For an industry caught between state and federal law, a change can’t come soon enough.

A conversation with M&A attorney Rodgin Cohen

As more and more states legalize the use and sale of marijuana, more and more banks are finding themselves caught between the pincer of local needs and federal law.

To mark Elder Abuse Awareness Month in June, a bonus episode of the ABA Banking Journal Podcast explores how banks can successfully partner with law enforcement, Adult Protective Services agencies and other community partners to protect their senior citizen customers from elder financial abuse.

The gray area of marijuana-related businesses makes it a difficult judgment call for banks—regardless of their policies on cannabis customers.

CBA helping bankers understand this issue, whether they want to serve marijuana businesses or desire to keep cannabis funds out of the bank.

Reps. Steve Pearce (R-N.M.) and Blaine Luetkemeyer (R-Mo.) yesterday introduced an ABA-supported bill that would update several elements of the Bank Secrecy Act and other anti-money laundering laws and regulations.

The OCC is hoping to issue a long-awaited advance notice of proposed rulemaking on the Community Reinvestment Act in the coming weeks, Comptroller of the Currency Joseph Otting said today, and it has been waiting in order to build consensus with other banking agencies.

The Financial Crimes Enforcement Network today issued an advisory to U.S. financial institutions highlighting the connection between corrupt senior foreign political figures, their enabling of human rights abuses and their illicit use of the U.S. financial system.

Uncertainty around how bank deposits will reach to a rising interest rate environment was among several key risk themes identified by the OCC in its Semiannual Risk Perspective report released today.