Business Resiliency Challenges and Strategies November 15, 2018 Eric Holmquist, managing principal, ERM National Practice at Capco, discusses looking at business resiliency through a lens of enterprise risk management, and how using risk management tools can be more effective when we think about topics that can be destructive to our world.
State of the Economy October 29, 2018 Mark Zandi, Chief Economist, Moody’s Analytics, discusses the current and future state of the U.S. economy as we round out the year.
The Effect of CECL on Small Banks October 15, 2018 Peter Cherpack of Ardmore Advisors discusses CECL implications for smaller, less complex institutions.
Credit Grading October 01, 2018 John Cassis, independent consultant and retired banker, discusses common credit-grading models.
FinCEN’s Exceptive Relief September 25, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the Financial Crimes Enforcement Network’s (FinCEN) 90-day temporary and limited exceptive relief to covered financial institutions from the obligations of the Beneficial Ownership Rule for Legal Entity Customers for certain financial products and services that were established before the Beneficial Ownership Rule’s Applicability Date of May 11, 2018.
Social Media: Successes and Failures for an Organization September 17, 2018 Neil Berdiev, Managing Partner and Founder of DNB Advisory, discusses social media and its role in the successes and possible failures for an organization.
Real Estate Concentrations September 04, 2018 Dev Strischek, author of RMA’s Analyzing Construction Contractors and the instructor for RMA’s course of the same name, discusses the importance of real estate concentrations.
Emerging Risks August 20, 2018 Joseph Iraci, Head of Financial Risk Management at TD Ameritrade, discusses emerging risks and the impact they have on your business.
Young Professionals Podcast Series: The Intrapreneurial Way August 15, 2018 RMA’s Young Professionals Audio Conference: The Intrapreneurial Way explores the role of the intrapreneur, employees who use entrepreneurial mindsets to uncover creative and profitable ways to solve problems and improve their industries for their employers.
Credit Risk and Strategy August 06, 2018 Mo Ramani, Executive Vice President, Enterprise Risk Services, SunTrust Banks, discusses the importance of credit risk and its impact on strategy and long-term success.
Environmental Revisions to the SBA Policy July 31, 2018 Kathryn Peacock is a Relationship Manager with Partner Engineering and Science. Peacock shares with us the environmental revisions to the SBA policy.
What is CECL and How Will it Affect Me? July 23, 2018 Zach Englert is a Business Analyst with MST. Englert helps us understand CECL, how it will affect banking, and how it relates to you and your job.
How Technology Can Create Leadership Opportunities for You July 16, 2018 Jay Jenkins, Senior Product Manager with Ncino and talks about leadership opportunities for younger people through the adoption of technology.
Federal Agencies Issue Statement on Reform Act Implementation July 11, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the federal banking agencies’ statement from July 6 detailing rules and associated reporting requirements that are immediately affected by the enactment of the Economic Growth, Regulatory Relief, and Consumer Protection Act. The statement describes interim positions that the agencies will take before incorporating these changes into their formal regulations.
Helping Your Borrower Through Environmental Risk Management July 09, 2018 Derrick Ezovski is President and CEO with ORMs. Derrick discusses how you can help your borrower through the environmental risk management process.
Reform Law Implementation June 29, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses how the regulatory agencies will implement the provisions of the Economic Growth, Regulatory Relief, and Consumer Protection Act.
Streamlining Commercial Lending Through the Use of Technology June 26, 2018 Bill Phelan, President and CEO of Pay Net, discusses how technology can help to streamline banks.
Cognitive Biases and Decision Making June 11, 2018 Joseph Iraci, Head of Financial Risk Management at TD Ameritrade, discusses how decision making could be affected by cognitive biases and emotions.
President Trump Signs Economic Growth, Regulatory Relief, and Consumer Protection Act June 04, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the signing of the Economic Growth, Regulatory Relief, and Consumer Protection Act, which makes certain amendments to the Dodd-Frank Act and other modifications to post-crisis regulatory requirements.
