Menu
Banking Exchange Magazine Logo
Menu

Compliance

Report from the Compliance Ward

Report from the Compliance Ward

Mood of a recent compliance conference calls for aspirin, Tums, or Nexium
With a nod to pop music, veteran John Byrne’s blog scans the anti-laundering and anti-terrorism world. John pierces silliness and inconsistency, and strongly believes in private-public partnership.

Brexit Blues: “We Don’t Need No Education”*

Isolationism is not the answer to AML—or anything else, for that matter
“There is some wonderful innovation out there but there’s also a lot of 'regtech' that needs a bit more ʻreg’ to go along with the ʻtech’,” said BBVA'S Adam Shapiro during OCC's innovation forum.

Fintech, “regtech,” and coping with tech

OCC forum examines the big picture of disruption
Former #2 regulator at CFPB Steve Antonakes now drives a building up of compliance at Eastern Bank. He shares his perspectives on disclosure and more, and how Eastern prepares to cross the $10 billion threshold.

How former CFPB official handles compliance

Eastern Bank’s Steve Antonakes brings experience to bank side of the table
A viewpoint from attorney Richard Riese on the two-way street of innovation.

Innovation responsibility not just on banks

Consumers bear their own responsibility when using leading-edge services
It's hard enough to get people to read disclosures on paper. Who will read a traditional written disclosure on a small screen?

How to handle mobile disclosures?

Creativity and a smidgen of “Yelp” may help meet the challenge of handheld compliance
Uber often serves as the touchstone for disruptive innovation. Uber was an outsider breaking in—but banks are regulated and on the inside, breaking out. At a conference this week banking innovators and their compliance partners discussed how banking can advance.

Banking, compliance, and “fintegration”

How Citi and BBVA business execs and compliance experts partner for new efforts
One key protection for compliance officers: Be careful what you volunteer for, because you will be held accountable for it.

Personal liability after the Yates Memo

Mixed with paid whistleblowing, this results in broader exposure. Yet the solution is straightforward
With a nod to pop music, veteran John Byrne’s blog scans the anti-laundering and anti-terrorism world. John pierces silliness and inconsistency, and strongly believes in private-public partnership.

“Let’s Work Together”*

De-risking, de-marketing, or financial exclusion: Solution elusive as long as we refuse to listen
The bureau is going after payday lenders. Outreach to consumers includes a video, sampled above.

Payday lending debt traps targeted by CFPB

Initial reactions: Some say bureau goes too far, others not far enough
Page 75 of 107

Sections

About Us

Connect With Us

Resources