Daniel Bellovin joined a panel of industry experts that provided insights on flood insurance regulation and compliance, a review of recent enforcement actions, the impact of Risk Rating 2.0, and current compliance challenges for financial institutions.
Avi Erdfarb drew upon his regulatory and compliance experience to discuss various sections of the Money Transmission Modernization Act and analyze what it means for businesses and business owners moving forward.
Jeff Naimon discussed some of the concerns lenders have with respect to Section 1071 of the Dodd Frank Act — the small business data collection rule meant to help the government identify discrimination against minority- and women-owned small businesses.