CFO Talks

SEPTEMBER 26, 2024

It outlines compliance requirements such as annual financial statement submissions, director duties, and shareholder rights. CFOs must ensure compliance with various tax deadlines, proper record-keeping, and adherence to SARS guidelines to avoid penalties and interest charges.

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IFRS Compliance Auditing Financial Reporting 52

CFO News

JUNE 28, 2024

RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.

Compliance 40

Compliance Financial Systems Banking 40

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

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SAP IFRS GAAP Compliance 72

CFO News

JUNE 28, 2024

RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Monitoring GNPA ratios of public, private, and foreign banks essential for financial system stability and resilience.

Compliance 40

Compliance Financial Systems Banking 40

CFO Talks

NOVEMBER 20, 2024

But it also comes with a unique set of challenges, particularly for CFOs tasked with ensuring compliance with international reporting standards. For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP).

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IFRS GAAP Currencies CFO 52

CFO News Room

JANUARY 18, 2023

financial system, has been used mainly in the past against banks and other financial institutions and in most cases has forced the institution to close. WSJ | Risk and Compliance Journal. Our Morning Risk Report features insights and news on governance, risk and compliance. Concurrent with the U.S. Lisa Monaco.

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Treasury Compliance Financial Systems Finance 100

CFO Plans

SEPTEMBER 24, 2024

However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth. Imagine having a seamless financial system that not only saves you time but also propels your business forward.

Accounting 52

Accounting CFO Compliance Reconciliations 52

The Charity CFO

MAY 6, 2022

Your financial system must be in good working order before you even consider applying for federal funding. In fact, the government places very rigorous financial reporting requirements on organizations that receive federal funding. Sometimes you need to make an aggressive move to push your mission forward.

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Nonprofit Auditing Financial Systems CFO 119

E78 Partners

NOVEMBER 11, 2024

Preparing for an IPO or Major Fundraising: If your company is preparing to go public or raise capital, an interim CFO can help with compliance, financial reporting, and investor relations.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

Beacon CFO Plus

SEPTEMBER 27, 2023

Financial Compliance and Reporting: Startups must comply with financial regulations and reporting standards. They oversee financial reporting, tax compliance, and internal controls, reducing the risk of costly financial penalties.

Startups 52

Startups Compliance CFO Financial Modeling 52

PYMNTS

JUNE 25, 2020

The new FIS/FICO product, the FIS AML Compliance Manager, features FICO ® Falcon ® X “decision management technology,” the companies said. The aim of the new product is to provide a single AML platform that FIs can use to both detect flows of illegal cash and stay in compliance with federal AML regulations.

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Compliance Treasury Financial Systems Numbers 58

VCFO

AUGUST 16, 2023

Money Laundering Prevalence and Practices When bad actors possess large sums of cash that they want to place into the financial system without raising flags, money laundering techniques such as “structuring” are used. In short, money laundering needs to be discussed and assessed as part of risk management policy in all companies.

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Compliance Banking Risk Management Currencies 84

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

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Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

JANUARY 15, 2021

These violations, said FinCEN, “caused millions of dollars in suspicious transactions to go unreported in a timely and accurate manner, including proceeds connected to organized crime, tax evasion, fraud, and other financial crimes laundered through the bank into the U.S. financial system.”.

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Banking Compliance Currencies Financial Systems 107

PYMNTS

AUGUST 14, 2019

More broadly, however, Blanco’s theme was the interconnectedness of the financial system – and how diligence and transparency is the key to combating money laundering and other financial crimes in the U.S. FinCen, he noted, has offered various forms of guidance to casinos for meeting their expanding compliance obligations.

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Compliance Currencies Financial Systems Securities 65

PYMNTS

OCTOBER 5, 2020

European Commission To Appeal Apple State Aid Decision.

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Banking Compliance Advertising Tax Planning 91

The Finance Weekly

MARCH 16, 2023

Additionally, changes in interest rates may occur as the central bank and other financial institutions work to stabilize the financial system, which could affect companies with variable rate debt or those planning to issue new debt.

Leadership 105

Leadership CFO Startups Compliance 105

The Charity CFO

FEBRUARY 27, 2023

The major tasks of a treasurer can be summed up as follows: Operations management Oversight and compliance Strategic decision-making Operations management The operational tasks of a treasurer concern financial management. These tasks include organizing financial data into helpful reports to be presented to the other board members.

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

PYMNTS

APRIL 3, 2020

The agency, whose mission is to safeguard the financial system, said compliance with the Bank Secrecy Act (BSA) is the key to keeping the nation safe by fighting money laundering and related crimes, including terrorism and its financing.

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Compliance Treasury Financial Systems Banking 56

Global Finance

JULY 26, 2024

According to Anand Sampath, managing director and head of global payments, collections & implementation at FAB, APIs are revolutionizing corporate treasury functions in the Middle East by enabling greater automation, efficiency, and integration across financial systems.

