Remove 2022 Remove Regulations Remove Service
article thumbnail

U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient Digital Transformation

This piece was written in collaboration with Chandni Patel, Director of Financial Services and member of Perficient’s Digital Assets Working Group. For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. State Regulations.

article thumbnail

Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets

Perficient Digital Transformation

Recognizing that regulated and non-regulated financial institutions seek to engage in cryptocurrency and crypto asset activities, the three largest federal bank regulators, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, recently issued a joint statement on crypto assets.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Possible Causes of SVB Failure and Predicting the Impact on Regulatory Reporting

Perficient Digital Transformation

We’re putting this into practice and offering our predictions concerning what regulations may arise once the dust has settled. SVB Financial had Tier 1 risk-based capital of 15.40% as of December 31, 2022, over 80% higher than the 8.50% regulatory required ratio. But the fault is the regulators’, right? Short Capital?

Banking 111
article thumbnail

AI Regulations for Financial Services: OCC

Perficient Digital Transformation

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

article thumbnail

Why Aren’t You Hiring Internationally in 2022?

Globalization Partners

Yes, it can be scary navigating international waters, and there are lots of requirements and regulations to deal with, but there are also many solutions designed to make the process easier and smoother. This exposes companies to sanctions and penalties for failing to comply with in-country requirements and regulations.

article thumbnail

What are the Top 5 Offshore Accounting Jobs in 2022

AS White Global

No matter how big or how small your company is, accounting services are essential in supporting the day-to-day operations of your business. Offshoring accounting services provides a myriad of opportunities for your organisation to expand your business whilst addressing concerns on talent shortage, retention, and attrition.

article thumbnail

How ServiceNow Financial Services Operations (FSO) is Revolutionizing the Financial Industry

Perficient Digital Transformation

What is ServiceNow Financial Services Operations (FSO): Financial Services Operations (FSO) is an out-of-box offering by ServiceNow utilizing its existing platform custom-tailored to the use cases for Financial Institutions providing a comprehensive solution for managing operations end-to-end.

Service 111