The regulatory reforms coming up this year Jan 01st 2020 12:01am on Advocacy & Policy, Focus, General, Regulation & Compliance, Regulation / Compliance The regulatory reforms coming up this year Jan 01st 2020 12:01am on Advocacy & Policy, Focus, General, Regulation & Compliance, Regulation / Compliance The pace of regulatory and compliance change isn’t likely to slow down in 2020. Lawmakers, regulators and community bankers are weighing reforms to the CRA, banking marijuana-related businesses and more. By Mary Thorson Wright Ah, 2020. Arduous regulatory upheaval from recent years, like that under the Dodd-Frank Act, Truth in Lending Act (TILA)-Real Estate Settlement […]
Looking back at 2019’s compliance changes Dec 02nd 2019 12:12am on Focus, General, Regulation & Compliance This year, community banks saw the full implementation of S.2155, which provided regulatory relief. While a quiet regulatory year, many community banks were busy improving their own compliance programs. By Mary Thorson Wright The regulatory machine stayed relatively quiet in 2019, but community banks kept busy implementing compliance legislation and guidance issued in previous years. […]
How your bank can stay compliant on social media Oct 01st 2019 12:10am on Focus, General, Regulation & Compliance It’s common for community banks to have a presence on one, two or up to half a dozen social media platforms to engage with customers. But what does being an active social media user mean for community banks from a compliance perspective? By Mary Thorson Wright Merriam-Webster singles out 2004 as a turning point for social […]
How banks can get audit fundamentals right Aug 01st 2019 12:08am on Focus, General, Regulation & Compliance Sample sizes, audit frequency, scope—take some of the stress out of compliance audits by adhering to audit best practices.
Should you share your bank’s BSA and AML resources? May 01st 2019 12:05am on Focus, General, Regulation & Compliance Federal regulators have offered guidance for banks interested in sharing resources to more effectively manage Bank Secrecy Act and anti-money laundering requirements.
Keeping secure in the cloud: Here’s how Apr 01st 2019 12:04am on Focus, Fraud, General, Regulation & Compliance, Security, Technology More community banks are embracing the use of cloud services throughout their organization. With network and data security as a major concern, there are best practices to be gleaned from the community banks and vendors that have had their heads in the clouds for years.
What compliance changes will 2019 bring? Jan 01st 2019 12:01am on Focus, General, Industry Insight, People, Regulation & Compliance The new year will see more than the implementation of S.2155. Here’s a rundown of what community banks can expect.
Why small-ball compliance matters Nov 01st 2018 12:11am on Focus, General, Regulation & Compliance Compliance officers have to sweat the small stuff. Here’s how you can play by the rules when they’re always changing.
Dodd-Frank changes are easing mortgage lender headaches Oct 01st 2018 12:10am on Commercial/Business, Focus, General, Regulation & Compliance For eight years, provisions of the Dodd-Frank Act have made offering home mortgages more difficult and time-consuming. But those rules are changing, creating more opportunity and competition for community banks in the mortgage market.
How blockchain could help keep you compliant Oct 01st 2018 12:10am on Commercial/Business, General, Regulation & Compliance, slide Nascent blockchain technology could have a profound impact on how your community bank manages growing regulatory compliance demands.
