Contributor : Paul Reynolds
The Federal Reserve Board has provided much-needed guidance when it comes to the question of who controls a bank.
They will help boards find balance between stakeholder interests and maintaining appropriate risk management.
With fintechs now seeking special purpose charters, it’s time to discuss and examine your strategy with new competition potentially entering the market.
Bank directors are challenged to understand evolving subjective standards in regulation.
This article gives some practical advice for boards looking to address recent regulatory guidance.