The New Rule Book Is Still Like a Maze

Sisk, Michael
April 2006
Bank Technology News;Apr2006, Vol. 19 Issue 4, p37
Trade Publication
The article looks at the compliance difficulties of banks in the United States due to the constantly increasing number of banking regulations in the country. Some banking regulations that are continually evolving include Fair Lending, Sarbanes-Oxley, USA Patriot/Bank Secrecy Acts and Basel II. The lack of coordination among banks' compliance officers, chief financial officers, chief risk officers and the general counsel also cause compliance problems.


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