Bankers' Hotline, Volume 28, Number 1
Whether the implementation of the PSD2 open banking rules in Europe and movement by some U.S. banks to provide third-party access to customer data opens up windows of opportunity or opens Pandora's Box remains to be seen.
The FDIC is soliciting comments on proposed revisions to Section 19's Statement of Policy (SOP) that are designed to reduce regulatory burden.
In The News
BSA/AML Compliance Solution
Adopting and implementing a Safe Deposit Procedures policy and procedures manual and training program will be a vital part of your defense against any claim of negligence in a safe deposit disappearance case.
A new cybersecurity center has been formed with a focus on global cybersecurity information sharing.
A cyber defense bill that would give individuals and companies the power to fight back against hackers is in the works.
Focus on Fraud
- Got BSA Questions? FinCEN's Got Answers
- Data Breach Accountability Bill
- A Collective Call for Stricter Data Security
From the editor's desk
As the old adage goes, "the best offense is a good defense." A strong defensive strategy that changes in response to evolving threats can help mitigate losses.
Questions & Answers
- Mandated Vacation Policy
- Consumer Safety Education
- Reg E Retention Requirements
- Access Device Fraud Liability
Copyright © 2018 Bankers' Hotline. Originally appeared in Bankers' Hotline Vol. 28, No. 1, 1/18
- Executive Editor:
- P. Kevin Smith, CPP
- Contributing Editor:
- Teri Wesley
- Board of Advisors:
- John S. Burnett
Mary Beth Guard, Esq.
Robert G. Rowe, III, Esq.