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Washington Watch

Independent Banker

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Starting fresh. Community Bankers Chosen as CFPB Advisors.

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The FFIEC’s Architecture, Infrastructure, and Operations book

Cisco

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

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Guest Post: 3rd Quarter Economic Review by Dorothy Jaworski

Jeff For Banks

We know he continues to defend JPM from the ongoing extortion fines (recently $900 million) from the federal regulators, UK regulators, and the SEC over the London Whale’s bad trades. Dorothy has been with First Federal of Bucks County since November, 2004. But $23 billion—Wow! Stay tuned. Thanks for reading.

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Guest Post: 2nd Qtr Economic Review by Dorothy Jaworski

Jeff For Banks

In the past decade, we have seen several Treasury routs that resulted in huge selling in the markets, most notably in 2003-2004, 2005-2006, and 2009. Ever increasing regulations, health care law enactments, and now the newly approved Basel III increased capital requirements for banks make it more difficult to achieve sustainable GDP growth.

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Guest Post: Second Quarter Economic Review by Dorothy Jaworski

Jeff For Banks

Numerous regulations burdening all industries and higher capital requirements for the banking industry will weigh down growth. Investors’ Business Daily has estimated the annual cost of regulation at $1.86 Dorothy has been with First Federal of Bucks County since November, 2004.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Guest Post: 4th Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

They survived tight credit, lack of confidence, and over regulation to take GDP to record levels, to take corporate profits to record levels, and to make lots of cash so that they can hoard it on their balance sheets to the tune of $2.1 Dorothy has been with First Federal of Bucks County since November, 2004.