While directors should be continually asking why, they should also stay out of daily operations.
Continuity Control webinar says while compliance cooled in the second half of 2013, it's heating up again this year.
An April 10 webinar from tech firm Continuity Control reveals more enforcement actions and examiners focused on boards.
In contrast to current meteorological trends, predictions for the coming regulatory climate, according to one consultant, show escalating temperatures with little chance of relief.
Continuity Control's Perdue says nearly 12% of community financial institutions facing reg action of some kind.
Continuity Control consultant sees scrutiny moving downstream to smaller financial institutions.
Compliance management solutions provider Continuity Control has acquired two other firms and added their senior managers to its team.