Leveraging Data for the CRE Appraisal Process May 25, 2018 Ryan Kelley, Commercial Appraisal Specialist, State Bank of Cross Plains, discusses the concept of leveraging data to enhance returns from the commercial real estate appraisal process.
Memorandum Issued by U.S. Treasury Department May 21, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the U.S. Treasury Department’s findings and recommendations for modernization of the Community Reinvestment Act framework.
Lending to Wealthy Individuals May 14, 2018 Michael Stara, President, East Coast Consulting Group, discusses extending credit to high-worth individuals.
U.S. Senate Votes to Overturn 2013 Guidance May 07, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the vote by the U.S. Senate to overturn the CFPB’s 2013 guidance, “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.”
Capital Expenditures in Cash Flow Analysis April 30, 2018 John Cassis, CRC, an independent consultant and retired banker, discusses capital expenditures (CapEx) in cash flow analysis.
Risk Appetite Framework April 23, 2018 RMA Board Member Spyro Karetsos, EVP and Head of Enterprise Risk Services, SunTrust Banks; Jeremy Zierler, SVP and Head of Risk Strategy, SunTrust Banks; and Andréa D’Amore, SVP and Strategic Risk Manager, SunTrust Banks, discuss the components that make up an effective risk appetite framework.
High Performance Cultures April 16, 2018 Joseph Iraci, Head of Financial Risk Management at TD Ameritrade, discusses building and sustaining a high-performance culture.
GCOR XII Preview: Root-Cause Analysis: Lessons Not Learned From Recent Corporate Risk Management Failures April 04, 2018 Steven Minsky, CEO, Logic Manager, provides an overview of his session at RMA’s upcoming Governance, Compliance, and Operational Risk Conference to be held April 18-19, 2018. He will discuss what he calls the “see-through economy,” an age of transparency where customers and investors are empowered to fill the gap left between what regulatory oversight has not kept up with, and where new technologies and social media has filled in the gap.
A Strong Third-Party Risk Management Culture (Part 2) April 02, 2018 In the second installment of a two-part podcast series, Linda Tuck Chapman, President, Ontala Performance Solutions, emphasizes the importance of aligning your third-party risk management framework with your operational and enterprise risk management frameworks.
CFPB’s Four Requests for Information March 28, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the CFPB’s four requests for information.
GCOR XII Preview: Third-Party Risk Management – Value Proposition and Scope March 26, 2018 Linda Tuck Chapman, President, Ontala Performance Solutions, provides an overview of her keynote address at RMA’s upcoming Governance, Compliance, and Operational Risk Conference to be held April 18-19, 2018. She will discuss the overall value proposition and scope of an effective third-party risk management program.
A Strong Third-Party Risk Management Culture March 19, 2018 In the first installment of a two-part podcast series, Linda Tuck Chapman, President, Ontala Performance Solutions, emphasizes that effective third-party risk management can only be achieved when there is a risk-centric “tone at the top.”
CFPB’s Requests for Information March 12, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the CFPB’s series of requests for information.
Celebrating 100 Years of The RMA Journal – Paul W. Parker March 05, 2018 RMA Board Member Paul Parker, Vice Chairman & Chief Risk Officer, U.S. Bancorp, shares his testimonial of The RMA Journal and why it is the go-to publication for risk managers in the banking industry.
GCOR XII Preview: Third-Party Risk Management - Vendor Oversight and Monitoring February 21, 2018 Larry Salvati, Operational Risk Manager, Wells Fargo, provides an overview of his upcoming session on vendor oversight and monitoring of third-party risk management at RMA’s upcoming Governance, Compliance, and Operational Risk Conference to be held April 18-19, 2018.
Liquidity and Capital Management February 20, 2018 Joseph Iraci, Head of Financial Risk Management at TD Ameritrade, discusses liquidity and capital management and how each plays a critical role in ensuring firm solvency.
