Healy Recognized with Distinguished Service Award
Thomas Healy, CRCM and VP, enterprise compliance at USAA, received the Distinguished Service Award for compliance during ABA’s Risk and...
Compliance and Risk
Nichols Calls on Bankers to Address Racial Inequities
Speaking at the ABA Risk and Compliance Virtual Conference this morning, ABA President and CEO Rob Nichols praised the industry’s...
Brooks: OCC to Take ‘Serious Look’ at Oil and Gas Lending Decisions
The OCC will take a "serious look" at certain bank decisions not to lend to oil and gas projects in...
ABA Urges FinCEN to Refine SAR Burden Calculation Methodology
While the Financial Crimes Enforcement Network’s effort to calculate and evaluate the burden of filing Suspicious Activity Reports is a...
Fed Issues Final Rule on Confidential Supervisory Information
The Federal Reserve today finalized changes to its procedures for responding to Freedom of Information Act requests and its treatment...
FDIC Eases Barriers to Bank Jobs for Applicants with Prior Records
The FDIC today finalized an ABA-supported rule codifying as regulation the agency’s statement of policy regarding the implementation of Section...
Senate Passes Bill to Protect Economic Impact Payments from Garnishment
The Senate today unanimously passed an ABA-advocated bill that would exempt the CARES Act economic impact payments from garnishment orders.
ABA Calls for Inclusion of E-Sign Modernization Bill in Coronavirus Relief Package
As the Senate prepares to unveil its latest coronavirus relief bill, the American Bankers Association and several financial trades urged...
A New Way Forward with Risk Operation Centers
The COVID-19 crisis has highlighted that our current risk models and third-party risk practices are no longer adequate. A proactive...
OCC: Banks May Offer Crypto Asset Custody Services
In an interpretive letter today, the OCC said that national banks and federal savings associations may provide cryptocurrency custody services for their...
