"Technology-based products and services are the future of banking and the economy."
"What excites me most about the changes occurring in financial services is the great potential to expand financial inclusion, reach...more
12/12/2016
/ Bank Secrecy Act ,
Banking Sector ,
BSA/AML ,
Consumer Financial Products ,
Financial Services Industry ,
FinTech ,
Innovation ,
Innovative Technology ,
NYDFS ,
OCC ,
Popular ,
Regulatory Oversight ,
Trump Administration
On January 12, 2016, the Federal Housing Finance Agency (“FHFA”) issued a final rule establishing new requirements for membership in the Federal Home Loan Banks (“FHLBanks”). The FHLBanks are 11 U.S. government-sponsored...more
On January 8, 2016, Fitch updated its criteria for rating investment holding companies. Report. On January 7, 2016, Moody’s updated and replaced its existing methodology for rating banks. On January 7, 2016, Moody’s published...more
On January 12, 2016, the Federal Housing Finance Agency (“FHFA”) issued a final rule establishing new requirements for membership in the Federal Home Loan Banks (“FHLBanks”). The FHLBanks are 11 U.S. government-sponsored...more
On December 3, 2015, the Office of the Comptroller of the Currency (“OCC”) provided updated guidance for its risk assessment system (“RAS”). The guidance (i) clarifies the relationship between RAS and the Uniform Financial...more