Mulvaney Memo to CFPB Staff February 14, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses CFPB Acting Director Mick Mulvaney’s internal memo to all CFPB staff setting forth his intended governing philosophy as it will apply to the mission and practices of the agency.
CFPB’s Request for Information on Civil Investigative Demands February 12, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the CFPB’s request for information regarding the CFPB’s civil investigative demands.
Celebrating 100 Years of The RMA Journal – Sarah Cowan February 06, 2018 RMA Board Member Sarah Cowan, Senior Vice President, National Bank of Middlebury, shares her testimonial of The RMA Journal, its impact on her career and the industry in general.
Federal Reserve Guidance on Supervisory Expectations January 31, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the Fed’s proposed guidance on supervisory expectations related to risk management for large financial institutions.
CFPB’s Payday Rule and Call for Evidence January 29, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the CFPB’s Payday Rule and Call for Evidence.
OCC’s Policy Goals January 25, 2018 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the policy goals stated by OCC Comptroller of the Currency Joseph Otting.
The State of the Retail Sector January 22, 2018 Taylor Palmer, Madeline Hurley, and Anya Cohen of IBISWorld discuss the dynamics of a changing retail sector.
Economic Outlook for 2018 January 09, 2018 Mark Zandi, Chief Economist, Moody’s Analytics, discusses the current and future state of the U.S. economy as we head into the new year.
Regulatory Update – FDIC Vice Chairman Thomas Hoenig and U.S. Trend and Bank Consolidation December 04, 2017 In a recent speech given by FDIC Vice Chairman Thomas Hoenig, Hoenig discussed his concerns regarding U.S. trend and bank consolidation, its effect on the economy, and the current regulations affecting this trend.
Regulatory Update – FDIC Chairman Martin Gruenberg and the Public and Private Sectors November 27, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses FDIC Chairman Martin Gruenberg’s speech on how the public and private sectors underestimated the risks that the financial industry was facing leading up to the financial crisis.
Celebrating 100 Years of The RMA Journal – Thomas E. Freeman November 20, 2017 RMA Board Member Thomas Freeman, Corporate Executive Vice President and Efficiency and Strategic Partnerships Executive, SunTrust Banks, shares his testimonial of The RMA Journal, its impact on his career, and articles that have assisted him in his career.
Regulatory Update – HMDA Data Collection November 06, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the FFIEC’s guidelines used to assess the accuracy of the Home Mortgage Disclosure Act data that institutions record and report.
Preview of RMA’s Annual Risk Management Conference: Cybersecurity and Resiliency November 01, 2017 Scott Ramsey, Managing Principal, Cybersecurity and Resiliency Services Practice, Capco, highlights the key points that will be discussed in a session on banks’ cybersecurity and resiliency at RMA’s Annual Risk Management Conference to be held November 12-14 in Boston, Mass.
CFPB Outlines Principles to Protect Consumers October 30, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the CFPB’s principles for protecting consumers when they authorize third-party companies to access their financial data.
Register Now! “Establishing a Risk Framework for Cybersecurity” Audio Conference October 26, 2017 Stephany Head, Ph.D., President of OpRisk Associates, provides an overview of RMA’s upcoming operational risk audio conference, “Establishing a Risk Framework for Cybersecurity,” to be held on December 19 at 1pm.
Celebrating 100 Years of The RMA Journal – Edward P. Schreiber October 23, 2017 RMA Vice Chair Edward Schreiber, chief risk officer, Zions Bancorporation, shares his testimonial of The RMA Journal, its impact on his career, and articles that have assisted him in his career.
Regulatory Update – FDIC Issues Summer 2017 Supervisory Insights September 27, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, provides an overview of two articles published in this issue: “Community Bank Liquidity Risk: Trends and Observations from Recent Examinations,” and “The Bank Secrecy Act: A Supervisory Update.”
Celebrating 100 Years of The RMA Journal - Spyro Karetsos September 25, 2017 RMA Board Member Spyro Karetsos, Executive Vice President and Head of Enterprise Risk Services, SunTrust Bank, shares his testimonial of The RMA Journal, its impact on his career and the industry in general.
