RiskTech Forum

Wolters Kluwer: Regulatory & Risk Management Indicator

Posted: 17 June 2013  |  Source: Wolters Kluwer


Wolters Kluwer Financial Service’s Regulatory and Risk Management Indicator measures 10 critical factors that help illustrate the overall level of regulatory and risk management pressures U.S. banks and credit unions face.

These factors include 1) banks and credit unions’ concern over their ability to track regulatory changes; 2) comply with new and existing requirements; 3) prove compliance to federal regulators; and 4) the time and resources they have invested in compliance efforts. The factors also include 5) how effective banks and credit unions feel they are at managing overall risks to their institutions; 6) the involvement, buy-in and ability of the executive team in managing risk; and 7) the time and resources they have invested in managing risk.

For the final three factors of the Indicator formula, Wolters Kluwer Financial Services measures and compares 8) the number of new U.S. banking regulations; 9) the number of enforcement actions taken against banks and credit unions by federal regulators; and 10) the total dollar amount of federal regulatory fines levied against banks and credit unions.

What follows in this report are the results of the Indicator itself as well as the highlights of our findings, including banks and credit unions’ current:

  • Top Compliance Concerns
  • Top Concerns Related to the Dodd-Frank Act and CFPB
  • Greatest Risk Management Concerns
  • Biggest Obstacles to Managing Risk Effectively

Indicator Methodology

Wolters Kluwer Financial Services surveyed nearly 400 banks and credit unions on their most pressing regulatory and risk management concerns in January, and then more than 430 banks and credit unions again at the end of April.
We used the resulting differences along with the changes we monitored in the actual regulatory environment to create the latest Indicator.

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