News & Events

Join Bates Group at the ACFCS Charlotte Fincrime Summit on September 4, 2024. Explore the latest trends and regulatory issues affecting the financial crimes compliance industry at this in-person event.

The Treasury Department's final anti-money laundering (AML) rule for investment advisers mandates risk-based AML programs for most SEC-registered advisers. While some industry concerns were addressed, significant preparation is needed.

Join industry experts from Bates Group, Alviere, Adam Atlas Attorneys at Law, and McCarthyHatch, who will share their knowledge and experience to help you master Remittance Transfer Rule requirements, avoid penalties, and stay current with updates.

The CFPB has proposed an interpretive rule classifying paycheck advance loans under TILA, which could require APR disclosures for these rapidly growing products. Financial institutions are reassessing their offerings amid increasing scrutiny and potential reputation risks. While supporters argue it protects consumers, opponents claim it's unnecessary for advances on earned wages.

Understanding the true impact of U-5 commentary on employment prospects is critical for both advisors and firms. Our latest analysis of FINRA data provides insights for assessing damages and potential risks.

Attending the Bitcoin 2024 conference in Nashville? Connect with Bates FinTech Compliance Director Jason Fitch.

Under FinCEN’s proposed rule to strengthen and modernize AML/CFT programs, a risk assessment is a critical element of sound and effective AML/CFT programs. Learn about the details and benefits of performing an AML/CFT risk assessment.

Elevate your AML program's effectiveness at the Fraud Fighters Virtual Summit on Wednesday, July 17th. Brandi Reynolds is speaking on the panel "Ensuring Quality Assurance of Your AML Programs" - sponsored by Unit21.

BSA examiners hold institutions dealing with Fintechs to a higher standard. Bates Group explores how examiner criticisms regarding the BSA Officer role can be a sign of a broader BSA/AML program issue. Read the full article to learn the five key areas examiners scrutinize and how institutions can strengthen their AML programs to navigate the complexities of Fintech firms.

This new compliance webinar features industry experts from Bates Group, eToro, Alviere, and Pillsbury Winthrop Shaw Pittman LLP, who will provide you with valuable insights and strategies for navigating state exams effectively.

Once a regulatory exam is over, it’s time to roll up your sleeves and focus on remediation. Learn how sound risk management and governance can help remediation efforts more effective and efficient.

The Software Bill of Materials (SBOM) can be an action-oriented and powerful tool to help you maintain the security, transparency, and compliance of your software systems, especially when incorporating AI and Machine Learning (ML).

The Fifth Circuit Court of Appeals has issued a ruling vacating the SEC's previously adopted rule package for private fund advisers. 

The SEC has voted to finalize its proposed amendments to rules governing the protection of clients’ non-public personal information (PII). What are the important changes in the final rule?

New guidance from regulators highlights the importance of strong Third-Party Risk Management (TPRM) for community banks offering Banking-as-a-Service (BaaS). The article explores the benefits and risks of BaaS relationships and provides key next steps for Risk Managers in community banks.

Recent reports indicate a rise in Bank Secrecy Act (BSA) enforcement actions. However, consent orders focus on data & tech across compliance areas instead of in a dedicated section. This article unveils how regulators address these critical elements – and what it might mean for your institution.