Equifax Announces Cybersecurity Incident September 21, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the recent Equifax breach affecting more than 143 million U.S. consumers.
Regulatory Update - FAQs about CECL September 20, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the federal banking agencies’ FAQs on CECL to assist banks and examiners.
Community Banks and Credit Risk September 18, 2017 In an interview with Paul Guinan, Manager of Market Risk and Securities Lending at RMA, James Clarke, Principal of Clarke Consulting, discusses credit risk with regard to the current business cycle, commercial real estate, construction lending, and auto lending.
Liquidity Risk and Regulation September 11, 2017 In an interview with Paul Guinan, Manager of Market Risk and Securities Lending at RMA, James Clarke, Principal of Clarke Consulting, discusses regulators’ concerns regarding liquidity risk; short-term interest rates; Fed rates for the next 6-12 months; and managing liquidity risk with wholesale solutions versus retail deposits.
Community Banks and Interest Rate Risk September 05, 2017 In an interview with Paul Guinan, manager of market risk and securities lending at RMA, James Clarke, principal of Clarke Consulting, discusses regulators’ concerns with balance sheet management and interest rate risk; concerns for ALCO groups; the relationship between liquidity risk and interest rate risk and their impact on community banks; backtesting and modeling; and stress testing.
Managing Reputation Risk August 29, 2017 Joseph Iraci, Head of Financial Risk Management, TD Ameritrade, discusses reputation risk and ways financial institutions can monitor and manage it.
Celebrating 100 Years of The RMA Journal - Robert Messer August 14, 2017 RMA Vice Chair Robert Messer, senior executive vice president and chief financial officer, The American National Bank of Texas, shares his testimonial of The RMA Journal, its impact on his career and the industry in general.
SEC Settlement Cycle Guidance July 31, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the federal banking agencies’ guidance highlighting the actions that banks should take to prepare for the change in the Securities and Exchange Commission’s rule governing the securities settlement cycle.
Updating Your Credit Policy July 25, 2017 Dev Strischek, Retired Senior Vice President and Senior Credit Policy Officer, SunTrust Banks, provides tips on how to identify if a policy needs to be rolled over, repaired, or replaced.
Developing Credibility: Integrity, Knowledge, Competence July 11, 2017 John Cassis, CRC, a retired banker of 24 years, discusses the importance of remaining credible, a quality that may not only be used within an organization, but also with your customers and in any other areas of life.
Weekly Regulatory Update – Week of June 26, 2017 June 29, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the Consumer Financial Protection Bureau’s extension of the comment period on its request for information regarding the small business lending market.
Due Diligence and Its Impact on Third-Party Risk Management June 28, 2017 Branan Cooper, Chief Risk Officer, Venminder, discusses the due diligence process of an effective third-party risk management program.
Weekly Regulatory Update – Week of June 12, 2017 June 14, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the advisory issued by the federal banking agencies to address concerns over the limited availability of state-certified and licensed appraisers, particularly appraisers located in rural areas.
Model Convergence June 05, 2017 Joseph Breeden, Founder and CEO, Prescient Models, discusses how existing models can converge or be modified to adapt and fill different needs, specifically regarding Basel II for capital reserves, CCAR/DFAST programs for stress testing, and IFRS9 and CECL for ALLL.
Weekly Regulatory Update - Appraiser Waiver Advisory June 01, 2017 Bernie Mason, RMA’s Regulatory Affairs Liaison, discusses the federal agencies’ Appraiser Waiver Advisory that highlights two options to help ensure depository institutions and bank holding companies facilitate the timely consideration of loan applications.
The Advent of PACE Lending May 23, 2017 Thomas Nida, Regional Executive, John Marshall Bank, discusses property-assessed clean energy (PACE) lending, which refers to programs that use voluntary special tax assessments to fund the cost of clean energy, specifically for commercial properties.
