ABA Viewpoint: Modernizing the Basel Committee’s RCAP
It's time to recognize outcomes, not just check boxes.
Compliance and Risk
Labor Department rescinds guidance on crypto and 401ks
The Labor Department rescinded a 2022 compliance release that directed fiduciaries to exercise “extreme care” before adding a cryptocurrency option...
ABA report: Justice Department’s redlining enforcement likely unconstitutional
In recent years, the Department of Justice has targeted banks for alleged racial redlining for conduct that does not constitute...
Reconsideration of value: A critical component of appraisal review
Ensuring appraisals and other types of property valuations are accurate is not just about fair lending.
ABA offers proposals for easing BOI reporting burden on banks
ABA suggested FinCEN make several revisions to its beneficial ownership information rule to ease the burden of its reporting requirements,...
ABA, associations urge SEC to rescind cyber disclosure rule
ABA joined the Bank Policy Institute and three other associations in calling on the SEC to rescind its cyber incident...
EEOC opens collection of EEO-1 data; submission deadline June 24
Survey requires private employers with 100 or more employees and federal contractors with 50 or more employees to submit data...
#PracticeSafeChecks campaign wins two Telly Awards
An ABA public education campaign warning consumers about the risks of check fraud has received two awards for video and...
Harnessing AI for smarter, stronger compliance
Banks that successfully integrate AI into their compliance operations tend to follow the mantra: Automate the process, not the principle.
FDIC provides update on Deposit Insurance Fund restoration
DIF reserve ratio remains on track to reach the statutory minimum of 1.35% by year's end. Also, FDIC will explore...
