BankThink
The FDIC should take a deliberate, phased approach to reform
The acting chairman of the agency has laid out an ambitious agenda for revamping regulations and encouraging innovation, but there are dangers in trying to do too much, too soon.
The financial industry stands at a pivotal moment. Regulatory shifts are being proposed, technologies are evolving at breakneck speed and the threat of financial crime looms larger than ever. In this complex landscape, the role of regulators, such as the FDIC, is critical — not only to enforce compliance but also to inspire confidence and stability in an ever-changing environment.
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