By Maria L. Murphy2022-11-16T16:33:00
Non-fungible tokens (NFTs) make headlines in areas like artwork, music, sports collectibles, gaming, and event tickets. They give assets’ creators a means to control how assets are used and compensation for that use.
NFTs can take many forms. There are potential business applications already in use, and many more are being developed as technology evolves.
“There is no shortage of hype about NFTs,” said Vikas Agarwal, risk and regulatory financial services leader at PwC. “Our clients are figuring out the use cases and the right methods for their applications.”
2022-12-19T21:40:00Z By Adrianne Appel
The New York State Department of Financial Services issued guidance outlining guidelines banks and financial institutions must follow to engage in virtual currency activities in the state.
2025-10-21T18:18:00Z By Ruth Prickett
Sanctions, tariffs, economic crime, big tech, data privacy, and environmental laws are expanding global compliance risks. Tougher penalties now reach deep into supply chains, making even small suppliers accountable to customers or regulators.
2025-10-20T19:28:00Z By Neil Hodge
Companies face increased risk of cyberattacks, data loss, and even regulatory action because employees are using unapproved “shadow AI” tools to help with work-related tasks.
2025-10-15T19:16:00Z By Ruth Prickett
Auditors are supposed to keep businesses honest, but how much regulation is the optimum for the auditors – and how onerous and punitive should the enforcement regime be? A new consultation by the U.K. regulator, the Financial Reporting Council, opened on Oct. 1 and has put the vexed question of ...
2025-10-07T20:32:00Z By Jaclyn Jaeger
Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.
2025-07-21T14:13:00Z By Aaron Nicodemus
Continuing a Trump administration practice of firing independent regulators, the head of the Public Accounting Oversight Board has been sent packing.
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