The OCC's decision to remove reputational risk from banks supervision plans means that one of examiners' most effective tools has been stripped away, writes Brett Erickson, of Obsidian Risk Advisors.

Know Your Customer (KYC) isn’t just about compliance. When it goes wrong, it leaves a mark online that’s hard to erase. Fines, regulatory actions, and fraud incidents tied to weak KYC processes often ...

While a product recall brings financial damage, the reputational damage is often far worse. Recalls erode consumer trust, unravel years of brand building and expose systemic failures in leadership.