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OCC Emphasizes Risk Management Lifecycles in 2025 Supervisory Priorities

OCC Emphasizes Risk Management Lifecycles in 2025 Supervisory Priorities

The risk management life cycle is front and center for operational and compliance risk in the OCC’s 2025 supervisory priories for banks .

Nov 5, 2024 6 min read
What is Dynamic Risk Management and How Does It Work?

What is Dynamic Risk Management and How Does It Work?

Learn how dynamic risk management (DRM) can help financial institutions update risk assessments and address evolving compliance risks.

Oct 17, 2024 4 min read
3 Things Compliance Officers Should Do to Prepare for an Exam

3 Things Compliance Officers Should Do to Prepare for an Exam

We'll share 3 actions the best compliance officers take, and 6 steps for Fair Lending exam prep. If you have an upcoming exam, you need to read this.

Sep 7, 2023 4 min read
What Are Examiners Looking for in 2023? A Look at the OCC and Operational Risk and Compliance

What Are Examiners Looking for in 2023? A Look at the OCC and Operational Risk and Compliance

A look at the issues drawing regulatory scrutiny from bank examiners in 2023 – from HR and compliance to operational resilience and fintechs

Jan 12, 2023 3 min read
What Is A Compliance Management System And Why Your Financial Institution Needs One

What Is A Compliance Management System And Why Your Financial Institution Needs One

Read on to discover what a compliance management system is — and why your FI needs one.

Sep 20, 2022 14 min read
Compliance: Cost Saver or Cost Center

Compliance: Cost Saver or Cost Center

As financial institutions look to rein in costs to compete effectively in today’s economic environment, one critical area where they must be extremely...

Jun 7, 2022 3 min read
FDIC to Banks Considering Crypto: Ask for Permission, Not Forgiveness

FDIC to Banks Considering Crypto: Ask for Permission, Not Forgiveness

Risk management is essential to crypto innovation at banks and credit unions.

May 17, 2022 2 min read
What Will You do if Your Compliance Officer Quits Tomorrow?

What Will You do if Your Compliance Officer Quits Tomorrow?

Shield your institution’s regulatory compliance hiring from the Great Resignation with compliance management that doesn’t quit.

Jan 13, 2022 4 min read
Regulatory Brief for December 2021: Recapping the Year and Preparing for 2022

Regulatory Brief for December 2021: Recapping the Year and Preparing for 2022

Overdraft fees, lending compliance, and data security are on the agencies’ radars for 2022

Jan 6, 2022 3 min read
OCC reprimands bank for poor risk oversight, weak internal controls & repeat findings

OCC reprimands bank for poor risk oversight, weak internal controls & repeat findings

OCC says poor risk management can be an unsafe and unsound banking practice in recent enforcement action against Cenlar Bank.

Nov 2, 2021 3 min read
Regulatory News You Can Use: Briefing on cryptocurrency, the CFPB, and NY’s mortgage lending guidance

Regulatory News You Can Use: Briefing on cryptocurrency, the CFPB, and NY’s mortgage lending guidance

 Regulatory compliance update for banks, credit unions, and mortgage lenders.

Oct 7, 2021 2 min read
 Regulatory Trend Spotting: AI & Innovation

 Regulatory Trend Spotting: AI & Innovation

How is artificial intelligence regulation emerging and evolving?

Aug 25, 2021 2 min read
Advanced Data And Ncontracts Develop Strategic Partnership

Advanced Data And Ncontracts Develop Strategic Partnership

Advanced Data Corporation (ADC), the leading provider of enhanced verification solutions to the mortgage industry, announced a strategic partnership...

Jul 23, 2021 2 min read
Regulatory Brief Highlights for June 2021: Rules from the Top, Fair Lending, and CFPB’s Busy Month

Regulatory Brief Highlights for June 2021: Rules from the Top, Fair Lending, and CFPB’s Busy Month

Regulators haven’t taken a summer break. Find out about the latest regulatory compliance updates on our podcast.