Weekly Regulatory Update - Week of May 15, 2017 May 16, 2017 Bernard Mason, RMA’s Regulatory Relations Liaison, discusses the OCC’s new “Retail Lending” booklet of the Comptroller’s Handbook, the FDIC’s new guide to help community bankers learn more about the programs and products offered by the Federal Home Loan Banks to facilitate mortgage lending, and the CFPB’s proposed changes to the Home Mortgage Disclosure Act rule.
An Overview of the CFPB’s Spring 2017 Supervisory Highlights May 11, 2017 Bernard Mason, RMA’s Regulatory Relations Liaison, discusses the CFPB’s recent Spring 2017 Supervisory Highlights report, which revealed that some student loan and mortgage servicers are violating the law by failing to provide struggling borrowers with legal protections.
The RMA Journal Features Article on Intraday Risk Management May 09, 2017 The July-August issue of The RMA Journal will feature an interview with RMA Director of Market Risk and Securities Lending Fran Garritt on the very important and timely topic of intraday liquidity risk management.
Risk Management and Data Science May 08, 2017 Joseph Iraci, Head of Financial Risk Management, TD Ameritrade, discusses how risk management has evolved and its growing alignment with data science.
Building a Better Third-Party Risk Management Program April 24, 2017 Linda Tuck Chapman, President, Ontala Performance Solutions, discusses the process for building a better third-party risk management program.
Weekly Regulatory Update – Week of April 10, 2017 April 11, 2017 In a speech given by Comptroller of the Currency Thomas Curry, Curry discusses some of the things regulators have done since the financial crisis to make the U.S. banking system more resilient.
Measuring and Monitoring Corporate Culture April 03, 2017 Joseph Iraci, Head of Financial Risk Management, TD Ameritrade, discusses ways to measure corporate culture.
Weekly Regulatory Update – Week of March 27, 2017 March 27, 2017 FDIC Vice Chairman Thomas Hoenig offers a new policy proposal that would allow the largest U.S. banks to separate their banking and investment activities in exchange for regulatory requirements.
K-1 Caution: Measuring Pass-through Cash Flow March 21, 2017 John Cassis, CRC, a retired banker of 24 years, discusses ways to effectively handle K-1s when preparing global cash flows.
Corporate Tax Reform in 2017 March 14, 2017 Madeline Hurley, Lead Industry Analyst, IBISWorld, Dmitry Diment, Senior Research Analyst, IBISWorld, and Kelsey O’Hollaren, Lead Industry Analyst, IBISWorld, discuss the recent developments in U.S. corporate tax reform.
Insurance Risk of a Contractor March 07, 2017 Dev Strischek, Retired Senior Vice President and Senior Credit Policy Officer, SunTrust Banks, summarizes his three-part series on contractor insurance, which appears in the February, March, and April 2017 issues of The RMA Journal.
Weekly Regulatory Update – Week of February 20, 2017 February 23, 2017 Bernard Mason, RMA’s regulatory relations liaison, discusses the FDIC’s review of the contracts between financial institutions and technology service providers (TSPs) to determine how clearly these contracts address the TSP’s responsibilities related to business continuity planning and responding to and reporting cybersecurity incidents.
The Risk of Long-Term Auto Loans February 21, 2017 Nidhi Verma, Senior Director of Research and Consulting, TransUnion, discusses the impact of longer terms in the auto finance market.
Identifying and Mitigating Character Flaws of Clients Before It’s Too Late February 07, 2017 Jason Alpert, Vice President and Loan Adjustment Manager, Credit Management Group, Wells Fargo Bank, discusses ways a vigilant lender can be on the lookout for the common personality traits that often result in borrower defaults—referred to here as the seven deadly sins of small businesses.
Weekly Regulatory Update – Week of January 30, 2017 January 31, 2017 Bernard Mason, RMA’s regulatory relations liaison, discusses the OCC’s Semiannual Risk Perspective for fall 2016, which continues to emphasize strategic planning; easing of underwriting standards; CRE loan quality and concentration risk; and cybersecurity, third-party, and governance issues; and more.
