The FDIC, the Federal Reserve Board and the OCC provided a due diligence guide to aid community banks with their risk assessments of FinTech companies.
The SEC, the MSRB and FINRA will be offering a 2021 Compliance Outreach Program for municipal advisors. The program is scheduled for October 7, 2021.
The SEC, the MSRB and FINRA announced that open registration for the Compliance Outreach Program for Municipal Advisors will be held on November 10, 2016. Registration will be streamed via a live webcast available on the MSRB website.
The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the FDIC issued final rules that increase the number of small banks and savings associations that are eligible for an examination cycle extended from twelve to eighteen months.
An investment firm was fined $2.9 billion by several authorities for its failure to (i) properly oversee its operations, (i) maintain internal controls and (iii) conduct proper risk management, with regard to its employees' involvement in improper payments to foreign officials.