Day 3 – ABA RCC
Category: ABA RCC
Another day of too much to choose from and deciding where to go. It has been a challenge to pick classes lots of good topics to choose from this year. Focus today seemed to be on the compliance officer and compliance teams in general. Couple of key takeaways from today: Communication There can never be too much outreach and communicating often is necessary. However, communicating with a purpose and the right medium is important. What
Welcome from Orlando and day two of the annual ABA Regulatory Compliance Conference. It was a jammed packed day of listening and learning from boots on the ground peers. My focus today was on a variety of topics; from CRA modernization, Patty Joyner’s take on today’s hybrid work environments, UDAAP, and the evolution of risk framework. It was hard to choose what sessions to attend. There were so many great topics to choose from. However,
Welcome from Orlando and the 2022 ABA Compliance Conference. It was a great first day of sessions. All the sessions I attended today were informative and the speakers insightful. I wanted to take time to focus on the three key things I took away from the “Fair Banking/Fair Lending: Preparing for the 1071 Implementation” panel. The panel for this session included a great group: Kitty Ryan, Britt Faircloth, and Maureen Carollo. Do not expect
CFPB CHANGING APPROACH TO REGULATIONS
Category: CFPB
In a June 17, 2022 blog post, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB), declared, “Markets work best when rules are simple, easy to understand, and easy to enforce.” The CFPB is seeking to move away from highly complicated rules that have long been a staple of consumer financial regulation and towards simpler and clearer rules. In addition, the CFPB is dramatically increasing the amount of guidance it is providing to the
ABA REGULATORY COMPLIANCE CONFERENCE
Category: ABA RCC
It’s that time of the year. The ABA Regulatory Compliance Conference (RCC) takes place on June 21 – 24 at the Hyatt Regency Orlando. It is live, but most sessions are recorded and will be available after the RCC concludes. The ABA is offering an interesting line-up. There is strong emphasis on technology and its impact on compliance, CRA, and Section 1071 implementation. Following are a few topics, listed by day that caught my eye,
Why we blog . . .
The ever-changing laws, regulations, proposals, deadlines, and guidance are a lot for anyone to manage and keep up with so let us do the work for you. Our blog is designed to help compliance professionals by releasing updates as soon as the news breaks. Our Compliance Resource team is researching, following, and monitoring government agencies and regulators to give you all the latest and greatest compliance news. Our goal is to work harder so you don’t have to.