The State of the Economy January 23, 2017 Mark Zandi, Chief Economist, Moody’s Analytics, discusses the current state of the U.S. economy; the new administration and its potential effects on the economy; interest rates; and the global economy.
The Importance of a Strong Risk Culture January 09, 2017 Spyro Karetsos, Head of Enterprise Risk Services at SunTrust Banks, and an RMA Board Member, interviews Tiffany Wyne, Vice President, Risk Strategy & Framework of Enterprise Risk at SunTrust on why developing a strong risk culture program is so important to your institution.
Weekly Regulatory Update – Week of January 2, 2017 January 05, 2017 Bernard Mason, RMA’s regulatory relations liaison, discusses the CFPB’s recent bulletin warning financial companies that create incentives for employees to meet sales goals that they can lead to consumer financial harm if not properly managed.
Setting Cyber Security Policy Audio Conference September 13, 2017 Stephany Head, Ph.D., President of OpRisk Associates, provides an overview of RMA’s upcoming operational risk audio conference, “Setting Cyber Security Policy,” to be held on September 19 at 1 pm. To register for this audio conference, please contact Sylwia Czajkowska at sczajkowska@rmahq.org or 215-446-4071.
Small Business Automation for Underwriting December 20, 2016 Hugh Connelly, President of Univest Capital, discusses small business automation for loan documentation, loan processing, and loan booking needs.
Are You Prepared for the Transition from ALLL to CECL? December 06, 2016 John Closs, Executive Vice President of Technical Sales, MainStreet Technologies, discusses the steps to CECL implementation and the CECL Transition Calculator.
Weekly Regulatory Update – Week of November 7, 2016 November 10, 2016 Bernard Mason, RMA’s regulatory relations liaison, discusses the launch of the FDIC’s new program that provides insured depository institutions the ability to file annual reports electronically, and the CFPB’s complaint report for September 2016.
Best Practices in Risk Identification Frameworks November 08, 2016 Arindam Majumdar, senior enterprise risk program manager at Bank of the Ozarks, and Jim Lentino, director of corporate risk management at Discover Financial Services, discuss the importance of risk identification frameworks.
Surprise! Market Theories Fail in Real-World Tests October 25, 2016 Ed Blount, senior research fellow at Fordham University, and executive director of the Center for the Study of Financial Market Evolution in Washington, D.C., describes how data-based studies have been used to change the negative views of financial markets held by some bank customers and regulators.
Weekly Regulatory Update – Week of September 26, 2016 September 29, 2016 Bernard Mason, RMA’s regulatory relations liaison, discusses the release of the federal banking agencies’ report to Congress on activities and investments that banking entities may engage in under appropriate law.
Risk Appetite Framework and Its Effect on Business Strategy September 27, 2016 Joseph Iraci, head of financial risk management at TD Ameritrade, discusses establishing an overall risk appetite framework that aligns with business strategy.
RMA’s Operational Risk Management Fundamentals Certificate September 15, 2016 Steve Krasowski, contributing editor of The RMA Journal, discusses RMA’s Operational Risk Management Fundamentals Certificate, which is intended for individuals who are new to the operational risk discipline and confirms that an individual has a solid understanding of general risk concepts, or for institutions to validate their entry-level training programs.
Credit Risk Data Integrity September 13, 2016 Joseph Ganzelli, Sr., a director in KPMG’s Operations Risk Service Network, discusses how financial institutions can meet the objectives of BCBS 239 relating to the accuracy and integrity of risk data to address data validation at the earliest stages in the loan process.
Weekly Regulatory Update – Week of August 22, 2016 August 23, 2016 Bernard Mason, RMA’s regulatory relations liaison, discusses topics included in the OCC’s new booklet, “Corporate and Risk Governance,” which is part of the Controller’s Handbook Series.
