In a comment letter to House Committee on Financial Services Chairwoman Maxine Waters, CSBS supported and offered suggestions to a draft amendment to the Bank Secrecy Act.
Equifax is operating under a multistate consent order that applies to nationwide operations, reflecting state regulators' demands that consumer reporting companies improve their cybersecurity programs
Monica Jackson, Office of the Executive Secretary Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC Docket No. CFPB-2018-0003 Re: Request for Information Regarding Bureau Enforcement Processes Dear Ms. Jackson, The Conference of State Bank Supervisors (“CSBS” or “state regulators”) appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s (“CFPB” or “Bureau”) Request for Information Regarding Bureau
Washington, D.C. – The Conference of State Bank Supervisors today announced its executive leadership team as part of a new organization structure. “This team brings perspective and leadership skills that are critical for guiding CSBS as we support the dynamic state regulatory system,” said CSBS President and CEO John Ryan. “These organizational changes are part of a larger effort to
Washington, D.C. - The Conference of State Bank Supervisors (CSBS) today announced its new Catalyst Initiative , which seeks to address state financial regulatory agencies' key supervisory challenges and reduce regulatory burden. The initiative will focus on partnering with the private sector to leverage modern technology and improve the efficiency and effectiveness of financial services supervision. “The Catalyst Initiative reflects
Washington, D.C.—The Conference of State Bank Supervisors (CSBS) today announced Bridget Plitt as senior vice president of learning and development. Plitt most recently served as chief learning officer at the Office of the Comptroller of the Currency (OCC). Plitt will develop and refine the vision and roadmap for CSBS’s learning and development function. She will also lead the learning team
Washington, D.C. – State-chartered banks were the primary distributor of relief funds to communities, according to a new data analysis by the Conference of State Bank Supervisors (CSBS). The analysis matched recently available loan-level Paycheck Protection Program (PPP) data with lender demographic data, providing the first estimate of how different types of lenders originated PPP loans for small businesses. “This
CSBS supports state-federal coordination across a range of supervisory and regulatory structures and work streams. Decades of engagement with the federal banking agencies informed CSBS’s efforts to ensure that the law creating the CFPB codified coordination with state regulators. For more than a decade, the states have been leaning into that partnership through supervisory efforts, information sharing, and enforcement through