ABA submits recommendations for easing regulatory burden on banks
As part of a congressionally mandated review of regulation by federal agencies, ABA submitted a list of recommendations to reduce ...
Tag: Regulatory burden
Sen. Budd calls for federal preemption of AI regulation
As banks expand their deployment of artificial intelligence tools, Sen. Ted Budd (R-N.C.) called for federal regulation to preempt state ...
OCC’s Gould outlines agency actions to aid community banking
Comptroller of the Currency Jonathan Gould said his focus as a banking regulator is to correct the regulatory overreach that ...
Nichols: Three ways ABA is ‘building a better future’ for banks
At the ABA Annual Convention, ABA President and CEO Rob Nichols flagged three key ways the association is working “to ...
Nichols: Change is coming for compliance regulation
“Change is in the air” with respect to federal banking regulation, and that change has been overwhelmingly positive, ABA President ...
Bankers stress need for community bank leverage ratio reform
Community bankers gathered at the Federal Reserve to talk about the challenges facing their sector, with some proposing it is ...
OCC to ease examination, licensing requirements for community banks
The OCC announced several actions to reduce the regulatory burden on community banks by tailoring the frequency and scope of ...
FinCEN seeks public input on Section 314(a) reporting burden
FinCEN is seeking public comment on the reporting burden under its Section 314(a) regulations, which require financial institutions to search ...
ABA supports creation of independent office to oversee FDIC supervisory appeals
A proposal to create an independent office at the FDIC to oversee bank appeals of its supervisory decisions would serve ...
OCC’s Gould: Bank regulation should not distract banks from business challenges
The OCC will seek to ease the regulatory and supervisory burden on banks so their management can focus on their ...
