Compliance

Swiss Regulator Seeking Increased Authority

Regulator is seeking ability to name and shame banks in breach of rules

The first-of-its-kind bill bans the collection of interchange fees on taxes and tips

Consumers have been granted the right to dispute buy now, pay later lenders

The bill aims to establish a new federal statuary framework to govern ATM robbery offenses

The announced adjustments are effective July 1, 2025

The regulation places responsibility on banks to measure safeguarding assets and obligations on their balance sheets

Report by American Banker found AI is being used to streamline compliance, loan processing and underwriting

The regulation aims to ensure leaders of financial institutions do not take on excessive risk

Many providers charge complex and costly maintenance and exit fees

Discussion will take place on Tuesday, May 21st at 2 pm Central Time, 3 pm Eastern time