What Risk Managers Need to Know about Cloud Migration
Shifting bank technology functions to the cloud has many benefits for banks—but managing the risks requires a different framework.
Compliance and Risk
Agencies Provide Reg O Relief for Certain Fund-Controlled Companies
Noting the growing risk of “sudden and disruptive unwinding” of lending relationships, the federal banking agencies today issued no-action relief...
The Changing Climate of Credit Risk Management
Why credit portfolio managers need to focus more on physical climate risk.
FDIC’s ‘Supervisory Insights’ Highlights CRE Risk Governance
With the volume of commercial real estate loans held by FDIC-insured banks reaching a record of $2.4 trillion in 2019,...
FSB Report Highlights Lack of Comprehensive Data on Leveraged Lending
A recent report by the Basel, Switzerland-based Financial Stability board highlighted significant data gaps that are impeding regulators’ ability to...
Agencies Taking Look Back at Risk Retention Rule
Six federal regulatory agencies are commencing a mandated review of the Dodd-Frank Act’s mortgage risk retention rule, which was finalized...
FSB: Banks Need to Move Now on Post-Libor Plans
Financial firms that have not started their work to transition from the London Interbank Offered Rate and making fallback plans...
SEC Adopts Changes to Security-Based Swaps Rules
The Securities Exchange Commission today finalized a package of proposed changes and guidance related to the regulation of cross-border security-based...
Agencies Find No Deficiencies in Largest Banks’ ‘Living Wills’
The Federal Reserve and FDIC today determined that the nation’s eight largest banks did not have deficiencies in their most...
ABA: Agencies’ Proposed Credit Risk Review Guidance Is Overly Prescriptive
Regulators’ proposed changes to interagency guidance on credit risk review systems are “either too broad or overly prescriptive,” and could...
