CFPB Monitor

OCTOBER 19, 2022

We have our first-ever federal court opinion evaluating the requirements of Regulation F! Reading Regulation F out loud” is more like it. The Question: Does Regulation F require debt collectors to use the CFPB’s model validation notice (“MVN”) to comply with the FDCPA? It’s official! See id. § 1006.34(d)(2). Id. § 1006.34(d)(2)(i)….The

Regulation 78

Regulation Compliance Analysis Exercises 78

BankUnderground

DECEMBER 19, 2022

Following the Global Financial Crisis of 2007–08, some regulators introduced rules on bankers’ bonuses with an aim to mitigate incentives to take excessive risks, and in turn promote financial stability. Following the crisis, regulators introduced remuneration requirements aiming to remedy this. Ieva Sakalauskaite and Qun Harris.

Regulation 94

Regulation Analysis Study Policies 94

PYMNTS

OCTOBER 21, 2018

According to Reuters , the Paris-based global AML watchdog revealed that jurisdictions around the world will be required to license or regulate cryptocurrency exchanges, as well as select firms providing encrypted wallets and firms providing financial services for ICOs. Countries have attempted to rein in the market. Last year, the U.K.

Bitcoin 199

Bitcoin Regulation cryptocurrency Analysis 199

PYMNTS

DECEMBER 19, 2018

securities regulator is having trouble with rating agencies because it doesn’t have the tools or specific knowledge it needs to analyze huge amounts of rating data, according to a report from Reuters. Kimberly Earle, a former team leader at DERA, said there are many unanswered questions about the directive.

Regulation 128

Regulation Data Analysis Compliance 128

Abrigo

FEBRUARY 18, 2016

In this webinar, Sageworks is teaming up with Linda Keith CPA again to bring you more great information about tax return analysis. Linda has been a guest speaker on several Sageworks webinars that covered topics like Global Cash Flow , Red Flags for Tax Return Analysis and Making Judgement Calls for Tax Return Analysis.

Guidelines 150

Guidelines Analysis Taxes Training 150

PYMNTS

DECEMBER 11, 2018

According to a report in CNBC , citing the report published by the ACCC, the government watchdog listed a series of remedies, which include creating a government agency that would be tasked with regulating how the likes of Facebook and Google publish news on their platforms.

Google 148

Google Regulation Taxes Analysis 148

Insights on Business

MARCH 4, 2019

It seems like just yesterday when complying with regulation was the end goal in itself. The bulk of these efforts were focused on simply churning out reports to keep regulators happy. In addition to the data challenge, regulations are becoming more complex. There is a new and more complex reality now.

Analysis 79

Analysis Report Regulation Compliance 79

PYMNTS

MAY 1, 2018

Regulators in the U.S. are considering the regulation of digital tokens outside bitcoin. The Wall Street Journal reported that the inquiry is focused on the cryptocurrency Ethereum, which hasn’t been in the crosshairs of regulators as of yet.

Regulation 104

Regulation Bitcoin cryptocurrency Massachusetts 104

Perficient

DECEMBER 1, 2023

Despite this proactive approach, federal banking regulators either neglected to review the same documents or did so without taking necessary action before the bank failed. Contact us today to navigate the evolving landscape of risk and regulation successfully.

FDIC 221

FDIC Risk Management Regulation Leadership 221

PYMNTS

AUGUST 23, 2019

And blockchain analysis firm Chainalysis announced the launch of suspicious cryptocurrency transaction alerts in Chainalysis Know Your Transaction (KYT). “This partnership with Pundi X solidifies our commitment to make cryptocurrency as easy to use as fiat currency in our stores.”.

blockchain 124

blockchain Analysis cryptocurrency Bitcoin 124

Perficient

MARCH 16, 2023

Having each task matched to the right skills and capabilities is key to ensuring that each step in the process is completed as efficiently and effectively as possible so that clients and regulators see the program in the best possible light. These include client remediation programs at several mid and large-sized financial institutions.