Cash Management 52

Cash Management Treasury Cash Flow Forecasting Forecasting 52

PYMNTS

DECEMBER 29, 2020

Factors like security and compliance are considered as well as the platform’s goal of developing an “open financial system for the world. We take seriously any decision to change our customers’ access to one of those assets,” Grewal said. billion “through an unregistered, ongoing digital asset securities offering.”.

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Compliance Currencies Financial Systems Securities 67

PYMNTS

JULY 5, 2019

The bank is worried that the currency will be difficult to regulate and that it could potentially harm the existing financial system. “It It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. monetary policy and the dollar.

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Financial Systems Currencies Compliance Banking 40

PYMNTS

AUGUST 23, 2019

Traki has been one of the early adopters of cryptocurrencies in Venezuela, which highlights its commitment to improve the traditional financial system,” Zac Cheah, co-founder and CEO of Pundi X, said in a press release. “We It is the first compliance alerts solution available across 15 cryptocurrencies.

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Compliance Currencies Financial Systems Sales 49

PYMNTS

NOVEMBER 30, 2020

WatchDOG AML is a “holistic” anti-money laundering ( AML ) solution that works to prevent financial crime by “identifying suspicious activity in real time with an enterprise transaction monitoring system,” the companies said in a statement on Monday (Nov.

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Risk Management Compliance Financial Systems Leverage 63

PYMNTS

JANUARY 30, 2019

The investigation found that Standard Chartered’s traders used illegal tactics to maximize profits or minimize losses at the expense of the bank’s customers, or customers at other financial institutions (FIs).

Profit and Loss 51

Profit and Loss Foreign Exchange Compliance Auditing 51

PYMNTS

DECEMBER 3, 2020

Kofax's solutions, the release stated, help to boost the speed and ease of processing financial documents and data, including automation of time-consuming manual work and easy ways to connect financial systems. The new solutions will go further toward transforming AP processes with automation.

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Accounts Payable Accounting Invoicing Compliance 69

PYMNTS

SEPTEMBER 11, 2019

Likewise, pilot programs that expose gaps in anti-money laundering compliance programs will not necessarily result in supervisory action with respect to that program,” El-Hindi said. FinCEN also wants to ensure that it is staying on top of regulations when it comes to non-banking financial institutions. “By

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Compliance Prioritization Currencies Financial Systems 46

PYMNTS

SEPTEMBER 17, 2020

Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Integrating financial systems and workflows with document management technology can support automated organization as well as data capture.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

OCTOBER 25, 2016

25) a partnership to integrate its Trusted Digital Identity online fraud prevention and compliance automation platform with Neoway’s Advanced Data solution. IdentityMind Global announced Tuesday (Oct.

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Compliance Financial Systems Banking Technology 72

PYMNTS

NOVEMBER 2, 2020

The ministry’s AML and CFT policies incorporate the suggested policies set by the Financial Action Task Force (FATF) and will be monitored by the Caribbean Financial Action Task Force (CFATF). During phase one, VASPs will have to demonstrate their compliance with these standards, according to the release.

Banking 64

Banking Risk Management Compliance Currencies 64

PYMNTS

SEPTEMBER 23, 2019

. “Criminals have exploited the rigid infrastructure that underpins our global financial system. ” TJ Horan, FICO’s vice president of fraud and compliance products, said the product is something regulators across the globe have been seeking.

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Compliance Leverage Financial Systems Finance 52

PYMNTS

SEPTEMBER 24, 2020

Our role is to harden the financial system against serious crime and terrorism financing and this penalty reflects the serious and systemic nature of Westpac’s non-compliance,” AUSTRAC CEO Nicole Rose said in the press release. I would like to apologise sincerely for the bank’s failings,” King said in a statement. “We

Compliance 46

Compliance Financial Systems Banking Finance 46

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Tax Reporting: For businesses operating internationally, multi-currency account reporting can help simplify tax reporting and compliance.

Currencies 52

Currencies Accounting Risk Management Compliance 52

PYMNTS

AUGUST 21, 2019

With an automated workflow process, the manual approval of invoices is eliminated and strict business rules can be applied to the process for compliance reasons. The Compliance Factor. AP automation solutions help firms manage their financial systems in accordance with the law.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

Michigan CFO

JUNE 7, 2023

Some of their key responsibilities include financial forecasting, budgeting, cash flow management, financial reporting and analysis, advising on financial decisions, collaborating with internal teams, implementing financial systems, and providing insights for growth and profitability.

CFO 52

CFO Problem Solving Budgeting Communication 52

PYMNTS

DECEMBER 28, 2020

The news agency said that while Pan stopped short of calling for Ant’s breakup, officials want the firm to set up a separate holding company to ensure its capital adequacy and regulatory compliance. Read More On Big Tech: Five Ways The Connected Economy And Big Tech Helped U.S.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

Global Finance

OCTOBER 11, 2024

The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.

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Banking Foreign Exchange Profit and Loss Finance 107