Media Room

Thought Leadership

Regulatory Highlights
Read highlights about the key regulatory updates and explore more information on each.
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CFPB Expands It's Authority to Examine for Discrimination
On March 16, 2022, the Consumer Financial Protection Bureau ("CFPB" or the "Bureau") announced it would combat perceived discrimination in the consumer financial marketplace by expanding its authority to target unfair, deceptive, or abusive acts or practices ("UDAAPs").
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Laying the Foundation for Success in the Digital Age - Digital Operating Model
In the past two years, catalyzed by the growing demand for more customized and efficient digital banking, 1 in 5 adults have switched their primary bank.
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Four steps to take now to prepare for CFPB Small Business Fair Lending Reviews
CFPB is currently scheduling Small Business Fair Lending Reviews at financial institutions of all sizes, with a strong focus on pandemic lending practices. We explore what to expect and how to prepare.
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How community banks can prepare for CECL changes
The FASB's new credit loss model is one of the most significant accounting changes in recent history. The time to act is now–here's how you can prepare and comply.
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What small business need to know about UDAP in 2021
There’s a developing trend with financial regulators to use FTC Act Section 5 authority to apply consumer protections to small business borrowers. We explore the impacts for community and midsize banks.
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Prepare now for Section 1071 data collection requirements
Additional reporting requirements for small business lenders are expected to be a priority for the incoming Biden Administration. A Notice of Proposed Rulemaking is expected to be issued by September 30, 2021.
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Press

Regulatory and Compliance Services Now Available to Community and Midsize Banks through RMSG
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