March 3, 2023

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March 3, 2023

Features

Practical data privacy compliance amid regulatory swirl

With more than 130 data protection regulations already in place, achieving and maintaining privacy compliance has become one of the most challenging imperatives in business today.

Legacy technology continues to hamper banks, but new middleware solutions can help banks onboard promising new technology without replacing their entire tech stacks.

Remote possibilities

Banks that embrace remote work are evolving their management structures—and reaping the rewards.

Banks entering the buy-now-pay-later market will find significant competition as well as potentially some allies.

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.

ABA urges caution on data privacy bill

In a memo to the House Financial Services Committee, ABA listed several concerns about a bill to modernize nationwide standards for financial data privacy.

Working with the U.S. Postal Inspection Service, FinCEN identified red flags to help banks detect, prevent and report suspicious activity connected to mail theft-related check fraud.

The Federal Housing Administration has published a final rule removing Libor as an approved index for adjustable-rate mortgages and replacing it with the Secured Overnight Financing Rate as the approved index for newly originated forward ARMs, effective March 31.

ABA Data Bank: Large bankruptcies tick up in January 2023

Data compiled by Bloomberg show that the number of bankruptcies filed by companies with $50 million or more in liabilities ticked up at the start of this year.

ABA and six banking and credit union associations requested that the CFPB extend by at least 60 days the comment period for a proposed rulemaking on credit card penalty fees.

The Consumer Financial Protection Bureau announced it had finalized updates for administrative adjudication proceedings after recently soliciting public comment about the revisions.

Crisis Response Management: Decoded

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

Training

March 8
Webinar: Essential Model Risk Management Practices and Hot Topics

March 8
Webinar: New Study: How We Pay and What it Means for the Future of Banking

March 9
Webinar: The Most Effective Cybersecurity Measure You’re Likely Not Doing

March 15
Webinar: Addressing Check Fraud: Exploring Tools to Protect Your Customers

March 15
Webinar: Model Risk Management for Asset/Liability Management and Liquidity Modeling

March 20 - 23
School: Compliance School – Intermediate
Emory Conference Center, Atlanta, GA

March 20 - 24
School: Compliance School – Foundational
Emory Conference Center, Atlanta, GA

March 20 - April 21
Facilitated Training: Managing the Bank's Investment Portfolio

April 10 - June 2
Facilitated Training: Managing Interest Rate Risk

April 13
Webinar: Model Risk Management Implications for CECL: Monitoring Strategic Risks

April 19
Webinar: Regulatory Updates and Compliance Challenges in 2023 — Part 2

April 25
Webinar: The Rise of Scams and Crimeware-as-a-Service