If you're looking for the latest news in the financial-services industry, check out The Balance Sheet. Here you will find updates on financial preparation as well as the latest happenings within the industry and money saving personal finance tips.

The Balance Sheet - Is Your Commercial Customer Involved in Money Laundering?

Jun 13, 2018

Is Your Commercial Customer Involved in Money Laundering? Small and medium-size businesses often play an instrumental role in money-laundering schemes. While your bank likely has a significant investment in transaction surveillance models and support ...

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The Balance Sheet – A Review of the New Tax Law: What Lenders Should Know

Apr 12, 2018

A Review of the New Tax Law: What Lenders Should Know The Tax Cuts and Jobs Act passed in late 2017 with significant implications for businesses. Lenders need to be aware of these changes and understand the potential ramifications for their borrowers ...

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The Balance Sheet - Downgrade of Venezuela Debt Cause for Financial Institutions to Look at their Transfer Risk Methodologies

Feb 15, 2018

Downgrade of Venezuela Debt Cause for Financial Institutions to Look at their Transfer Risk Methodologies Following the downgrade by several rating agencies of Venezuela’s long-term foreign currency debt in late 2017, regulatory focus has understan ...

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The Balance Sheet - Tax Bill Soon to be Signed Into Law, but Some Concerns for Banks Remain

Dec 19, 2017

Tax Bill Soon to be Signed Into Law, but Some Concerns for Banks Remain The tax legislation that has been approved by both the House and Senate, will soon be on President Trump’s desk to sign. Known as the Tax Cuts and Jobs Act, the bill is set to ...

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The Balance Sheet - How to Better Evaluate Borrower Performance

Oct 11, 2017

How to Better Evaluate Borrower Performance Gaining an understanding of the specific accounting methods borrowers use can help lenders better evaluate their borrowers’ financial status and whether they’re generating sufficient revenues ov ...

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The Balance Sheet - It's Time to Revisit the Burdens of SOX

Aug 10, 2017

It’s Time to Revisit the Burdens of SOX During the first six months of President Trump’s administration, the focus on deregulation has been centered on repealing or revamping Dodd-Frank. The rhetoric driving the deregulation push is job creat ...

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