181 Enforcement Actions in the U.S. over past 30 days

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FINRA enforcements Increased 59% over the past 30 days

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SEC issued enforcements: $65,449,488.80 over the past 30 days

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128 Final Rules go into effect in the next 30 days

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21 Mortgage Lending docs published in the last 7 days

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7596 docs with 9937 extracted obligations from the last 7 days

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90 new Proposed and Final Rules were published in the past 7 days

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6040 new docs in pro.compliance.ai within the last 7 days

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Considering RCM Solutions?  Here’s an RFP to get started.

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Custody of Digital Asset Securities by Special Purpose Broker-Dealers

SEC | broker-Dealer, Securities | Final Rule

Unsafe and Unsound Banking Practices: Brokered Deposits and Interest Rate Restrictions

FDIC | Deposits | Final Rule

Exemption From the Definition of “Clearing Agency” for Certain Activities of Security-Based Swap Dealers and Security-Based Swap Execution Facilities

SEC | Securities | Final Rule

Parent Companies of Industrial Banks and Industrial Loan Companies

FDIC | Deposits | Final Rule

Assessments, Amendments To Address the Temporary Deposit Insurance Assessment Effects of the Optional Regulatory Capital Transitions for Implementing the Current Expected Credit Losses Methodology

FDIC | Deposits | Final Rule

How policymakers can encourage responsible innovation

Building the Bridge(s) Between Compliance and Business
American Banker 03/29/2021
Looking back at the unprecedented events of the past year, policymakers are sure to note the remarkable power of technology, both to do good and to fuel destructive forces…
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Consumer confidence hits highest level since pandemic

Consumer confidence hits highest level since pandemic
The Hill 03/30/2021
March’s consumer confidence spiked to its highest level since the pandemic took hold last year, with the The Conference Board Consumer Confidence Index rising to 109.7 from 90.4 the previous month…
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What Is a Total Return Swap and How Did Archegos Capital Use It

What Is a Total Return Swap and How Did Archegos Capital Use It?
The Wall Street Journal 03/30/2021
Archegos Capital Management’s investments were partly concentrated in a common Wall Street derivative, called a total return swap, that has for years faced scrutiny from regulators and even some well-known investors…
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The Future of U.K. Banking Rests on a Process Run by European Politicians

The Future of U.K. Banking Rests on a Process Run by European Politicians
The Washington Post 03/30/2021
Even with Brexit done and a trade agreement sealed, the U.K. and European Union are still jockeying over the future of financial services. The City of London’s unhindered access to European markets — and with that, its standing as a global financial hub — hinges on a process controlled by politicians and technocrats in Brussels known as “equivalence…
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