Financial Services Audit News

Social Media Ruling

Social Media Ruling

New SEC rules say companies and company executives can use social media outlets like Facebook and Twitter to disseminate news.

Unlawful Foreclosures Settlement

Unlawful Foreclosures

Three hundred-plus service members to receive more than $39 million in relief for alleged violations of the Servicemembers Civil Relief Act.

GAO Faults SEC

GAO Faults SEC

An audit of the SEC’s Investor Protection Fund financial statements finds two areas of significant deficiency in its internal controls.

TRIA Set to Expire

TRIA Set to Expire

Extension of the Terrorism Risk Insurance Act, expiring in 2014, faces opposition from the U.S. House Financial Services Committee.

In-Depth Features

Auditing Social Media Risks for Financial Institutions

Internal auditors should pay attention to regulators' guidance addressing social media when assessing their risk management program.

Using Linguistics as a Lie Detector

Learning to listen for distinct speaking patterns and cues can help internal auditors become more effective during their investigations and interviews.

Compliance Corner

Qualified mortgages and repayment ability rules finalized, disparate impact fair lending rules, and regulatory expectations for the internal audit function and outsourcing.

TRAINING OPPORTUNITIES

Topics for the 2013 webinar schedule include updates on the Consumer Financial Protection Bureau, IT governance, compliance, and enterprise risk management. These are free for FSA members; on-demand playback is available.

FSA Buzz

Chairman's Message
& Discussion Board

Read this issue's Chairman's Message or ask questions or share your thoughts about an issue with other FSA members via The IIA's Discussion Board.