Whether it’s a new practice or an established one, knowing who regulates which business activities, and how, is information compliance professionals cannot live without. The “Who’s My Regulator?” report seeks to answer these questions about several areas in the banking and lending sector and provide insights from experts on how best to prepare for and conduct these highly regulated activities. Stories include:
» Providing some answers to your regulatory questions
We examine some of the new and old practices regulators are focusing on and introduce the experts who offered insight into current and upcoming banking and lending regulation.
» Fintech partnerships bring new questions to old practices
Third-party relationships are nothing new for banks and lenders, but working with financial technology (fintech) firms has brought about a new set of issues, and regulations, that all parties should be aware of.
» Artificial intelligence remains a regulatory gray area
Though artificial intelligence is not a new idea, its application in banking has become more prevalent, causing reactionary enforcement activities from regulators and uncertainty as to the technology’s future regulatory landscape.
» The SEC and the ever-expanding definition of a security
Cryptocurrency has been a hot-button issue for both legislators and regulators in recent years, but which regulator oversees the issuance and use of the digital asset remains unclear. The U.S. Securities and Exchange Commission has asserted itself as the chief regulator, but only time will tell if that remains true.
» Regulators step up scrutiny of bank M&As
The prudential regulators announced over a year ago they intended to revisit and update much of the regulatory framework around mergers and acquisitions (M&A) for financial institutions. As regulators begin to reveal some of these updates, we examine how they could impact such deals.