Compliance Insights: December 2017
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Navigating Compliance Insights: Trends, Sanctions and Accounting Standards
Topics covered in this edition of Compliance Insights include:
(1) Digital Mortgage and Consumer Lending Trends and Innovations: The consumer mortgage market is taking steps now to digitalize operational processes, improve the customer experience and reduce time to close loans.
(2) Guidance Issued Regarding Expanded Russian Sanctions Under CAATSA: In October and November 2017, the U.S. Department of State and OFAC each issued guidance related to CAATSA.
(3) FASB Releases New Lease Accounting Standards: In February 2016, the Financial Accounting Standards Board released a new standard impacting the accounting for leases.