Building successful careers in bank risk and compliance (part 2)

Noting more than half of recent bank charter applications received by his agency involve digital assets, Comptroller of the Currency Jonathan Gould said his job isn’t about “incumbent protection” but rather preserving the integrity of the banking system.

The Equal Employment Opportunity Commission proposed to eliminate the EEO-1 reporting requirement for the annual submission of demographic data on employees. The agency said it estimates the EEO-1 data collection imposes $275 million in annual costs on covered...

The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Mississippi and West Virginia affected by severe storms.

As regulators weigh changes to the CAMELS rating system, ABA said it supports revisions that prioritize safety and soundness but believes further changes should be made to make ratings more objective and predictable.

The Treasury Department released proposed rulemaking to require digital asset providers to obtain a federal or state license before issuing payment stablecoins, as required by the Genius Act.

Eight-seven percent of small business owners believe a cyberattack could have severe financial consequences, with 84% believing it could damage their customer relationships.