Jul 12, 2021 2 min read
Regulatory Brief for April 2021: State CRA laws, crypto banks, cannabis banking, and more

Regulatory Brief for April 2021: State CRA laws, crypto banks, cannabis banking, and more

Beginning this month, our team of compliance experts will share the latest regulatory news and trends for the month prior. Tune in for April 2021 updates!

May 11, 2021 3 min read
Want to Avoid Litigation? Make Sure Your Financial Institution Isn’t Making These Three Common Mistakes

Want to Avoid Litigation? Make Sure Your Financial Institution Isn’t Making These Three Common Mistakes

Read on for three common compliance management mistakes that can result in litigation.

Apr 27, 2021 7 min read
Flood Insurance: Compliance Tips for Avoiding Costly Penalties

Flood Insurance: Compliance Tips for Avoiding Costly Penalties

Flood insurance always comes across as a simple regulation, yet we need to remember these compliance tips for avoiding costly penalties.

Mar 24, 2021 5 min read
Consumer Complaints Are at an All-Time High. What Are You Doing About It?

Consumer Complaints Are at an All-Time High. What Are You Doing About It?

Financial supervisory agencies are reporting record-high consumer complaints.

Mar 10, 2021 3 min read
How to Lighten Your Compliance Management Workload

How to Lighten Your Compliance Management Workload

It can be overwhelming, but there are ways to lighten your compliance management workload while still staying compliant and on task.

Mar 4, 2021 4 min read
Remediating Regulatory Trouble: Your Step-by-Step Guide

Remediating Regulatory Trouble: Your Step-by-Step Guide

What’s an institution to do when regulatory trouble strikes? Here’s a step by step guide should regulators take action against your institution.

Feb 9, 2021 3 min read
Board Reporting: FAQ for Financial Institutions

Board Reporting: FAQ for Financial Institutions

Answers to some of the most frequently asked questions about board reporting at banks, credit unions, and other financial institutions.

Jan 28, 2021 4 min read
RegTech vs. SupTech: What You Need to Know

RegTech vs. SupTech: What You Need to Know

RegTech vs. SupTech: What You Need to Know

Jan 7, 2021 3 min read
Ncontracts Acquires QuestSoft Corporation

Ncontracts Acquires QuestSoft Corporation

Ncontracts combines forces with leader in lending compliance to create an end-to-end risk and compliance portfolio for the financial services industry

Jan 6, 2021 3 min read
Top 10 Compliance Blogs of 2020

Top 10 Compliance Blogs of 2020

Continuing with the theme, here are 10 of our most popular compliance-related blog posts for 2020.

Dec 29, 2020 4 min read
What Examiners are Looking for: Board Oversight

What Examiners are Looking for: Board Oversight

Examiners aren’t just looking to see what’s right with board management. They also want to uncover anything that’s gone wrong.

Nov 17, 2020 2 min read
What does the 'M' in CAMELS stand for?

What does the 'M' in CAMELS stand for?

The M in CAMELS stands for management, who is responsible for setting and implementing the strategic decisions and plans that determine CAMELS rating.

Nov 3, 2020 2 min read
CFPB Proposals on Small Business Data Collection

CFPB Proposals on Small Business Data Collection

Understanding how the CFPB may implement sec 1071 of Dodd-Frank can help your FI make strategic decisions when it comes to small business data collection.

Sep 30, 2020 5 min read
Fed Releases Community Reinvestment Act (CRA) Modernization Proposal

Fed Releases Community Reinvestment Act (CRA) Modernization Proposal

After a long deliberation, the Federal Reserve released its Advanced Notice of Proposed Rulemaking (ANPR) for the Community Reinvestment Act this week.

Sep 23, 2020 3 min read
7 Ways to Cut Compliance Costs & Still Stay Compliant

7 Ways to Cut Compliance Costs & Still Stay Compliant

Many financial institutions are using creativity and practical thinking when looking for ways to cut compliance budgets and still remain compliant.

Sep 17, 2020 3 min read
CFPB Sues Debt Collectors: Are You Making the Same Compliance Mistakes?

CFPB Sues Debt Collectors: Are You Making the Same Compliance Mistakes?

The CFPB sued debt collectors and debt buyers for making compliance mistakes that allegedly violated the CFPA and FDCPA.

Sep 16, 2020 4 min read