From Risk to Reward: How to Maximize Risk Reporting
Understanding the past is important but extracting value from risk reports and applying the results is critical to the organization’s future. Risk reporting has far more to offer.
Browsing: Reporting
The Quietly Rising Risk of Climate Change
Regardless of size, banks need a framework for assessing and understanding climate risk.
SAR Quality: Practical Tips to Enhance Reports for Law Enforcement
The relationship between anti-money laundering professionals and law enforcement has never been more important. AML professionals can follow these practical steps to enhance the usefulness and effectiveness of their SARs.
Kraninger Signals Balanced Approach to Small Biz Data Collection Rules
In remarks before a public symposium on small business loan data collection today, Consumer Financial Protection Bureau Director Kathleen Kraninger signaled the importance of balancing the statutory objectives of Section 1071 of the Dodd-Frank Act with the need to avoid negative credit effects on the $1.4 trillion small business lending market.
ABA Seeks Clarity on Effective Date for Tailoring Final Rules
ABA today wrote to the heads of the Federal Reserve, FDIC and OCC requesting clarity on the effective date of recently finalized final rules on the tailoring of capital and liquidity standards.
New Analysis Supports Raising HMDA Reporting Threshold for Closed-End Mortgages
In a comment letter to the Consumer Financial Protection Bureau this week, ABA urged the bureau to consider raising the coverage thresholds for collecting and reporting data about closed-end mortgage loans to 250.
Joint Comment Letter Highlights ‘Astoundingly High’ Cost of 2015 HMDA Rule
Implementation of the Consumer Financial Protection Bureau’s 2015 Home Mortgage Disclosure Act rule resulted “astoundingly high” costs for creditors, the American Bankers Association said in a joint comment letter with the Bank Policy Institute, Consumer Bankers Association, Housing Policy Council and Mortgage Bankers Association today.
SEC Proposes Updates to ‘Guide 3’ Disclosures
The SEC last week issued a long-awaited proposal to update required disclosures that bank and savings and loan registrants are required to provide to investors.
ABA, Trade Groups Urge Court to Rescind Pay Data Collection Requirement
ABA joined several trade groups in filing a friend-of-the-court brief urging a federal appellate court to reverse a lower court’s order that the U.S. Equal Employment Opportunity Commission collect voluminous EEO-1 data on employees’ pay and hours worked (known as “Component 2 Data”).
Agencies Issue Final Rule Reducing Call Report Burden on Small Banks
The financial regulatory agencies today finalized changes that would expand the number of banks eligible to file a more streamlined version of the Call Report, as directed by regulatory reform law S. 2155.