Weekly Regulatory Update – Week of June 27, 2016 June 27, 2016 Bernard Mason, RMA’s regulatory relations liaison, discusses the new accounting standard, “Measurement of Credit Losses on Financial Instruments,” issued by the FASB.
Regulatory Update - 6-14-2016 June 14, 2016 Bernard Mason, RMA’s regulatory relations liaison, discusses the new final rule issued by the U.S. Department of the Treasury on “Customer Due Diligence Requirements for Financial Institutions.”
Regulatory Update - 4-13-2016 April 13, 2016 Bernard Mason, RMA’s regulatory affairs liaison, discusses the OCC’s white paper, which summarizes the OCC’s research on the principles guiding the development of the agency’s framework for understanding and evaluating innovation.
RMA Taxonomy Survey Results March 11, 2016 Stephen Krasowski, contributing editor for The RMA Journal, discusses the results of a recent RMA survey designed to address RMA members’ interest in ascertaining the range of practice regarding member institutions, with regard to taxonomy.
CFPB and Accuracy of Banking Information February 23, 2016 Bernard Mason, RMA’s regulatory affairs liaison, talks about the CFPB’s recent bulletin warning banks that they must have systems in place regarding accuracy when passing on information such as negative account histories to checking account reporting and other credit reporting companies.
Regulatory Update – 12-17-2015 December 17, 2015 Bernard Mason, RMA’s regulatory affairs liaison, provides an update on the revisions of the FDIC’s Compliance Examination Manual, and the CFPB’s bulletin on automatic account debit authorization.
Construction Loan Risk Management November 19, 2015 Dev Strischek, senior vice president and credit policy officer, SunTrust Bank, discusses construction loan risk management and the importance of managing your high volatility commercial real estate (HVCRE) administration to keep costs down and projects on schedule.
Tax-Refund-Related Products and Military Lending Act Rule August 26, 2015 Bernard Mason, RMA’s regulatory relations liaison, discusses both the recent guidance issued by the OCC outlining safety and soundness measures for tax-refund-related products and the final Military Lending Act rule.
Prepare Now for an Interest Rate Hike August 17, 2015 Dev Strischek, senior vice president and credit policy officer, SunTrust Bank, talks about the impending increase in interest rates, interest rate sensitivity, and debt service coverage ratios.
RMA Social Media Survey August 12, 2015 Stephen Krasowski, contributing editor for The RMA Journal, discusses the results from the 2015 RMA Social Media Survey.
Comment Periods for Impending Rules July 28, 2015 Robert Messer, Chief Financial Officer, American National Bank of Texas, </strong>encourages the review of proposed regulations and offering comments, and ultimately being helpful to regulatory agencies and the industry in general.
Regulatory Agencies Issue Standards for Assessing Diversity Policies and Practices June 22, 2015 RMA's Regulatory Relations Liaison Bernard Mason discusses how the final standards issued by the FDIC, FRB, OCC, NCUA, CFPB, and SEC regulatory agencies provide a framework for regulated banks to create and strengthen their diversity policies and practices.
Highlights from Benhart Speech June 11, 2015 RMA Regulatory Relations Liaison Bernard Mason provides highlights from a speech given by OCC Deputy Comptroller Darrin Benhart on concentration risk management, correlation risk, and overreliance on historical performance.
FDIC and Customer Relationships June 11, 2015 RMA's Regulatory Relations Liaison Bernard Mason talks about ways the FDIC is encouraging a risk-based approach in assessing customer relationships.
Highlights from the webinar, Information Security in Operational Risk June 10, 2015 Eric Holmquist, managing director, Accume Partners, provides an overview of his webinar, “Information Security in Operational Risk.”
Highlights from the webinar, “Understanding the Boundaries Between Credit Risk and Operational Risk June 10, 2015 Eric Holmquist, managing director, Accume Partners, provides an overview of his webinar, “Understanding the Boundaries Between Credit Risk and Operational Risk.”