CSBS: Data show regulatory burden falls hardest on community banks
Ten years of survey data from banks show that the cost of regulatory compliance eats up a larger percentage of ...
Tag: Regulatory burden
Bowman: Regulation preventing banks from engaging in economic innovations
The economy has changed significantly since the 2008 financial crisis, but regulation is holding back banks from fully engaging with ...
Bowman: Banking agencies need to take regulatory review ‘seriously’
Banking agencies are required by Congress to review their regulations every 10 years but their past reviews have been “underwhelming,” ...
ABA submits recommendations for easing regulatory burden on banks
As part of a congressionally mandated review of regulation by federal agencies, ABA submitted a list of recommendations to reduce ...
Sen. Budd calls for federal preemption of AI regulation
As banks expand their deployment of artificial intelligence tools, Sen. Ted Budd (R-N.C.) called for federal regulation to preempt state ...
OCC’s Gould outlines agency actions to aid community banking
Comptroller of the Currency Jonathan Gould said his focus as a banking regulator is to correct the regulatory overreach that ...
Nichols: Three ways ABA is ‘building a better future’ for banks
At the ABA Annual Convention, ABA President and CEO Rob Nichols flagged three key ways the association is working “to ...
Nichols: Change is coming for compliance regulation
“Change is in the air” with respect to federal banking regulation, and that change has been overwhelmingly positive, ABA President ...
Bankers stress need for community bank leverage ratio reform
Community bankers gathered at the Federal Reserve to talk about the challenges facing their sector, with some proposing it is ...
OCC to ease examination, licensing requirements for community banks
The OCC announced several actions to reduce the regulatory burden on community banks by tailoring the frequency and scope of ...
