With the recent confirmations of Michelle Bowman as Vice Chair for Supervision at the Board of Governors of the Federal […]
Category: Blogs
Efficiency as a Mandate: BSA Modernization and Its Implications for Financial Institutions
In mid-June 2025, Deputy Secretary of the Treasury Michael Faulkender delivered prepared remarks at the 62nd Bank Secrecy Act Advisory […]
Reconsideration of Value: A critical component of appraisal review
(Article originally published in ABA Risk and Compliance, May/June 2025) It’s not been news to anyone over the past few […]
How Chief Compliance Officers Can Juggle Priorities in a Sea of Change
Many Chief Compliance Officers have heard, or even said the phrase “If you think compliance is expensive, you should see […]
FinCEN Extends Beneficial Ownership Information Reporting Deadline
On February 18, 2025, the U.S. District court for the Eastern District of Texas issued a decision that affects beneficial […]
Fair Servicing in Focus: Navigating Regulatory Expectations and Managing Fair Lending Risks
Originally published in ABA Risk and Compliance, March/April 2025 A review of recent CFPB enforcement action and Supervisory Highlights […]
Credit Card Interest Rate Caps Gain Steam
By Ryan Labriola, Senior Manager Senators Josh Hawley (R-MO) and Bernie Sanders (I-VT) proposed the “10 Percent Credit Card Interest […]
The Need for Sticky Deposits Will Continue
By Ryan Labriola, Senior Manager On January 29, 2025, the Federal Reserve held steady the federal funds interest rate (the […]
Colombian Repatriation and Potential Impacts on Financial Services
By Ryan Labriola, Senior Manager Introduction Recently, U.S. President Donald Trump and Colombian President Gustavo Petro argued about, and subsequently […]
Redlining Red Flags: Lessons from Recent Enforcement Actions
The U.S. Department of Justice (DOJ) continues its “Combatting Redlining” initiative. Since September 18, 2024, the DOJ has filed four […]