What Happened? As the Trump Administration’s deregulatory, pro-innovation approach to emerging technology moves forward, the use of artificial intelligence has taken center stage, and it is clear that the Administration...more
5/29/2025
/ Artificial Intelligence ,
Compliance ,
Data Collection ,
Emerging Technologies ,
Information Governance ,
Machine Learning ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
Third-Party Risk ,
Trump Administration
Through joint guidance and an information request, federal bank regulators underscored banks’ compliance responsibilities in their banking-as-a-service (BaaS) relationships with third parties. Our Financial Services Team...more
8/9/2024
/ Banking Regulators ,
Banking Sector ,
Banks ,
FDIC ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Nonbank Firms ,
Request For Information ,
Risk Management ,
Third-Party Risk