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Home » Store » News » FDIC Ombudsman Lists Bankers’ Major Compliance Headaches

FDIC Ombudsman Lists Bankers’ Major Compliance Headaches

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Regulations pertaining to the Home Mortgage Disclosure Act, anti-money laundering, and honest financial reporting topped bankers’ list of regulatory burdens in 2004, according to the Federal Deposit Insurance Corp.’s Office of the Ombudsman’s latest report on banking industry concerns. Other mortgage-related issues also were on the Ombudsman’s top 10 list that bankers identified as their biggest compliance headaches, the report said. …
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