Issues : Regulation
New Anti-Money Laundering Rules Will Impact Banks
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.
Using Big Data in Compliance with Consumer Protection Laws
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.
How to Get Ready for a Safety and Soundness Exam
Here is what banks should do to prepare for this very important event.
How Will New Fiduciary Rules Impact the Bank?
Some think the Department of Labor’s new rules will fundamentally change asset management and some trust divisions.
How Regulators Could Foster the Fintech Sector
In this second part of a series on fintech regulation, the author explains how regulators can help encourage innovation.
How Regulators Could Foster the Fintech Sector
In this second part of a series on fintech regulation, the author explains how regulators can help encourage innovation.
Regulators Should Force Fintechs to Protect Consumers
Regulators’ first priority in fintech oversight has to be keeping customers’ information out of the wrong hands.
Five Steps for Dealing With Subjective Regulation
Bank directors are challenged to understand evolving subjective standards in regulation.
Using Reg A+ to Raise Capital and Grow Your Bank
A recent Securities and Exchange Commission amendment to Regulation A allows small private companies and non-reporting public companies to raise up to $50 million in capital from regular investors without registering with the SEC.