CAE Agenda: Your Monthly Audit News Roundup

Whitney Sunset by Michael Rosenberg

CAE Agenda: Your Monthly Audit News Roundup

 

Please find below the June edition of the CAE Agenda, Protiviti’s monthly roundup of internal audit news and developments for financial services organizations.

We hope our monthly newsletter will continue to be a valuable source for audit executives to stay informed on the industry and regulatory developments impacting your organization.

 

News and Trends

  1. President Trump Signed the Most Significant Regulatory Relief Legislation Since the Crisis into Law

    Below is a selection of articles on how the new law provides banks with reforms related to mortgage underwriting and which large banks face enhanced supervision, among other things:

    - President Trump Signs Landmark ABA-Advocated Regulatory Reform Bill into Law 
    [ABA Banking Journal - May 24, 2018]

    - Bureau Acting Director Mulvaney Statement on the Economic Growth, Regulatory Relief and Consumer Protection Act
    [CFPB - May 24, 2018]

    - It's the Law: Trump Signs off on Reg Relief Bill
    [American Banker - May 24, 2018]

  2. Why China’s Payment Apps Give U.S. Bankers Nightmares

    The future of consumer payments may not be designed in New York or London but in China. This article highlights the much different path China’s payments model has followed and how U.S. companies are working to respond.

 

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