Key takeaways from the OCC’s Semiannual Risk Perspective.

When compliance and business development work in tandem, everyone wins.

Banks that decide to implement AI or machine learning capabilities must consider not just how to approach the system upgrade itself, but also how to communicate the new controls to regulators.

ABA, along with several other industry trade groups under the Partnership to Protect Workplace Opportunity, expressed support for the U.S. Department of Labor’s proposed rewrite of the Obama administration’s 2016 overtime rule, which was overturned in federal court.

The 51 state bankers associations have urged the Senate Banking Committee to hold hearings on legislative solutions to the conundrum faced by banks in states where marijuana has been legalized.

While corporate debt is at near-record levels and recent growth has been concentrated in riskier segments, "business debt does not appear to present notable risks to financial stability," Federal Reserve Chairman Jerome Powell said recently.

Underlying credit and liquidity risks associated with the current point in the economic cycle should be on bankers’ radar screens, the OCC advised in its Semiannual Risk Perspective report.

Ahead of a Senate Banking Committee hearing on beneficial ownership, the ABA wrote to committee members calling for the establishment of a federal registry of beneficial ownership information that banks could use to facilitate compliance with FinCEN’s customer due diligence rule.

June 3, 2019
Application deadline for August CRCM Exam

June 9-12, 2019
Regulatory Compliance Conference
Hyatt Regency New Orleans, New Orleans, LA

June 12, 2019
Webinar: Human Trafficking and Modern Slavery Impacts on U.S. Banks

June 26, 2019
Webinar: What Exactly are Payments and Why Do I Need a Payments Strategy?

​July 11, 2019
Webinar: Mortgage Disclosure Cures and Corrections—Mitigating Liability

​July 22-26, 2019
ABA CRCM Prep
Chicago Loews O'Hare, Chicago, IL

July 24, 2019
Webinar: The Economics of Payments 

October 5-11, 2019 
Compliance School – Foundational
Emory Conference Center Hotel, Atlanta, GA

October 7-11, 2019 
Compliance School – Advanced
Emory Conference Center Hotel, Atlanta, GA

December 8-10, 2019
ABA/ABA Financial Crimes Enforcement Conference
Washington Marriott Wardman Park, Washington, DC