Analysis 275

Analysis Resources How To Regulation 275

Abrigo

FEBRUARY 16, 2024

Assign clear responsibilities and establish accountability at all levels—from mechanics and calculations to analysis of covenant breaches. Kirby also recommends identifying the concentrations in your loan portfolio so regulators can see that you are planning for the future of whatever industries your financial institution specializes in.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

SEPTEMBER 13, 2019

So far, most data issues with tech companies have been handled on a case-by-case analysis, without specific regulatory guidelines. We need regulation,” she said in Copenhagen. Vestager has fined Google and Qualcomm around $10 billion euros after they were found to have squashed competition. “If

Regulation 108

Regulation Data Guidelines Maine 108

Abrigo

FEBRUARY 6, 2024

Cash flow analysis: Draft policies focused on consistent and accurate cash flow analyses. Consider that global cash flow analysis will be necessary for complex borrowers and outline cases in which analysis is encouraged.

Lending 221

Lending How To Risk Management Policies 221

PYMNTS

MAY 29, 2018

Banks, faced with low business growth and fierce competition in the industry, are offering business loans with sweeter terms, which is worrying some regulators. That doesn’t mean the regulators aren’t stepping in. The regulator wouldn’t say which banks received the citations.

Regulation 101

Regulation Lending Industry Analysis 101

Abrigo

FEBRUARY 14, 2024

Source: CBRE Apply scenario tests to CRE Assessing CRE risks for informed decisions Market monitoring and commercial real estate risk analysis are indispensable to sound CRE risk management. CBRE stated recently that the share of U.S. Some of these stressors include interest and vacancy rates or a decline in collateral values.

Risk Management 195

Risk Management Management Lending Capital 195

Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. As repeated by federal bank regulators, the required economic scenarios are not forecasts.

Capital 294

Capital Regulation Exercises United States 294

The Banker

AUGUST 18, 2022

There is a question mark over whether European open banking regulations really favour innovation, with the Asian approach potentially showing a better way forward. Analysis by Mathilde Guilhon of ESCP Business School.

Regulation 36

Regulation Analysis Innovation 36

PYMNTS

JULY 2, 2018

Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 According to a Wall Street Journal analysis of nearly 900 offerings listed on ICOBench.com, that is more than double the $5.5 billion this year through May. billion ICOs raised all of last year.

Regulation 101

Regulation cryptocurrency Fraud Analysis 101

Abrigo

AUGUST 7, 2023

Takeaway 2 Regulators say management should periodically validate the loss estimation process for the allowance for credit losses (ACL) and any changes to it. Regulators have noted such risks can involve financial losses, poor business and strategic decision-making, or damage to a bank’s reputation.

Risk Management 195

Risk Management Handbook Analysis Management 195

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

Abrigo

JUNE 11, 2021

Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). Takeaway 2 Asset/liability management models use earnings or income simulation models and gap analysis to measure short-term IRR. EAR, Gap Analysis. Regulatory Emphasis.

How To 195

How To Risk Management Analysis Kansas City 195

PYMNTS

APRIL 20, 2017

While much attention has been paid to Wells’ behavior, today a new player is in the spotlight — Wells Fargo’s regulator the Office of the Comptroller of Currency — with questions about why it didn’t act sooner when complaints about the bank began to roll in.

Regulation 108

Regulation Analysis Fraud Report 108

Chris Skinner

FEBRUARY 5, 2020

For example, every year at The Financial Services Club, we are delighted to host our friend David Doyle who, with precision-based analysis, talks us through the implications of EU Regulations on … The post And even if finance gets a #Brexit deal, equivalence is not the answer appeared first on Chris Skinner's blog.

Analysis 308

Analysis Examples Regulation US 308

Abrigo

JULY 11, 2017

Unlike mortgages, small business loans tend to be too variable, with each loan having many unique aspects, to allow for a meaningful aggregate analysis. Specifically, the bankers were worried about the feasibility of analyzing SMB loans for disparate impact on key demographics. published in the May 2017 issue of BankNews.

