Join RSM to gain a better understanding of digital and the operational benefits of having a secure, data-driven financial institution.
Join RSM to gain a better understanding of digital and the operational benefits of having a secure, data-driven financial institution.
Per the CCSH publication by the FDIC, 99% of all FDIC-supervised institutions were rated satisfactory or better for consumer compliance.
The Financial Crimes Enforcement Network (FinCEN) announced the renewal of its Geographic Targeting Orders (GTOs).
The recent supervisory guidance on the model risk management for bank systems supporting BSA/AML compliance and key points of consideration.
Build your foundation of understanding about the complexities of VAT and GST and the impact they can have on U.S. multinational businesses.
Insurance technology has long been causing disruption by streamlining traditional insurance functions. Now, insurtech is driving growth.
Join RSM on Wednesday, June 23 for a live webcast discussing the impact of digital assets on financial institutions.
In a new IRS Legal Memo, the IRS opines that most pre-TCJA exchanges of one cryptocurrency for another did not qualify for gain deferral.
Digital assets may be impacted by value added tax and digital services tax implemented by various jurisdictions.
The last year brought many swift and unexpected changes in how consumers and businesses make their financial transactions.
Executive teams at traditional banks must learn to understand how to best be prepared for the future of banking.
Join RSM and Chatham Financial for a live 90-minute webcast on hedge accounting opportunities and challenges for financial institutions.
Outsourcing in financial services can free up internal resources and keep your financial services institution more competitive.
RO certifications for the Dec. 31, 2020 period are due July 1, 2021. RSM can assist ROs with this and other FATCA compliance requirements.
Financial technology innovations take a front seat in transforming the often-misunderstood specialty finance sector.
The Supreme Court ruled that a challenge to micro-captive insurance reporting requirements was not barred by the Anti-Injunction Act.
As competition in the insurance space will expands beyond traditional carriers, it is critical for insurance businesses to evolve digitally.
Join RSM and Bank Director for a webcast on the current state and the future of digital assets financial institutions.
The newly enacted optional tax may provide significant opportunity to taxpayers, and in particular, owners of financial service firms.
The proliferation of digital assets has raised a host of new issues for banks and other financial institutions.
Jerry Nickelsburg of UCLA Anderson Forecast and Joe Brusuelas of RSM discuss the coming expansion and what it means for the middle market.
After 17 months of internal discussions, the German administration approved a draft bill to implement the EU Anti-Tax Avoidance Directives.
U.S. private equity and venture capital funds with German investors have an additional 6 months to file German partnership returns for 2019.
The Financial Crimes Enforcement Network (FinCEN) announces several key leadership changes for the bureau. Learn more.
With the extension of the PPP application, lenders should continue to be vigilant about the increased risk of fraud.
Join RSM and UCLA on this webcast to discuss what the pandemic economic fiscal package means for corporate America.
The SEC Division of Examinations recently issued a Risk Alert regarding compliance practices for digital asset securities.
RSM has created a proven methodology to identify and act on emerging risks throughout a bank’s portfolio. It’s done with machine learning.
With the economy on the verge of robust expansion, banking organizations can help businesses grow and benefit themselves.
Investment partnerships face a complex landscape when it comes to tax compliance. The solution lies in partnership tax technology.
Understanding the ins and outs of the USA Patriot Act section 314 and how it can benefit your anti-money laundering program.
Bill would treat carried interest as ordinary income and subject to it to self-employment tax, regardless of the holding period.
Auto financing is a competitive field. Understand how your organization can stand out and why a service-oriented organization is critical.
The German Ministry of Finance has released new guidance clarifying withholding treatment of IP registered in Germany.
The SEC recently extended its annual reports filing deadline by 30 days for broker-dealers that meet certain requirements.
A look at the changing regulatory landscape for the financial services industry under the Biden administration.
Brexit was signed on Dec. 31, bringing some degree of resolution but leaving many questions for the financial services industry.
The Anti-Fraud Collaboration recently analyzed SEC enforcement actions regarding financial statement fraud schemes.
UK government provides relief from DAC6, reducing the scope of reporting for UK intermediaries with cross-border transactions.
Coronavirus: Paycheck Protection Program forgiveness digital automation solutions designed for financial institutions.
