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Financial institutions news from around the web: September 26 – 30, 2022

Written on Sep 28, 2022

ESG risk management for banking 
As the ESG landscape evolves, general counsel, chief legal officers and corporate boards must closely monitor the latest developments to ensure they are aligning their corporate purpose with their business strategy, as well as identifying and mitigating potential risks. 

How do we audit cryptocurrency? 
Cryptocurrencies are still a bit of an unknown entity when it comes to audit and assurance. What considerations do auditors need to take on board? 

Treasury and Justice reports tackle crypto crime 
The Treasury and Justice departments intend to act as nail and hammer to the dark side of the crypto industry — one working to identify cyber criminals and their exploits and the other, prosecuting and bringing those baddies to account. 

A smart investment: Extending ESG values to customer service 
With the right training and tools, contact centers can be a central element of a bank’s strategy to affirm its commitment to ESG and build customer loyalty and trust.