DOJ: Overseas Banks Must Share AML Information with U.S. Branches
Foreign banking organizations with U.S. operations need to ensure that their foreign operations are in compliance with U.S. anti-money laundering...
Policy
Treasury’s Szubin: Banks Must Make ‘Conscientious’ Derisking Decisions
Banks and regulators have a “shared responsibility to expand access to the financial system while protecting it from illicit activity,”...
FinCEN ‘Thinking More Creatively’ in Exercising Statutory Authority
As the Financial Crimes Enforcement Network works to ensure that the financial system that is resistant to abuse and able...
ABA Urges Clarifications in Uninsured Bank Resolution Proposal
ABA today urged the OCC to keep in mind the fundamentally different business models of uninsured trust and fiduciary banks...
ABA Supports Bipartisan Reciprocal Deposit Bill
ABA today wrote to members of the Senate Banking, Housing and Urban Affairs Committee in support of S. 3373, a...
ABA Analyzes What GOP Congress, Trump Victory Mean for Bankers
ABA’s government relations team has prepared an analysis of how Donald Trump’s presidential win and the continuing Republican majorities in...
How the 2016 Elections Will Impact Banking
An analysis from ABA's government relations team.
Trump Wins White House; Republicans Hold Congress
In a historic first and a turn of events unanticipated by most polls and election analysts, Donald Trump won the...
Fed Q&A Interprets Durbin Amendment Routing on EMV
Under the Durbin Amendment, card networks cannot require merchants to allow debit cardholders to choose EMV chip application when one...
Curry: Potential Fintech Charter Would Have Bank-Like Standards
Should the OCC decide to grant a federal charter to nonbank fintech companies, as many have suggested and speculated, the...
