Issues : Regulation
Former CFPB Head on a Post-Pandemic Banking Industry
Banks face a reputational risk — and opportunity — as they help customers navigate the uncertain financial landscape caused by the coronavirus pandemic, says former CFPB Director Richard Cordray.
The CARES Act: What Banks Need to Know
Directors and executives need to come up to speed on Congressional relief tied to the coronavirus outbreak in order to make informed decisions quickly.
Industry Moves Closer to Cannabis Banking
The Secure and Fair Enforcement (SAFE) Banking Act passed in September 2019 could prohibit federal banking regulators from penalizing banks for providing financial services to cannabis-related businesses.
Turning Compliance From an Exercise Into a Partnership
A bank’s compliance technology investments impact far more than just compliance.
What Regulators Are Doing About Coronavirus
Here are the steps bank regulators are taking to encourage banks to work with customers impacted by the coronavirus.
Fed’s New Control Rule Brings Transparency, Consistency
The Federal Reserve Board has provided much-needed guidance when it comes to the question of who controls a bank.
Bracing for Changes in the Bank Control Rules
A clarification of bank control rules could bring new capital into the industry.
The Year Ahead in Banking Regulation
The Community Reinvestment Act, brokered deposits regulations and LIBOR transition top regulators’ focus in 2020.
Key Considerations with the Community Bank Leverage Ratio
The new community bank leverage ratio could reduce regulatory burdens for some banks, but its adoption carries some risks compared to the current approach.
How to Prepare for California’s New Privacy Rules
Banks will need to ensure they are prepared to comply with California’s new privacy rule by the start of the new year.