A new paper released today by BAFT—ABA’s foreign transaction banking subsidiary—called for increased partnerships between public and private entities to help curb the use of trade transactions to move illicit funds through the financial system.

As Hurricane Irma threatens Puerto Rico, the U.S. Virgin Islands and Florida in the coming days -- and possibly the southeastern Atlantic coast by the beginning of next week -- ABA is offering banks and state bankers associations several resources to help with incident response and crisis communications.

Thanks to hard lessons from Hurricane Katrina, banks today are more resilient than ever.

The Federal Reserve’s recent proposal to streamline supervisory expectations for bank boards of directors will not lessen the workload for bank boards as some critics have suggested, said former regulatory official and retired American Bankers Association SVP Richard Riese today in an op-ed in American Banker magazine.

The number of banks using derivatives to manage interest rate risk could increase significantly as a result of a new hedge accounting standard issued by the Financial Accounting Standards Board today.

A group of Republican lawmakers wrote to the heads of the Department of Justice, Federal Reserve and OCC today asking them to clarify their position on the DOJ’s Operation Choke Point, an Obama-era policy that seeks to curtail disfavored businesses by working through regulators to pressure banks to end customer relationships.

Dispatches from the CECL implementation journey.

The Federal Reserve today issued a proposal to streamline its supervisory expectations for bank boards of directors.

Banks continue to grapple with regulatory burden and question whether the new rules protect consumers, according to ABA’s biannual Survey of Bank Chief Compliance Officers released this week.