Jul 20, 2021 | Claims and Disputes, Financial Services, Regulatory Compliance
The passage of the Anti-Money Laundering Act of 2020 greatly advanced the anti-money laundering/combating the financing of terrorism (AML/CFT) regime in the United States. On June 30, the six-month anniversary of the act’s implementation, US Treasury’s Financial...
Jul 12, 2021 | Financial Services
In the last twelve to twenty-four months, an increase in innovation has led financial institutions to new, exciting business ventures—including cryptocurrency, financial technology (fintech), sports and casino gambling, and cannabis—that present potentially lucrative...
Jun 18, 2021 | Financial Services
COVID-19’s adverse impact on loan performance and current Coronavirus Aid, Relief, and Economic Security (CARES) Act financial reporting and disclosure relief arrived simultaneous to the implementation of the controversial Current Expected Credit Losses (CECL)...
May 17, 2021 | Financial Services, Regulatory Compliance
It Is Time to Make Some Additions and Address Any Needed Repairs Originations Volume Over Time A global pandemic, mortgage interest rates at their lowest point on record for over fifty years, and a shift from a Republican to Democratic administration made 2020 an...
May 3, 2021 | Financial Services, Regulatory Compliance, Webinars
Institute of International Bankers (IIB) On May 3, Walter Mix moderated the panel “Anti-Money Laundering (AML) Reform: What Foreign Banking Organization (FBOs) Should Expect from AMLA Implementation.” Panelists discussed what FBOs should expect from...
