Issues : Regulation

Article | December 4th, 2020

The High Cost of the Suspicious Activity Report

When the devil is in the details, automation technology can fight crime while saving compliance budgets.

By: Joe Robinson
BD Article
Article | October 19th, 2020

When All The Examiners Left

A recent paper from Federal Reserve economists shines a light on the role that bank supervision plays in regulation and enforcement in the wake of a mass examiner exodus.

By: Kiah Lau Haslett, managing editor for Bank Director
Article | October 8th, 2020

FinCEN Files Underline BSA/AML System Mess

The FinCEN Files reveal that the innate flaws of the existing anti-money laundering regulations create piles of unread reports that are rarely effective.

By: Rob Blackwell
BD Article
Article | October 2nd, 2020

FinCEN Files: What Community Banks Should Know

Bank Director spoke with two attorneys to learn what community banks should take away from the FinCEN Files revelations.

By: Kiah Lau Haslett, managing editor for Bank Director
Article | August 5th, 2020

The Opportunistic Upside of New Capital Rules

All banks must comply with Basel IV’s capital guidelines, but forward-thinking ones will leverage its concepts for strategic planning, business intelligence and other commercial objectives.

By: Jeroen Van Doorsselaere
Article | July 10th, 2020

How Innovative Banks Manage Cannabis-Related Businesses

Once an institution decides to bank cannabis-related businesses, the hard work begins — building a compliance program for a nascent, multi-billion dollar industry.

By: Amber Buker
BD Article
Article | June 12th, 2020

Adapting Bank Supervision to the Covid-19 Reality

The Office of the Comptroller of the Currency is trying to assess rising credit risk at banks as it adjusts to a socially distant and slowly reopening economy.

By: Jack Milligan, editor-at-large for Bank Director
Article | June 9th, 2020

Seven Costs of Saying “No” to Cannabis Banking

Banks can no longer afford to “just say no” to serving cannabis-related businesses without taking a hard look at the potential consequences of that decision.

By: Mike Kennedy
BD Article
Article | June 1st, 2020

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.

By: Kiah Lau Haslett, managing editor for Bank Director
Article | April 17th, 2020

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.

By: Matthew Dyckman, Samantha Kirby, William Stern