ABA: Regulations Should Be Tailored Based on Risk, Business Model

Regulations based on asset size are “inappropriate and needlessly burdensome” for many banks with non-complex business models, and ultimately lead to higher costs and fewer choices for consumers, ABA said in written testimony submitted for a Senate Banking Committee hearing on regulatory relief for midsize and regional banks today.

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In Advance of Committee Vote, ABA Shares Views on Flood Insurance Bills

While ABA supports the broader legislative effort to reauthorize the National Flood Insurance Program and several specific bills, the association today expressed “grave concerns” over certain provisions in the legislative package that the House Financial Services Committee is set to vote on starting tomorrow.

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ABA Announces Three Endorsements at Compliance Conference

ABA today announced three new Endorsed Solutions at the association’s Regulatory Compliance Conference in Orlando, Fla. The new endorsements, made through ABA’s Corporation for American Banking subsidiary, include TILA-RESPA Integrated Disclosure compliance, compliance management software and website accessibility.

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