In this short video, we bring you up to date on the final carried interest regulations and give guidance on actions fund managers may take.
RSM US is helping financial institutions manage borrowers’ requests for loan forgiveness under the Paycheck Protection Program.
Trends influencing the asset management industry: RSM identifies 10 key trends shaping the asset management industry of the future.
A look at the impact of Brexit on tax treaties and on the operation of tax law internationally in the new year.
Sheltered Harbor Data Protected Certification allows for robust protection and restoration just when needed.
Asset managers adapt to the world of ESG investing as clients demand accountability on their investments’ impact.
Join leaders from RSM’s financial institutions practice on this webcast for a year-end accounting and tax issues update.
Asset managers face unique challenges incorporating digital assets into their portfolios – but it can be done.
An updated AICPA guide addresses the unique aspects of the preparation and auditing of financial institution financial statements.
After a quiet period set off by the coronavirus pandemic, private equity deal activity in the United States surged through mid-November
An improved customer claim journey can unlock a competitive advantage for insurers and win new business. Learn how here.
Biden’s victory will inevitably lead to changes at the top of key regulatory agencies, which will help him push his regulatory agenda.
Middle market consumer loan companies and loan servicers will most likely face a dramatically different regulatory environment.
With Biden’s big-ticket items such as tax changes almost certainly off the table, the focus of banking will shift to regulation.
Cayman Islands just launched its new DITC portal and extended the due date for filing FATCA and CRS reports to Dec. 16, 2020.
Final section 864(c)(8) regulations clarify rules for foreign partners with ECI from transfers of partnership interests.
With the election approaching, RSM is looking at the economic stakes and the key issues for capital markets.
With the election approaching, RSM is looking at the economic stakes and the key issues for the banking industry.
With the election approaching, RSM is looking at the economic stakes and the key issues for the consumer products industry.
GP stakes investments—wherein investors acquire a minority interest in asset managers’ firms—continue to attract interest.
From raising capital to transitioning to a fund, this three-part series provides everything you need to know about independent sponsors.
IRS has issued two campaigns for Life Insurers and issues regulations on the calculation of life insurance reserves under section 807(d).
Hedge fund managers face a challenging environment as they pursue risk-adjusted returns. A key will be to hedge against volatility.
RSM is pleased to offer a three-part webcast series exploring how family offices can take a holistic approach to technology ecosystems.
A chief financial officer at a privately held auto financing company discusses his firm’s efforts in digital transformation.
Changing regulations and a digital shift have led to profound changes in the way specialty finance companies interact with consumers.
Recently, actively managed funds have outperformed passively managed. Is this a cyclical pattern or is active investing the new normal?
The shift to remote work has exposed the financial services industry cybersecurity programs to new compliance risks. Do you know yours?
The IASB’s recent amendments address the transition to alternative interest rate benchmarks as a result of benchmark reform.
Join RSM and Ravinia Capital on September 10 to review the outlook for acquisitions, lending and distressed deal activity.
We have updated our white paper, which provides an overview of lessor accounting under ASC 842 for financial institutions.
IRS releases a statement announcing that the application period for the CAP program is now open to qualifying corporations for 2021.
Our summary highlights several regulations affecting broker-dealers that recently have been issued or updated.
The U.S. Department of Labor has issued necessary regulations for service providers that want to offer PEP arrangements to their clients.
The IRS updated taxpayers on its operations status and recognized the delays in processing check payments due on July 15, 2020.
This webcast will discuss carried interest regulations and what the proposed rules mean for investment fund managers.
What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.
This alternative form of investing in the private funds industry bets on the success and growth of an asset manager’s investment firm.
Proposed carried interest regulations are mostly as expected with a few new items and detailed computational rules.
Data-driven economic insights and outlooks for a variety of family offices provided by RSM US LLP senior analysts.
How can financial institutions meet the challenge of the rapidly changing digital landscape? RSM surveyed executives for their insights.
Understand financial indicators and red flags of COVID-19 fraud schemes to protect your institution and customer base.
Boards should ensure all key players have the time and information to perform their financial reporting oversight responsibilities.
Changes to NOL rules under the TCJA and CARES Act are implemented for consolidated corporate groups under new proposed regulations.
