Robertson, Boyer receive Distinguished Service Awards for AML/CFT and fraud management
ABA announced that Rebecca “Becky” Schauer Robertson at Blue Ridge Bank and Karen Boyer at M&T Bank have received the...
Compliance and Risk
OCC releases report on alleged ‘debanking’ by large banks
The OCC placed much of the blame on “inexact” reputational risk policies: “This practice infused the value judgments of stakeholders...
Pirro urges bankers to work closely with law enforcement to stop scams
U.S. District Attorney for D.C. Jeanine Pirro urged bankers to be “proactive” and work closely with law enforcement to fight...
ABA, state bankers associations offer recommendations for CRA rules revisions
As banking agencies consider amending the regulations that implement the Community Reinvestment Act, they should preserve the broader framework while...
Bringing AI into banks safely: A framework for boards
Getting the governance model right is what transforms AI from a risk-management concern into an institutional capability.
Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement
The cryptocurrency exchange Coinme has agreed to close down its virtual currency kiosk operations in multiple states as part of...
GAO urges Congress to expand flood insurance coverage for at-risk properties
Approximately 86% of high-risk properties lack National Flood Insurance Program coverage, according to the report.
New survey probes community banks’ plans for digital assets
Double-digit shares of community bankers intend to offer tokenized deposits and stablecoin solutions within the next 12 months, according to...
ABA seeks more coordination among banking agencies in rewriting disclosure rules
As they restructure the processes for making confidential bank information available for public review, regulators should better coordinate their efforts...
Fed to split bank supervision into five regions
The Federal Reserve will divide its bank supervision into five geographic regions rather than splitting it among the 12 Reserve...
