The OCC today updated its Comptroller’s Handbook guidance on trade finance and services, consolidating three previous booklets issued in 1994, 1998 and 1999. The new booklet covers exam procedures, types of trade finance products OCC-supervised banks may offer and risks associated with trade finance and services.
Banking sector, regulators announce joint effort to address AI risks
Banking industry and Treasury Department representatives came together at ABA's headquarters in Washington, D.C., to announce the next steps in...