Understanding the GENIUS Act

Regulatory change never seems to slows down. Just as we adjust to one wave of requirements, others arrive—often more complex, more data-driven, and with risks to your Financial Institution (FI). The GENIUS Act (Governance, Enhanced Oversight, and Integrity for Uniform Standards Act) is the latest piece of legislation to reshape compliance expectations across the our industry.

For compliance officers, this isn’t just another item on the to-do list—it’s a shift in how FIs are expected to demonstrate transparency, manage risk, and ensure accountability.

In this 90-mintue session we will break down the GENIUS Act’s key provisions, outlining the most pressing challenges for compliance teams, and share practical steps you can take today to get ahead of the curve.:

Key objectives of the Act include:

• Strengthening Transparency – FIs must provide clear, standardized reporting to regulators and the public.
• Improving Risk Governance – Boards and senior management are now explicitly accountable for oversight of compliance and risk functions.
• Elevating Data Standards – Robust requirements for data integrity, retention, and accessibility (GENIUS Act §101–§104).
• Enhancing Oversight Powers – Regulators gain expanded authority to examine, enforce, and penalize noncompliance (GENIUS Act §205).

Topics Covered:

This session is designed to focus and breakdown the requirements of the Law.
During the session we will focus on:

• What matters most to compliance officers.
  • Collaboration
  • Data Accuracy and audit readiness
  • Policy, procedures, and training
• Core Compliance Requirements
  • Data Integrity & Reporting (GENIUS Act §101–§104)
    • FIs must adopt standardized reporting formats.
    • Enhanced requirements for accuracy, audit trails, and record retention.
  • Governance & Accountability (GENIUS Act §201–§203)

• • • Boards must formally document oversight of compliance programs.
    • Compliance officers are expected to brief leadership regularly on GENIUS-related risks.

• • Third-Party Oversight (GENIUS Act §210)

• • • Vendors and service providers must also meet GENIUS standards.
    • FIs remain fully liable for outsourced functions.

• • Training & Culture (GENIUS Act §305)

• • • Mandatory staff training on data accuracy, reporting, and ethical responsibilities.
    • Regular certification of compliance teams’ readiness.

WHO SHOULD ATTEND:

This session will be most useful for Compliance Officers, Risk Professionals, Auditors, and Management, as well as anyone interested in learning about the GENIUS Act and how it can be embedded in your financial Institution.