Private Equity Must Focus on Cybersecurity Defenses
PE firms are enhancing their pre-acquisition due diligence efforts to gauge a portfolio company’s current cybersecurity maturity and to identify gaps and weaknesses exposing them to the risk of cyberattacks.
Digital Transformation: From Wall Street to Main Street
Digital transformation across business functions, including in client servicing delivery from Wall Street to Main Street is not an option. It is survival.
Surprised by a Form 1099-K? Here’s What You Should Know
Many U.S. taxpayers may have recently received a Form 1099-K. This article will provide guidance on the potential tax consequences for online marketplace sellers. Learn more.
The End of the National Emergency Declaration
On January 30, 2023, the Biden Administration announced its intent to end the National Emergency Declaration on May 11, 2023. Learn more.
With Your Own Eyes: Grantee Site Visits
A private foundation will conduct site visits to help make key funding decisions during the grant inquiry/proposal stage.
CFPB’s Advisory Opinion on Application of RESPA Section 8
If you and/or your business provides service(s) on the settlement of an approved residential home purchase, you are going to want to ensure that you are in conformity with the Real Estate Settlement Procedures Act (RESPA).
Cyber Roundup – March 2023
Businesses continue to be held accountable for their failures to protect against electronic intrusive breaches to their data.
Mitigating Solvency Risk with Enhanced Treasury Management Oversight and Due Diligence
Venture capital and private equity firms, along with other organizations, are putting added emphasis on reviewing their own treasury management policies and procedures in order to safeguard their capital.
FINRA Provides Guidance for Broker-Dealers in Wake of Recent Bank Failures
By Harley Aronoff, Partner; Rachel DiDio, Partner; Vic Peña, Partner and Anthony Sebastiani, Supervisor The recent failures of Silicon Valley Bank […]
Recent Banking Uncertainty Underscores Need for a Treasury Management Gap Analysis
Recent Silicon Valley Bank and Signature Bank events leading to uncertainty in the middle-market banking space is creating the need for a renewed focus on treasury management and related risk management.
IRS Proposed Rule: Forfeitures in Retirement Plans
The IRS released a proposed rule on the use and timing of forfeitures in retirement plans.
Protecting Your Business from Cyber Fraud During a Financial Crisis
There are a significant number of questions that still have to be answered; however, there is one certainty – cybercriminals are opportunists and will leverage the recent banking collapse to their advantage.