Ten factors financial institutions should look out for in strengthening their OFAC compliance programs.

Conduct issues have driven some of the most significant enforcement actions, including those affecting the reputation of the industry, both in the United States and around the world. As regulators and bankers take a close look at conduct risk, the ABA Banking Journal Podcast welcomes the global head of conduct risk at Credit Suisse.

ABA has written to the heads of the Federal Reserve, FDIC and OCC requesting clarity on the effective date of recently finalized final rules on the tailoring of capital and liquidity standards.

This infographic illustrates how are community banks preparing for the expected phaseout of the London Interbank Offered Rate at the end of 2021.

The House has voted to pass the ABA-backed Corporate Transparency Act (H.R. 2513). The legislation, sponsored by Rep. Carolyn Maloney (D-N.Y.), would direct the Financial Crimes Enforcement Network to create a national database that banks could use to verify a business’s beneficial ownership information.

According to a recent survey of community bankers, cybersecurity was the highest-rated risk concern, with over 96% of community bank CEOs reporting that they considered it an important or very important risk factor for their bank.

The United States Department of Agriculture has issued a long-awaited interim final rule establishing new regulations and procedures for the legal production of industrial hemp, as required by the 2018 Farm Bill.

The Labor Department has issued its much-awaited proposal that would modernize retirement disclosures by providing a new safe harbor for employee benefit plan administrators to use electronic delivery for participant notices and disclosures.

A bipartisan group of 28 House members called on the Financial Stability Oversight Council to require that the Office of Financial Research study potential financial stability effects of the current expected credit loss model for loan loss accounting, which goes into effect for large reporting companies as soon as January.

Nov. 4, 2019 - Jan. 10, 2020
Facilitated Training: Managing Interest Rate Ris

Nov. 5, 2019
Webinar: How to Automate Compliance Monitoring & Testing (QC) While Creating Business Value

Nov. 6, 2019
Webinar: Online Reputation Management: Managing Crisis Situations

Nov. 11, 2019 - Jan. 31, 2020
Facilitated Training: CRCM Exam Online Prep

November 20, 2019
Webinar: The Role of Consultants in Successful Model Validation

December 7-10, 2019
ABA/ABA Financial Crimes Enforcement Conference
Washington Marriott Wardman Park, Washington, DC

December 10, 2019
Webinar: Cyber Risk Concerns of the C-Suite and Understanding the Vendor Breach Response Ecosystem