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July 9, 2021 |
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Features
Amid discussion by regulators and bankers of climate risk metrics, researchers propose a bottom-up approach for corporate credit climate stress.
Risk and Compliance News
As the annual summit of G20 finance ministers and central bank governors kicked off in Italy, the Financial Stability Board released its roadmap for global regulatory coordination on climate-related financial risks.
The Consumer Financial Protection Bureau has issued a consumer complaint bulletin that focused on complaints related to certain COVID-19 relief efforts.
As banks move to responsibly integrate artificial intelligence and machine learning capabilities into their business processes, ABA urged regulators to focus on providing greater clarity around the use of AI and ensuring that there is a consistent regulatory standard for its use across all financial services providers.
Mystery shopping is a form of internal self-testing—and a technique that banks may be subjected to by external organizations. Raise your fair lending IQ with compliance-focused aspects of mystery shopping.
The Federal Housing Finance Agency issued a policy statement clarifying its position on fair lending laws with respect to the entities it regulates: Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
With pandemic-related rental protections set to expire over the coming months, the Consumer Financial Protection Bureau issued a compliance bulletin and policy guidance regarding consumer reporting of rental information.
Training
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