Brandon Hammer’s Post

The FDIC adopted a revamped rule setting forth resolution planning requirements for insured depository institutions with total assets of $50 billion or more, with greater requirements for those with total assets of $100 billion or more. Read more here: https://ow.ly/Os0V50SrZMa #FDIC

The FDIC adopted a revamped rule setting forth resolution planning requirements for insured depository institutions with total assets of $50 billion or more, with greater requirements for those with total assets of $100 billion or more. Read more here: https://bit.ly/4cl6QJg #FDIC

Directors and Officers need to understand their obligations and liability when it comes to cyber-security, our latest cyber-security report shares insights on the critical areas to focus on, and how to view cyber-insurance through a holistic lens. 

Lockton's latest report provides in-depth guidance on Australian Prudential Regulation Authority heightened cyber-security expectations while also offering a holistic perspective on the evolving landscape of cyber-insurance. It highlights that, when structured correctly, a robust cyber-insurance program can become one of the most financially critical assets for an organisation, offering essential risk mitigation in an increasingly digital world. #CyberSecurity #Finance #DirectorsAndOfficers #MarkLuckin

The financial sector is facing cyber-security scrutiny from regulators APRA and ASIC, who are warning that now is the time for action. To understand more about the regulators' expectations and how this impacts the sector's risk and insurance landscape, Download our report here -http://spr.ly/6044ojc84

Directors and Officers need to understand their obligations and liability when it comes to cyber-security, our latest cyber-security report shares insights on the critical areas to focus on, and how to view cyber-insurance through a holistic lens. 

The Wolfsberg Group recently announced its submission of its response to the UK’s HM Treasury consultation on improving the effectiveness of the Money Laundering Regulations 2017 (MLRs). This consultation is part of a broader initiative under the Economic Crime Plan 2023-26. The group's response addresses two core themes of the consultation: 1. making customer due diligence more proportionate and effective, and 2. strengthening system coordination #aml #cft #cdd https://lnkd.in/ewgMu_da

📝 Stay informed about the latest FDIC regulations! The new advertising rule has more implications than you might think. Discover what it means for your bank and how to stay compliant in our latest article. Don't miss out on these crucial insights—protect your bank and your customers. #CBAofGA #FDIC #BankCompliance #CommunityBanking https://buff.ly/4gfuOs6

📚 The European Commission’s 2024 updates to the Securitisation Regulation, #SolvencyII, and #AIFMD aim to reduce issuance barriers, adjust risk weights, and increase insurer participation, enhancing market resilience. A current consultation seeks stakeholder feedback on key areas to improve and expand the securitisation market. Get the update here: https://lnkd.in/d7xDhEDP

Could someone more savvy than me explain the purpose of Director #Chopra's "discussion drafts" on how the #FDIC should enforce the deposit insurance termination provisions of the #AML laws and the safety and soundness provisions of the #FDIA with respect to capital distributions by state nonmember banks? Neither was approved by the Board of Directors, or even put out for public comment. Raising them as topics to discuss over the next "months and years" seems pointless when neither can, as a practical matter, be adopted during a Trump administration. https://lnkd.in/eM2FJwVT