Issues : Regulation

article | June 8th, 2016

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.

By: Frank Mayer, Jonathan Levin, Richard Berman
viewpoint | April 15th, 2016

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.

By: Christina Gattuso
Bank Services
directorcorps | April 14th, 2016

How to Get Ready for a Safety and Soundness Exam

Here is what banks should do to prepare for this very important event.

By: Jack Milligan, editor-at-large for Bank Director
BD Article
article | April 13th, 2016

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.

By: Naomi Snyder
article | March 29th, 2016

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.

By: Paul Schaus
FinXTech
article | March 29th, 2016

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.

By: Paul Schaus
article | March 16th, 2016

Regulators Should Force Fintechs to Protect Consumers

Regulators’ first priority in fintech oversight has to be keeping customers’ information out of the wrong hands.

By: Paul Schaus
article | February 24th, 2016

Five Steps for Dealing With Subjective Regulation

Bank directors are challenged to understand evolving subjective standards in regulation.

By: Paul Reynolds
article | January 1st, 2016

What To Do To Prepare for a CFPB Examination

Baker Tilly writes about steps to prepare for an exam.

By: Brian Lane
article | November 23rd, 2015

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.

By: Maggie Chou