Government officials continue to respond to COVID-19 and that applies to bank regulators as well. The FDIC issued FIL-17-2020 which encourages financial institutions to assist its customers and communities affected by the...more
When most bankers think of “operational risk,” they think of day-to-day operations like internal or external fraud, reconciliation failures, and the like. The Comptroller of the Currency recently reminded banks, however, the...more