DOL proposes prohibited transaction exemption for Financial Institutions and Investment Professionals providing advice to participants.
RSM can help financial service organizations stay ahead of regulatory and technology changes by creating more efficient AML programs.
RSM is pleased to provide a series of webcast discussions that will drill into the operational planning perspective family offices now face.
Use of subscription lines has long been a feature of private equity, but a marked increased triggers calls for enhanced disclosure.
In the midst of pandemic and social unrest, companies can make lasting change. This commitment is facing perhaps its greatest test yet.
RSM brings insights to financial institutions on the Main Street Lending Program and the Paycheck Protection Program.
The recent IRS Notice provides relief in the form of flexibility for investment timing and testing periods for QOFs and their investors.
Coronavirus: Paycheck Protection Program forgiveness digital automation solutions designed for financial institutions.
Open banking is a regulatory framework that guides how financial institutions create, share and access consumer financial data.
Here are five lasting changes for private equity firms that will follow COVID-19 and how deal-making will go on—it just may look different.
Investigations conducted by Swedish and Estonian authorities identify significant deficiencies in AML operations of Swedbank.
Examination manual updates are designed to help institutions measure the adequacy of BSA/AML compliance programs.
Consumer Financial Protection Bureau is amending Regulation C to increase the threshold for reporting data about closed-end mortgage loans.
On the heels of a financial crisis, Fed removes withdrawal limits completely to ease customers’ access to their funds
As the Main Street Lending program rolls out, family offices that are eligible must consider pitfalls of borrowing one.
Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.
Since the World Health Organization declared COVID-19 a global pandemic, scammers are taking advantage of financial institutions.
The CARES Act includes beneficial tax relief. Coupled with sophisticated planning, now is the time to revisit your individual tax strategy.
The U.S., Cayman, and other jurisdictions extend deadlines for filing FATCA and CRS reports, but exams and compliance programs continue.
Securities and Exchange Commission has provided some relief to regulated investment companies, but Internal Revenue Service has yet to act.
The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.
Taxpayers should contact their tax professionals to proactively discuss documentation needed to withstand IRS scrutiny.
Corporate taxpayers filing a consolidated return have an added layer of rules to navigate when carrying back a net operating loss.
The five-year carryback rule applies to insurance companies, both life and non-life, although both categories are singled out in the Act.
The IRS provided long-awaited guidance for taxpayers anxious to take advantage of the NOL provisions in the CARES Act.
Recent guidance provides that certain deadlines, including the allowable time to invest in a QOF, are now extended because of COVID-19.
The IRS issued guidance extending the time for taxpayers to file certain Form 3115s and Form 1128s to July 15, 2020.
As businesses renegotiate debts in the aftermath of COVID-19, it is critical to understand whether the debt is considered publicly traded.
State tax cash-flow maximization and risk minimization are available for private equity groups and their portfolio companies.
Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
The $349 billion Paycheck Protection Program is meant to give relief to small businesses and encourage them to keep employees on payroll.
As companies seek sources of financial relief from coronavirus pandemic, learn these key considerations in claiming business losses.
RSM enabled First Federal Credit Union to concentrate on its core business with a modern, efficient and secure managed IT services platform.
Financial services businesses providing software and services to Illinois customers may have multiple transaction tax obligations.
As the human and economic toll of coronavirus mounts, no sector of the economy has been immune from a downturn, including family offices.
An interagency policy statement has been issued in response to the issuance of FASB Accounting Standards Update 2016-13
U.S. investment funds, banks and other FIs with foreign investors may need to remediate volumes of tax withholding certificates.
RSM’s digital transformation survey offers key insight into how bank executives are approaching digital transformation.
Attend our happy hour with fellow private equity, venture capital and other financial service professionals.
Join leaders from RSM’s asset management practice for an overview of the pressing accounting and tax issues you need to know about now.
If adopted, the accredited investor definition will be a test family office investors will need to pass before investing in private markets.
Department issued compliance alert explains the sales and use tax collection responsibilities for marketplace facilitators and sellers.
Recent regulatory violations and concerns should lead financial institutions to be proactive in reviewing flood insurance policies.
