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A Former Regulator Shares His Advice for Boards
By:
Emily McCormick, vice president of editorial & research for Bank Director
Developing a positive relationship with regulators is important for any bank. How can banks foster this? There’s no one better to answer this question than a former regulator. Charles Yi served as general counsel of the Federal Deposit Insurance Corp. from 2015 to 2019, where he focused on policy initiatives and legislation, as well as the implementation of related rulemaking. He also served on the FDIC’s fintech steering committee. In this interview, Yi talks about today’s deregulatory environment and shares his advice for banks looking to improve this critical relationship. He also explains the importance of a strong compliance culture...
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Emily McCormick is Vice President of Editorial & Research for Bank Director. She oversees research projects, from in-depth reports to Bank Director’s annual surveys on M&A, risk, compensation, governance and technology. She also manages content for the Bank Services Program. You can connect with Emily on LinkedIn or contact her at [email protected].