FDIC Watchdog Highlights Gaps in Banks’ Vendor Contracts
Few banks’ contracts with technology service providers (TSPs) provide sufficient detail about the providers’ business continuity and incident response capabilities...
Compliance and Risk
DOJ Releases ADA Website Accessibility Tools
The Department of Justice recently published an “ADA Best Practices Tool Kit,” which includes website accessibility guidance and a checklist...
ABA, Groups Seek Forbearance on Variation Margin Rule
With a March 1 compliance deadline looming for when swap dealers and major swap participants must exchange variation margin for...
Sen. Rounds Reintroduces ABA, Alliance-Backed Tailored Regulation Bill
Sen. Mike Rounds (R-S.D.) today reintroduced the Senate version of the TAILOR Act (S. 366), which would require financial regulators...
Toomey: Time to Rethink CCAR
In a letter yesterday to Federal Reserve Chair Janet Yellen, Sen. Pat Toomey (R-Pa.) called for the Fed to do...
BAFT Publishes Guidance for Sanctions Compliance
BAFT, ABA’s global transaction banking subsidiary, and The Clearing House have published a guidance paper to help banks comply with...
Avoiding the Website Accessibility Shakedown
Plaintiffs’ lawyers are targeting banks over website accessibility using an informal accessibility standard. Here’s what bank leaders need to know.
Trump Orders Review of Dodd-Frank, Fiduciary Rule
President Trump today issued two orders to reevaluate several provisions of the Dodd-Frank Act and the Department of Labor’s controversial...
Fed, OCC Release 2017 Stress Test Scenarios
The Federal Reserve today released the three economic and financial market scenarios that it will use in the next round...
