April 28, 2023

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April 28, 2023

Features

Cybersecurity: What threat-ready really means for banks

The necessity for continuous risk assessment triggers the need for appropriate resources to meet the demands of new and emerging threats.

Modern data management is essential to the risk initiatives of 2023 and beyond.

Navigating risks while taking action to manage overdraft/non-sufficient funds fees

Banks can take several steps to mitigate challenges surrounding overdraft/NSF fee lawsuits and enforcement actions.

New approaches, systems and processes ensure balance between compliance risk management and marketing performance.

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.

Risk and Compliance News

ABA-advocated SAFE Banking Act introduced in House, Senate

A bipartisan group of lawmakers reintroduced the SAFE Banking Act, an ABA-championed bill that would address the conflict between state law and federal law over cannabis banking.

While AI and automated systems can be useful, they have the potential to produce outcomes that result in illegal discrimination, representatives from four federal agencies said in a joint statement.

In a new report, the Treasury Department recommended that the federal government take several steps to mitigate derisking by financial instructions, including possible regulation.

FSOC solicits comments on new financial stability risk analytic framework, nonbank financial company determination guidance

The Treasury Department’s Financial Stability Oversight Council proposed for public comment a new analytic framework for financial stability risks, which is intended to provide more transparency into how the council assesses potential risks, regardless of whether the risk stems from activities or firms.

APSN overdraft fees present risks of unfairness because the consumer cannot reasonably avoid receiving the fees due to the "complicated nature of overdraft processing systems," the FDIC said.

The ABA shared its views on legislation currently before the House Financial Services Committee for markup, including several bills on Consumer Financial Protection Bureau reform

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

May 9
Webinar: Resources to Protect Your Older Customers

May 10
Webinar: Section 1071 and the Fair Lending Renaissance

May 15 - June 30
Facilitated Training: Analyzing Bank Performance

May 18
Webinar: Third-Party Risk Market Update

May 22
Webinar: The Current Compliance Landscape – An Update from ABA Experts

May 24
Webinar: Banking Digital Currency

June 1
Webinar: Planning for Family Members with Special Needs

June 5 - July 7
Facilitated Training: Managing Funding, Liquidity and Capital

June 8
Webinar: The 2023 Fraud Landscape Mid-Year Update

June 13 - 16
Conference: Risk and Compliance Conference
Henry B. González Convention Center, San Antonio, TX