Compliance Priorities in 2021

With 2020 behind us, 2021 will be more than just 'picking up the pieces' of COVID-19. The pandemic has fundamentally changed many aspects of banking - accelerating certain trends and introducing others. Plus, we now have a new political environment, with a new President and Congress. All this points to a very active year in risk and compliance for financial institutions. We'll discuss how these trends will impact the banking regulatory environment: what to look forward to, what we know will be happening, and what to expect.

Covered Topics:

  • Regulatory Changes
    • Qualified Mortgages
    • BSA reform
    • Foreclosure and eviction moratoriums
    • PPP extensions
    • Stimulus payments
  • A new political landscape
    • Renewed enforcement
    • Rules changed or repealed
  • Remote environments and digital commerce
    • Social distancing and branches
    • New technologies – Remote Online Notarization & E-SIGN
    • Cybersecurity
  • Other Priorities
    • Diversity and inclusion
    • Pressure on earnings