Editorial content organized by topic
Sponsored content from industry partners
PRODUCT/CONTRACT ANNOUNCEMENTS
Latest offerings by category 
JOB BOARD
Articles submitted by industry partners
cover.jpg
Online Edition

 
The Compliance Challenge: An examination of ABA’s Bank Compliance Officers Survey E-mail

Highlights of biennial survey presented with experts’ commentary

 
http://www.ababj.com/images/stories/briefing31412_compliancesurvey.jpg
 
 
ABA recently released the results of the 2011 ABA Bank Compliance Officers Survey, conducted by the ABA Center for Regulatory Compliance. Over 900 compliance officers from a full range of bank sizes responded to ABA’s survey.

ABA Banking Journal is presenting selected survey results in segments, with input from compliance experts that puts the survey findings in perspective. As each segment is published, it will be added to the list below.

The survey is a continuation of a joint survey conducted in 2003 by ABA, ABA Banking Journal, and Wolters Kluwer (then Bankers Systems).
 
 
http://www.ababj.com/images/stories/briefing31412_productdecision.jpg
  Has your bank ever discontinued a product out of concern about the accompanying compliance burdens? You have a great deal of company, according to ABA’s Bank Compliance Officers Survey.
Read more
 
     
http://www.ababj.com/images/stories/briefing31412_accountability.jpg
  Most, but not all banks, spread accountability for compliance performance far beyond the banks’ compliance units nowadays. It’s not exactly a case of “the more the merrier,” but a recognition that in many institutions the challenge is bigger than the units’ ability to handle it, especially when critical errors may be made on the front lines of the bank.
Read more
     
http://www.ababj.com/images/stories/briefing31412.jpg
  For decades, banking leaders have complained about the costs of compliance. Marketers have cursed Compliance (and the bank’s lawyers) as the “innovation prevention department.” The compliance fraternity’s comeback has long been that the discipline was not a cost center, but a cost-prevention center. How well is that premise working?
Read more
 
[This article was posted on March 15, 2012, on the website of ABA Banking Journal, www.ababj.com, and is copyright 2012 by the American Bankers Association.] 
Trackback(0)
Comments (0)add comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security image
Write the displayed characters


busy

 

techglobe.jpg TechTopics Plus
Partnership aims at adapting Windows 8-enabled phones for the workplace
CONCEPTS IN THE CLOUD How to handle—and take advantage of—the data avalanche
Post-trade processing solution enhanced
MOBILE SURGE In four years, a billion+ users could embrace mobile banking
Voice biometrics protects against contact-center fraud
ABA BANK DIRECTORS BRIEFING
ABA Bank Directors Briefing For the director who wants to stay on top of the job

ABA Bank Directors Briefing