Tag Archives: risk management

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.

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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.

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Goodbye, Silos

How banks can reshape their cultures to take compliance from a back-office task silo to a pervasive set of behaviors and beliefs.

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OCC: Technology Must Not Impede Regulator Access to Records

The OCC today reminded banks of their obligation to provide regulators full and unimpeded access to their books and records, and that use of technological features like encryption or data deletion to limit examiner access is inconsistent with the agency’s supervisory expectations.

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ABA Leads Basel Discussion on ‘Step-In’ Risk

In coordination with international trade associations, earlier this week ABA led a delegation of U.S. banks to a Basel Committee on Banking Supervision meeting on the committee’s “step-in risk” proposal, which the committee intends to address the risk that a bank would provide non-contractual financial support to nonbank financial entities.

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Sens. Cruz, Lee Introduce ABA-Backed Anti-‘Choke Point’ Bill

Sens. Ted Cruz (R-Texas) and Mike Lee (R-Utah) yesterday introduced an ABA-supported bill intended to rein in the Justice Department’s Operation Choke Point, which sought to curtail disfavored businesses by working through regulators to pressure financial institutions to end customer relationships with these businesses.

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