Learn more about the updates that took place recently within Dodd-Frank that was passed through Senate.
The Economic Growth, Regulatory Relief, and Consumer Protection Act was signed into law on May 24, 2018. Banks of all sizes have been anticipating relief from the regulatory burden of the Dodd-Frank act since the 2016 presidential election. Now that it has come, there is a mixture of relief and confusion, as there are lingering questions as to how the changes impact bank operations. Further, with the states poised to fill the regulatory gap left by this rollback, how far should banks go in relaxing their internal policies and procedures? This topic helps bankers understand the full scope of the changes and how it impacts their business. It provides executives, credit officers, compliance officers, and operational managers with the information necessary to make smart business decisions about how to adapt to the changes.