Fed Revises Capital Planning Requirements for Banks Under $250B
The Federal Reserve today issued a final rule that will exempt many regional banks from the complex qualitative requirements of...
Compliance and Risk
Trump Issues Order Aiming to Contain Cost, Volume of Regulations
President Trump issued an executive order today aiming to restrain the growth in regulatory costs and volume. The order would...
International Trade Orgs Release Trade Transaction Compliance Guide
BAFT -- ABA’s global transaction banking subsidiary -- and the Wolfsberg Group and the Banking Commission of the International Chamber...
ABA Offers Free Sales, Incentive Compensation Risk Assessment Tool
ABA today released a new members-only tool—the ABA Sales Practice and Incentive Compensation Risk Assessment Matrix—to help member banks assess...
FinCEN Updates List of AML/CFT Jurisdictions
The Financial Crimes Enforcement Network today released a revised list of the jurisdictions that are subject to countermeasures or enhanced...
Reports: Trump Signals Intention to Remove Cordray
A spokesman for President-Elect Donald Trump said yesterday that Trump has interviewed former Rep. Randy Neugebauer (R-Texas) for the post...
SEC: Robo-advice in Regulatory Crosshairs for 2017
The Securities and Exchange Commission will place an increased focus on automated investment advice in 2017, including “robo-advisers,” as part...
OCC Focusing on Sales Oversight at Large Banks
In the wake of the scandal over fake accounts created at Wells Fargo, the OCC has added a strong emphasis...
Nichols Outlines Top Legislative Priorities for 115th Congress
In a letter to congressional leadership today, ABA President and CEO Rob Nichols outlined several pro-growth policy priorities “that will...
CRA Asset-Size Thresholds to Increase Slightly
The asset-size thresholds used to define “small” and “intermediate small” institutions under the Community Reinvestment Act regulations will increase slightly...
