ABA Risk and Compliance
 
 
 
 
August 20, 2021
Features
Marketing Compliance: Staying Alert to the Potentially Unfair or Deceptive
Compliance professionals reviewing marketing materials should ask some important questions to avoid "dark patterns" that nudge consumers to make choices they may not intend.
New Survey Finds Financial Service Companies Increasingly Using Cloud Tech
Worldwide, most financial services companies are using some form of cloud technology, with 83 percent reporting they are using the technology as part of their computer infrastructure, according to a new Harris Poll released by Google Cloud.
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, Trade Groups Raise Concerns about Cybersecurity Reporting Legislation
In a joint letter to Senate Intelligence Committee leaders, ABA and two financial trade groups said that several provisions in the Cyber Incident Notification Act of 2021 conflict with cybersecurity requirements already in place for financial institutions.
Financial Trades Strongly Oppose Fed’s Durbin Proposal
ABA and five other financial trade groups yesterday urged the Federal Reserve to withdraw its proposal to expand the Durbin Amendment’s implementing rule (Regulation II), unless the Fed fixes key legal and technical deficiencies.
A New Way to Display ‘FDIC’
When you multiply all the custom requirements across a multitude of platforms and vendors supporting bank marketing, the investment to display one logo is dizzying. Can disclosures be centralized instead?
Abrigo
A10 Networks, Inc
HUD, FHFA Enter Into MOU on Fair Housing, Fair Lending
The Department of Housing and Urban Development and the Federal Housing Finance Agency announced a memorandum of understanding regarding fair housing and fair lending coordination.
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

August 25
Webinar: Compliance Management for First-Line Operations

September 9
Webinar: Best Practices for Conducting FCC Risk Assessments

September 29
Webinar: Best Practices for Monitoring Servicing Performance

December 1-3
Conference: ABA/ABA Financial Crimes Enforcement Conference
Gaylord National Resort and Convention Center, National Harbor, MD

2022
January 30 - February 2
Conference: Insurance Risk Management Forum
Omni Amelia Island Resort, Fernandina Beach, FL