Quarles gives overview of Fed’s regulatory strategy
Marking his three-month anniversary as the Board of Governors for the Federal Reserve’s vice chairman for supervision, Randal Quarles discussed plans for improving the effectiveness of post-crisis financial regulation.
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Quarles to head Financial Stability Board
Randal Quarles, a Federal Reserve governor and its vice chairman for supervision, has been appointed as the new chairman of the international Financial Stability Board.
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News BriefCommunication and relationships is increasingly critical for compliance teams
Compliance is increasingly in the spotlight as companies are tackling everything from artificial intelligence and other new technologies to risk management and mitigation. But it’s soft skills of communication and relationship building that are becoming the most critical tools for success.
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News BriefBanks reported more than $1 B in suspicious activity–much of it fentanyl linked
Banks alerted authorities to $1.4 billion in suspicious transactions in 2024, a big assist in the nation’s fight against crime and fentanyl trafficking, according to the Financial Crimes Enforcement Network.