ABA Risk and Compliance
 
 
 
 
April 30, 2021
What Will AML Compliance Look Like in 2021?
Nice Actimiz®
What a year 2020 was. Who would have expected, in January 2020, that by March most countries around the globe would be shut down to varying levels for the rest of the year. 2020 was a tipping point in the acceleration of digital transformation and the increased use of technology to aid effective and efficient compliance programs. The effects of COVID-19 will still be felt well into 2021
here are some predictions for 2021
Advertisement
 
Features
Staying One Step Ahead of Credit Risk
Four tips for avoiding commercial real estate defaults as clients emerge from the COVID crisis.
How to Align With Your Compliance Team on Social Media Strategy
Facilitating greater collaboration between compliance and marketing teams does not have to be an arduous process.
Asurity Technologies
Western Union Business Solutions
WHY YOUR BANK NEEDS A CMS
Ncontracts
Regulators have been emphasizing the importance of a strong and effective Compliance Management System. This whitepaper will walk you through the basics of a CMS while offering practical advice on how to ensure your CMS supports your strategic goals.Takeaways include:
·A primer on CMS requirements
·4 key elements to prioritize when designing or updating a CMS
·7 CMS features that should align with your bank’s goal and structure
·Examples of failed CMSs and compliance controls
CLICK HERE TO DOWNLOAD AND LEARN ABOUT OUR CMS SOFTWARE
Advertisement
 
Risk and Compliance News
ABA Calls for Withdrawal of NCUA CUSO Proposal
ABA has urged the National Credit Union Administration to withdraw a proposed rule that would expand the range of permissible lending activity for credit union service organizations, or CUSOs.
CFPB Delays General QM Rule Effective Date
The Consumer Financial Protection Bureau issued a final rule extending the mandatory effective date for the General Qualified Mortgage rule from July 1, to Oct. 1, 2022.
The Current State of ADA Digital Enforcement
An increase in lawsuits and other factors mean a larger focus on accessibility of bank digital assets.
Podcast: The Latest on COVID Vaccinations and Variants
In an ABA Pandemic Update podcast crossover event, ABA’s Paul Benda provides the latest on COVID-19 cases and vaccination rates, noting that the vaccination of older Americans has reduced COVID deaths even as cases have risen in certain parts of the country.
Abrigo
A10 Networks, Inc
Treasury Announces Significant Sanctions against Russian Entities, Individuals
In mid-April, the Treasury Department announced a number of sanctions against Russian entities and individuals, following an executive order from President Biden.
Department of Labor Issues Cybersecurity Guidance
The Department of Labor’s Employee Benefits Security Administration has issued long-anticipated guidance on cybersecurity and best practices for protecting retirement benefits.
Data Breach Response Ready
Experian Partner Solutions®
Your free go-to hub to help your business take those crucial first steps in preparing a customer first notification response. Data breach incidents unfortunately happen daily, across all businesses, all over the world. We created this hub especially for businesses to feel confident, secure, and prepared for a data breach. Whether your business is small, medium or large, we will partner to help you take proactive steps in all stages of a breach.
Be Response Ready®
Advertisement