What You Need to Know about RegTech
By Reetu Khosla
Compliance and Risk
Yellen: Agencies Exploring Ways to Reduce Capital, Appraisal Burdens
As part of its response to the recently concluded Economic Growth and Regulatory Paperwork Reduction Act review process, the federal...
OCC to Issue ‘Best Practices’ Guidance on AML/BSA Risk Management
In response to the “derisking” trend in anti-money laundering and Bank Secrecy Act compliance, the OCC will soon issue guidance...
CFPB Issues Notice on New URLA Compliance with Reg B
The Consumer Financial Protection Bureau today issued a notice to creditors that the recently redesigned Uniform Residential Loan Application form...
ABA Issues Compliance Checklist, Resource Page for MLA Changes
With the compliance deadline for changes to the Department of Defense’s Military Lending Act rules just a week away, ABA...
New Bill Would Provide Compliance Safe Harbors for Innovation
Under a bill introduced by Rep. Patrick McHenry (R-N.C.) today, companies -- banks and nonbank financial technology firms alike --...
Treasury Sanctions International Payment Processor
The Treasury Department’s Office of Foreign Assets Control today imposed sanctions on international payment processor PacNet and a network of...
ABA Issues Staff Analysis of ADA Web Accessibility Guidelines
ABA today published a members-only staff analysis of the Americans with Disabilities Act’s treatment of website accessibility, outlining the current...
ABA Urges Regulators to Seek Feedback on Proposed Basel Capital Changes
As U.S. regulators consider whether and how to implement a wave of recently proposed revisions to Basel III’s risk-based regulatory...
Senators Challenge Wells Fargo Chief in Hearing
During a Senate Banking Committee hearing today, senators of both parties challenged Wells Fargo Chairman and CEO John Stumpf over...