Regulation 150

Regulation Memphis Tennessee Lending 150

BankUnderground

JULY 31, 2020

To make regulation proportionate, policymakers adapt regulatory requirements to the risks posed by each firm. But regulators face a trade-off between addressing systemic risks in a proportionate way and limiting regulatory complexity. More analysis would be required to understand the drivers.

Regulation 64

Regulation Policies Analysis Capital 64

Insights on Business

MARCH 5, 2019

Reducing costs but appeasing regulators seems like an oxymoron, yet, many AML compliance and operations leaders are being asked to do just that. The question is, how to do this, while keeping the regulators happy? Even better, regulators have recently begun encouraging the application of these techniques.

Regulation 70

Regulation Compliance Analysis Innovation 70

Abrigo

SEPTEMBER 21, 2021

As a loan reviewer, you need to be technically sound in order to do your job, which means you need to have a fundamental understanding of financial analysis, tax analysis, and all of the regulatory laws that surround the credits that you’re going to be reviewing,” Cooley says. Credit Analysis Training. Credit Risk Regulation.

Video 195

Video Analysis Risk Management Training 195

BankUnderground

DECEMBER 8, 2021

Combining textual analysis of banks’ annual reports with the assessment of a key too big to fail (TBTF) reform, we show that this prediction holds in practice. We adjust the official G-SIB score to make it suitable for our analysis. Context-based analysis allows us to further narrow down the regulatory treatment date.

Regulation 84

Regulation Analysis Capital System 84

South State Correspondent

MAY 9, 2023

The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely. Can Regulators Help The banking industry needs regulations and regulators to review banks. economy needs.

FDIC 195

FDIC Regulation Capital Management 195

Independent Banker

FEBRUARY 16, 2015

This analysis should consider the purpose of accounts, actual or anticipated number and type of transaction activity in accounts, the nature of a customer’s business or occupation, a customer’s location and the types of products and services he or she uses. Compliance Corner General Highlighting Regulation & Compliance'

Analysis 70

Analysis Compliance Community Exercises 70

PYMNTS

DECEMBER 15, 2019

VeChain, which was started in 2015 in Singapore, showcases a lending platform based on the blockchain that aids clients in assessing the quality of items purchased via supply chain analysis. The platform features the VeThor Token (VTHO) and VeChain Token (VET). The company, which is based in London, notched $2 million in September.

Bitcoin 133

Bitcoin blockchain Regulation social media 133

PYMNTS

MARCH 11, 2016

The EU regulators are set to release this data as part of their year-long investigation into potential barriers of the cross-border eCommerce ecosystem. It also could give the regulators the information necessary to make a case against companies that may be committing anti-fraud practices. .

Regulation 100

Regulation Regional Analysis Fraud 100

Perficient

NOVEMBER 10, 2023

This analysis helps both current and potential clients understand the resilience of different deposit types to rising interest rates. Transaction Accounts Regulators classify transaction accounts under the Monetary Control Act of 1980 and the Federal Reserve Regulation D for federal reserve requirements on deposit liabilities.

Risk Management 221

Risk Management United States FDIC Compliance 221

Jeff For Banks

MARCH 8, 2014

As financial institutions’ commercial credit portfolios have expanded in recent quarters, regulators have increasingly warned against growing so quickly that risk management standards and processes fall behind. ALLL credit analysis credit risk loan concentrations nwokocha Sageworks'

Analysis 89

Analysis Risk Management Lending Industry 89

Bobsguide

NOVEMBER 27, 2017

“Stress-tests improve an asset manager’s resilience in times of market stress regardless of regulation. Consequently, best-in-class firms will accommodate emerging trends in asset management that affect investors well before regulators take action.” ” - Asset Managers Face.

Analysis 60

Analysis Regulation Trends Management 60

Let's Talk Payments

OCTOBER 6, 2019

Banking, which is a heavily regulated industry, is changing partly due to regulations and also due to new players and tech-led experiences they are bringing to the customers. Read more

Analysis 69

Analysis Regulation Industry 69