Issues : Regulation
Enhanced regulatory oversight is one of the top challenges facing banks today. KPMG’s Lynn McKenzie offers solutions for bank boards to address this and other key concerns.
The financial services marketplace is now being disrupted by legislation and regulation.
Why are Donald Trump and Sen. Elizabeth Warren, who are bitter opponents, both calling for reinstatement of the Glass-Steagall Act?
The world is going mobile and dragging banking along with it kicking and screaming.
Banks can use technology to drive efficiency in regulatory compliance.
When mandatory compliance with FinCEN’s new rule begins in 2018, banks will have more due diligence responsibilities in discovering the beneficial owners of the companies who are their customers.
While there are many potential advantages to the use of big data, recent statements and reports by the Consumer Financial Protection Bureau and the Federal Trade Commission have raised concerns.
Here is what banks should do to prepare for this very important event.
Some think the Department of Labor’s new rules will fundamentally change asset management and some trust divisions.
In this second part of a series on fintech regulation, the author explains how regulators can help encourage innovation.