Many of today’s financial institutions are overwhelmed by the volume and velocity of legal and regulatory changes. While the Trump Administration may have slowed regulatory issuances, states and local governments have stepped in to address perceived gaps, particularly in the areas of fair lending and privacy governance.

S.2155 (Economic Growth, Regulatory Relief, and Consumer Protection Act) relieved firms of certain asset-based threshold requirements. For instance, it raised the threshold at which certain enhanced prudential standards must apply from $50 billion to $250 billion. This significant change has given regional banks a better economic capacity for mergers and acquisitions due to: (1) the ability to leverage technology spend to keep up with fintech firms; (2) the ability to expand and stabilize their deposit base; and (3) opportunities for improved management of operational expenses in compliance and risk management functions.

To find out more about these and other developments, please join Capco and MetricStream for a webinar on regulatory change management. Through real-world examples, the webinar will delve into:

• How to identify and map regulatory changes when preparing for mergers and acquisitions
• Managing regulatory changes in the areas of technology and privacy
• Conflicts between federal and state legislation
• Using regulatory change management technology