Opening the Post-COVID Bank Books
Banks moved heaven and earth to help clients through COVID-19. While examiners are stepping cautiously in exams, bankers must prepare...
Compliance and Risk
CDC Recommends Bank Workers Be in Third Phase of Vaccinations
A panel of the Centers for Disease Control and Prevention today voted to include financial services workers in Phase 1c...
Fed’s Brainard Highlights Need to Understand, Manage Climate Change Risk
Speaking at a virtual industry event today, Federal Reserve Board Governor Lael Brainard highlighted the need to understand risks related...
CFPB Finalizes Rule on Consumer Disclosures Related to Debt Collection
The Consumer Financial Protection Bureau today finalized the second part of its debt collection rule, which covers disclosures that debt...
Breathing Easy, from A to C
When fighting an airborne virus, air flow and filtration are building blocks for getting back to work.
OCC Proposes to Allow Exemptions from SAR Requirements
To help banks develop more efficient and effective Bank Secrecy Act compliance programs, the OCC has issued a proposal that...
Compliance Priorities for 2021
In light of the challenges throughout 2020, a high compliance priority will be ensuring that your interactions with your borrowers...
GAO: Leveraged Lending Not a Significant Risk
While financial regulators flagged an increase in leveraged lending prior to the outbreak of COVID-19, a new report from the...
Small Biz Panel to CFPB: Prioritize Simplicity, Consistency in Section 1071 Rules
Small entities expected to be affected by the Consumer Financial Protection Bureau’s Dodd-Frank Section 1071 rulemaking recommended that the CFPB...
FDIC Issues Proposal to Allow Exemptions from SAR Requirements
To help banks develop more efficient and effective Bank Secrecy Act compliance programs, the FDIC today issued a proposal that...
