ABA, Trade Groups Push for COVID-19 Liability Protections
ABA joined more than 580 trade associations representing a broad range of industries in a letter yesterday urging members of ...
Tag: Professional liability
ABA, Trades Call for Liability Protection in Coronavirus Relief Bill
ABA joined a group of more than 480 trade groups representing a broad range of industries in a letter to ...
DOJ’s Rosenstein Signals Changes to Individual Prosecutions for Corporate Crimes
Deputy Attorney General Rod Rosenstein today signaled that the Department of Justice is reviewing a policy announced under the Obama ...
Chief Compliance Officers in the Hot Seat
Chief compliance officers find themselves caught between a rock and a hard place when reporting AML violations.
Personal Liability: When Should You Worry?
For compliance and BSA officers, personal liability is something that comes with the job.
New York Listens to ABA in Finalizing AML Monitoring Requirements
The New York State Department of Financial Services today finalized its anti-money laundering rule for financial institutions chartered in the ...
Are the Feds Going Too Far in Search of Scalps?
A look at how the Yates Memo holds individuals accountable for corporate wrongdoing.
Cyber Compliance: The Board’s Next Enforcement Action Worry
As data breaches continue to make news and cost banks money, it’s worth remembering that—as with every risk in banking—the ...
Wisconsin BJR Protects Directors, Not Bank Officers
Although the ruling is limited to Wisconsin, the decision weakens the personal liability protection of bank officers.
Report: Bankers Expect Rising Premiums for Cyber, FIB, Property Insurance
Results from ABA’s 2015 Bank Insurance Survey Report show that bankers expect most of their insurance premiums to remain the ...