Risk Consulting Director Cameron Jones provides personal reflection and repertoire from the trenches of 24+ years of financial crime work.
In the wake of a tech giant’s violations, the importance and impact of a sanctions screening program for nonbanks should be overlooked
Join leaders from RSM’s banking practice for an overview of findings from our recent digital transformation survey.
Fund management companies face difficult challenges in determining their state income tax filing obligations and apportionment rules.
Corporate income tax regulations provide procedures for pass-through entities to elect to be taxed as C corporations.
Holders of IRAs may need to withhold 10% federal tax and file Form 1099-R when escheating certain IRA distributions.
Learn about the tax opportunities and challenges facing private equity and hedge fund owners which should be revisited in 2020.
Illicit Cash Act, Sanctions and Artificial Intelligence are among RSM's key takeaways from the ABA financial Crimes conference.
New tax laws and industry trends create planning opportunities for fund owners and management firms in the year ahead.
Some hedge fund managers are making the move to restructure their wealth as a family office; however, there are key areas to consider.
The Michigan Department of Treasury issued a letter ruling detailing the sales tax treatment of various information services.
Favorable rule for corporate stock acquisitions where life insurance contracts are less than 50 percent of the target corporation’s assets.
FASB votes to defer the effective dates of leases, CECL and hedging for certain entities and insurance for all entities.
A panel of private equity deal experts address Q3 deal activity and share thoughts on investment opportunities in financial services.
Ensure all of your OFAC framework meets sanctions and compliance expectations. Use these 5 tips to streamline the process.
Financial institutions have invested a significant amount of time and resources into developing their cybersecurity resiliency.
Overcoming labor challenges while addressing emerging risks such as cybersecurity for midsized financial institutions.
Information about the LIBOR phase out, identification of replacement rates and resultant operational and accounting considerations.
How reducing client cyber-risks can strengthen bank operations. Financial institutions have an uphill climb when it comes to cybersecurity.
This infographic provides the key take-aways from the 2019 Trends in Business Development Companies event hosted by RSM, Nasdaq and SBIA.
A recent FDIC rule addresses the reporting requirements related to risk-based capital ratios for certain community banks.
RSM’s comprehensive, scalable managed services solution helps Bridgeway Capital Management leverage technology as a strategic resource.
From taxation complexity to understanding cyberthreats, what are today’s top five concerns for family offices?
Join leaders from RSM and MoFo as we engage in a discussion about OFAC's newly released framework for compliance.
Financial institutions are finding themselves in difficult position as their customers become targets of business takeover attacks.
The amount of wealth managed by family offices continues to grow as more families sell out their founding businesses.
The FASB has proposed providing additional time to apply its accounting guidance for long-duration insurance contracts.
The IRS has issued three revenue procedures in the last 30 days to provide guidance to streamline tax accounting method changes.
Join RSM for the Financial Institutions Forum, a full-day CPE conference focused on financial institutions issues on Thursday, Aug. 8, 2019
The SEC recently issued a clarification to the single issuer exemption for broker-dealers, which is effective August 13, 2019.
Join your peers for a content-rich panel and networking cocktail reception on an outdoor terrace overlooking Times Square!
What broker-dealers need to know about the extension of time to implement amendments that the SEC approved to Rule 606 of NMS?
What should broker-dealers and investment advisers know ahead of SEC examinations of Regulatory S-P privacy notices and safeguard policies?
Everything you need to know about FINRA's recent suspicions activity monitoring and reporting under Rule 3310
FinCEN penalized a cryptocurrency exchanger; review the violations and determine if your institution is prepared for cryptocurrency risks.
RSM will discuss the issues that have plagued the CDD regulation and how banks and credit unions have adjusted to ensure compliance.
Compare your anti-money laundering program to that of your peers with RSM's best practice and benchmarking report
Access RSM's latest research on how financial institutions are responding to anti-money laundering (AML) program requirements.
How is your fund doing driving its ESG strategy? Attend this complimentary webcast on April 10 to find out more.
Is your company ready for an IPO? Attend this webcast for accounting, tax and financial reporting perspective.
Learn how cyberthreat intelligence will provide financial institutions with a deeper understanding of potential threats.
