ABA Risk and Compliance
 
 
 
 
October 14, 2022
Features
A new report by the Financial Stability Board encouraged regulatory authorities to expand the use of climate scenario analysis and stress tests for financial institutions, although it acknowledged that more data was needed to develop such policies.
Remote work may have started out as a necessity early in the COVID pandemic. But in the banking industry it now appears to be the new normal—at least in hybrid form—and even a useful feature to attract and retain talent in today’s competitive job market.
SYSTRAN
The cost of financial crime compliance in North America for 2022 is estimated at $56.7 billion, up 13.6% from 2021.
1071: What Does the Final Rule Mean for Small Business Lenders
Ncontracts®
The CFPB has released the final rule implementing Section 1071 of the Dodd-Frank Act. Ncontracts regulatory compliance experts have gone through all 800+ pages. Whether you're a commercial lender, compliance professional, or member of the C-suite, this webinar on Thursday, April 20, 2023 at 1pm CST will help you understand what the Section 1071 final rule means for your team and how to move forward with confidence. 
Register Now
Advertisement
 
Risk and Compliance News
The FDIC is "working diligently" to issue updated guidance to financial institutions on third-party risk management, the agency’s Associate Director Lisa Arquette said recently.
The Federal Reserve and the FDIC will issue guidance on so-called "living wills" for banks that are considered "Category II" or "Category III" firms under the Fed’s tailored enhanced prudential standards, the agencies said.
Fenergo
Winnow Solutions, LLC
Following Russian President Vladimir Putin’s announcement that he would illegally annex four Ukrainian territories, the Treasury Department’s Office of Foreign Assets Control designated 14 individuals in Russia’s military industrial complex, as well as 278 members of the Russian legislature for supporting the annexation.
Crisis Response Management: Decoded
Experian Partner Solutions®
In an age of infinite information where a company’s reputation can be destroyed in as little as 140 characters, it may seem difficult to bounce back from a crisis, but it is possible. Businesses that are prepared for natural disasters or other incidents can protect themselves from serious financial losses, and keep their reputation and customer loyalty intact, if they have the right tools.
Download this e-book to explore
Advertisement
 
Training

October 17 - 21
School: Compliance School – Advanced
Emory Conference Hotel | Atlanta, GA

October 18
Webinar: DHS CISA Cyber Risk and Cyber Hygiene Services

October 19
Webinar: Regulatory Updates and Compliance Challenges

October 25
Webinar: Cybersecurity Threats in 2022 – What Bankers Need to Know

October 26
Webinar: Banking as a Service Growth Strategy AMA Webinar

October 27
Webinar: Combating Elder Financial Exploitation

October 31 - November 16
Virtual School: Compliance School – Foundational

October 31 - January 6
Facilitated Training: Managing Interest Rate Risk

November 9
Webinar: The Evolution of Economic Sanctions

December 5 - 7
Conference: ABA/ABA Financial Crimes Enforcement Conference
National Harbor, MD (D.C. Metro Area)

December 15
Webinar: Top Risks for Banks in 2023