Where will regulators turn following SVB, Signature Bank failures?

Silicon Valley Bank sign

Small and mid-sized banks can expect more regulatory scrutiny in the aftermath of the collapses of Silicon Valley Bank (SVB) and Signature Bank, according to legal experts.

The time to prepare is now.

“The pendulum will swing to a much more aggressive, hyper-focused review by exam teams at individual banks,” said Patrick Hanchey, partner at law firm Alston & Bird. Banks should “take the bull by the horns and be proactive,” he said.

lock iconTHIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.