Join RSM’s financial institutions technology consultants, and learn best practices to address technology risks and challenges.
Digital assets like cryptocurrencies are a new asset class with a volatility and global availability that excite the investment community.
Technology leaders are charged with aligning bank infrastructure to adapt quickly to continual industry and organizational changes.
Wearable tech’s transformative power promotes healthy lifestyles, lowers insurance coverage spending and increases employee engagement.
Many funds have relied on the current value method for valuing their portfolios, but the new AICPA guidance may challenge that approach.
Insurance companies that issue or underwrite covered products are held responsible for compliance with anti-money laundering regulations.
Join our complimentary webcast on Feb. 19. to craft a successful fintech partnership and avoid disappointment.
On Friday, January 29, 2019, the Treasury Department and the IRS issued proposed regulation section 1.199A-3(d)
Infographic examines five key risk areas banks should address when acquiring or partnering with fintech companies or third parties.
Planning is essential when it comes to partnering with or acquiring fintech services. Tips for financial institutions to consider
Three important questions every community bank CEO should consider when competing or partnering with fintechs.
Participants at our 10th Annual RSM New York Investment Industry Summit gained insights on new opportunity zone tax incentives
A white paper about how asset managers may be affected by the new revenue recognition guidance in ASC 606 and cost guidance in ASC 340-40.
Co-investment has long been a feature of private equity buyout transactions and lately has been increasing in popularity.
Learn what private equity/venture capital funds, investment companies need to know about accounting and valuation of portfolio companies.
Join RSM to learn how implementing Auditor Assistant can help you to be a strategic partner to your audit committee.
Our industry insider shares the impact of cyberthreats, blockchain and what’s in store for future financial services organizations.
In a Q/A format, get insights on the impact of fintech in financial services and what it means for the future.
Legacy financial services must respond to fintech rivals by understanding advantages, planning acquisitions or mimicking services.
While blockchain is currently one of the most-hyped technologies, there are important issues to consider before implementation.
Understand what makes your anti-money laundering (AML) system a beautiful model in the eyes of your regulator.
RSM explains what the NAIC Insurance Data Security Model Law means and how your organization can take steps to prepare early.
Technology is driving a wave of disruption. Learn how technology is reshaping the way financial services are being delivered and consumed.
The May 11 deadline to comply with FinCEN’s final rule on customer due diligence is rapidly approaching. Will you be ready?
How will the new Financial Accounting Standards Board credit losses affect insurers? Primarily, the provisions require new disclosures.
Learn how the recent tax reform affects executives, founders and general partners of alternative investment fund structures.
Join us for the webcast on Feb. 13 to learn how you can transform you finance department with today’s best practices.
Learn how RSM’s technical and financial services industry knowledge helped a BDC navigate their valuation prior to listing on the NASDAQ.
An article with information about interagency guidance issued by banking regulators related to the Tax Cuts and Jobs Act.
Financial institutions must consider multiple factors to determine when they should consider moving their IT infrastructure to the cloud.
Learn how RSM helped a bank perform due diligence and valuation during a major acquisition, and manage IT and telecommunications challenges.
RSM addresses an additional challenge regarding mortgage disclosure regulations and significant changes to HMDA guidelines. Learn more.
Tax reform is top of mind. Private equity funds and general partners face some big changes to the U.S. tax regime in 2018.
If adopted early, FASB’s new credit impairment model, or CECL, could have a significant effect on specialty lenders as soon as 2019.
Cryptocurrency—What is it and where is it going? How is it being used today? Join us for a webcast on Nov. 9 to find out more.
Staying ahead of the curve on cybersecurity is no easy feat, especially as hacking methods grow ever more insidious.
Cloud technologies continue to evolve and offer more complex solutions. Learn the benefits, philosophies and considerations behind each.
Financial services organizations can increase efficiency by outsourcing technology, internal audit and internal investigation processes.
Those in an oversight role of an insurer’s reinsurance program must be mindful of its evolving nature and risks. Learn key considerations.
Taxpayer recognized no gain when its obligation to deliver shares was delayed; application of decision to other contracts may be limited.
Learn what financial institutions need to know to comply with the Common Reporting Standard and the Foreign Account Tax Compliance Act.
