Banking

Banking

A Video Overview of Beneficial Ownership with Regology’s Esteban Santana

In this video, Esteban Santana, Regology’s Financial Services Industry Lead and former Senior Special Agent with the FDIC, addresses...
Banking

Tougher Regulations Expected in the Financial Sector

It’s no surprise that tougher regulatory oversight is “knocking on the door” for financial institutions. The unfortunate failure of...
Anti-Money Laundering (AML)

A Video Overview of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) with Regology’s Esteban Santana

In this video, Esteban Santana, Regology’s Financial Services Industry Lead and former Senior Special Agent with the FDIC, addresses...
Banking

Compliance Leaders’ Q&A Series: Banking

As part of Regology’s Compliance Leaders’ Q&A Series, we asked a Sr. Director of Corporate Compliance at a large...
Banking

The Financial Conduct Authority (FCA) Handbook is Now Available on Regology

Regulated firms in the UK financial services industry face a lot of rules and regulations they need to follow....
Banking

What Happens When a Bank Fails: Understanding the FDIC’s Role in the Case of Silicon Valley Bank (SVB)

Update: Joint Statement by the Department of the Treasury, Federal Reserve, and the FDIC indicating resolution of SVB to...
Banking

Consumer and Credit Reporting: Key Regulations for Banks and Credit Unions Today

According to several publications, consumers complain about credit reporting more than anything else. And the biggest complaint has been...
Regulatory Change Management

Year In Review and Regulatory Developments to Watch in 2023

Push for transparency and better governance structures The year 2022 was a junction of geopolitical and economic challenges with...
Banking

Cannabis and the U.S. Financial System: How Can Banks and Credit Unions Prepare? – Part 2

As discussed in Part 1 of this two-part article series, cannabis banking services are a lucrative new venture for...
Banking

Cannabis and the U.S. Financial System: How Can Banks and Credit Unions Prepare? – Part 1

According to Fortune Business Insights, the global cannabis market is projected to grow from $28.266 billion in 2021 to...
Cryptocurrency

The Role of Digital Currency in Emergency Circumstances

When the COVID-19 pandemic started in March 2020, the U.S. government provided emergency payments to businesses and the American...
Banking

Digital Assets and Financial Institutions: Will There Be A Partnership?

In our article on the regulatory future of crypto, we covered President Biden’s Executive Order on digital assets, which...
Banking

Credit Unions: 5 Pillars Of An Effective AML Compliance Program

Credit unions (like banks) accept deposits, make loans, and provide many other financial services. They have a rich history...
Banking

Fair Credit Reporting Act: Could Your Financial Institution Be Considered A Consumer Reporting Agency?

Last week, we discussed the cost of non-compliance with CFPB Fair Lending Practices, and how regulatory intelligence technology can...
Banking

Cost of Not Being in Compliance with CFPB Fair Lending Practices

The purpose of this series of articles will be to highlight regulatory information that is important to banks and...
Banking

The Creation and Purpose of Regulatory Agencies

When I was a U.S. Postal Inspector in 2001, I started my career investigating large-scale illegal narcotic cases at...
Banking

Buy Now, Pay Later: Popularity, Banks, and Regulation

There is a popular method of purchasing that special gift for your loved one, or maybe a must-have item....
Banking

CAMELS Ratings and Financial Institutions

CAMELS is an acronym for capital adequacy, assets, management capability, earnings, liquidity, and sensitivity. In 1979, the members of...
Banking

Banking

Global banking updates amongst all tracked agencies. Week of Sept. 15, 2020 US – OCC Allows National Banks and...