Tag Archives: risk management

ABA Applauds Proposed Revisions to Consumer Compliance Rating System

ABA today expressed support for proposed revisions to the Federal Financial Institutions Examinations Council’s Consumer Compliance Rating System that reflect the significant regulatory, supervisory, technological and market changes that have occurred since the FFIEC adopted the existing consumer compliance evaluation process in 1980.

Read More »

FBI: Bank Robberies Rise in 2015

Bank robberies rose by 3.5 percent in 2015, according to the Federal Bureau of Investigation’s recently released Bank Crime Statistics report. Robberies accounted for 98.5 percent of covered thefts from depository institutions.

Read More »

FSOC Highlights Risks of Blockchain, Marketplace Lending

In its annual report and during its public session yesterday, the Financial Stability Oversight Council trained scrutiny on the potential risks posed by the growing use of new financial products and delivery mechanisms, including marketplace lending and distributed ledger or blockchain technology.

Read More »

ABA to Launch ERM Professional Development Program

ABA will partner with the University of Maryland’s Robert H. Smith School of Business to present a new advanced enterprise risk management professional development program designed for senior risk management professionals across the banking industry.

Read More »

Fed Proposes Limits on Qualified Financial Contracts

The Federal Reserve today proposed a rule that would establish restrictions on qualified financial contracts -- such as derivative transactions, repurchase agreements, reverse repurchase agreements, and securities lending and borrowing agreements -- of U.S. global systemically important banks and the U.S. operations of foreign G-SIBs.

Read More »