This webcast examined risk management strategies designed to help preserve your wealth for future generations.
By effectively tracking and presenting your performance history, you can build a vital competitive edge when competing for new investors.
Join RSM’s experts for a one-hour webcast on February 8 to learn key cybersecurity and capital raising issues for hedge funds in 2017.
Learn the top strategic issues facing financial institutions in 2017, including regulatory, AML, cybersecurity and other concerns.
Learn how a CIO can help to ensure compliance and increase security and efficiency for a financial institution’s IT environment.
Join RSM to learn the latest on Title 31 anti-money laundering compliance for the gaming industry.
Advance tax planning can maximize shareholder value and help avoid any tax pitfalls or unnecessary marks to your purchase price.
Carried interest is always a hot topic in partnership taxation. Is change coming and, if so, what might it look like?
Understand the risks associated with valuing carried interest transfers and interest income valuation for transferring carried interests.
Finance and accounting outsourcing decreases costs for transactional and strategic functions while enhancing processes and controls.
Strategic and accounting issues that first-out and last-out arrangements raise for BDCs making loan transfers.
The enterprise risk management requirements under ORSA are new. Learn how to evaluate your ERM practices and develop an ORSA-compliant program.
An insurance underwriter turned to RSM to investigate suspicious activity related to inconsistent reporting and unexpected operating results.
An overview of accounting issues in insurance business combinations comparing statutory accounting and GAAP treatment.
Learn how the details affect price in cash-free, debt-free deals.
A recent court decision may help quantify the level of trading a hedge fund needs in order to establish trade or business status.
McGladrey LLP recently announced that Matt Reynolds has joined the firm as Director of Financial Services, effective Nov. 18.
On Dec. 2, 2012, the NAIC Executive/Plenary Committee (the Committee) approved a new Valuation Manual that supports a principles-based reserving ...
A plain-English explanation of the accounting for a business combination accompanied by detailed examples, illustrations and checklists.
A summary of how entities in the insurance industry may be affected by the new revenue recognition guidance upon its adoption.
Proactive approach to anti-money laundering enforcement action and remediation from review of program design to investigations
How financial institutions can gain comfort that the internal audit provides appropriate testing of their BSA/AML function and activities.
This resource center provides insightful knowledge, recent developments and practice issues related to the insurance industry.
This guide will help your stakeholders determine if an IPO is the right path for your company by addressing some basic questions.
Cryptocurrencies are a new asset class with a volatility and global availability that excites the investment community.
Gain insights about the latest AML and regulatory compliance updates and how they affect the banking and investment industries.
SEC auditor independence considerations for private equity funds with a registered investment adviser or an initial public offering.
This financial reporting resource center contains articles and related insights on financial services accounting topics.
Buyers considering speciality lenders should focus on allowance for loan losses.
Learn about the new Bank Secrecy Act and anti-money laundering rules that investment advisers will soon be facing.
With an increase in data breaches, organizations are seeing a significant rise in e-check fraud. RSM discusses how to mitigate the risk.
Utilize RSM's credit risk services to help assess your institution credit risk and make informed decisions regarding your credit risk level.
Model risk management and validation to assess your AML program in compliance with detecting and reporting suspicious activity.
Our summer financial services outlook focuses on bank branch strategies, solar financing, “buy now, pay later,” investment trends and more.
Learn about the impact environmental, social and governance (ESG) practices are having on today's middle market.
CSO had to adjust as dealerships and bankers closed their doors, yet found a way to serve its policyholders, agents and employees.
Horizon is one of the largest public companies in Indiana. Despite the pandemic, this financial institution is focused on growth.
RSM's latest perspectives on the financial services industry: banking, capital markets, fintech, insurance, specialty finance and more.
The regulatory environment and the operational and security risks are vitally important when investing in crpytocurrencies.
Our white paper explains when a financial institution is covered by FDICIA, its key provisions and the key components of FDICIA readiness.
A watchful eye on data security and a commitment to systems improvement is the name of the cybersecurity game for financial services.
It is important to select an appropriate PCAOB registered and inspected independent accounting firm to conduct the surprise examination.
From fintech to blockchain, learn how technology and innovation are transforming financial services to meet consumer and industry needs.