Sumsub. https://sumsub.com/blog/knowledgebase-dodd-frank-wall-street-reform-and-consumer- protection-act/ Gonzalez, J. (2023, February 17). Understanding the impact of regulatory non-compliance: Bank Automation News . Bank Automation News | The Definitive Source for Insights and News Surrounding Automation in Financial Services. https://bankautomationnews.com/allposts/risk-security/understanding-the-impact-of- regulatory-non- compliance/#:~:text=In%20addition%20to%20penalties%20and,punitive%20damages%20and%20significa nt%20fines. Hall, M. (2023, June 1). How the banking sector impacts our economy . Investopedia. https://www.investopedia.com/ask/answers/032315/what-banking-sector.asp#toc-how-banks-are- regulated Hayes, A. (2023, August 2). Dodd-Frank Act: What it does, major components, and criticisms . Investopedia.https://www.investopedia.com/terms/d/dodd-frank-financial-regulatory-reform-bill.asp Montevirgen, K. (n.d.). Federal Deposit Insurance Corporation (FDIC) . Encyclopædia Money. https://www.britannica.com/money/Federal-Deposit-Insurance-Corporation