F.O.R.C.E. is FIBA On Risk and Compliance Excellence. An interactive audio space where the banking and financial industry experts meet regulators and discuss topics regarding risk and anti money laundering. Discussions include Human Trafficking, Recent Investigative Trends and Enforcement Actions with Respect to International Corruption, the RegTech Revolution: Modernizing the Fight Against Financial Crime, and more.
Episodes
Monday Feb 03, 2025
Monday Feb 03, 2025
This episode of FIBA on Risk and Compliance Excellence (The F.O.R.C.E.) explores the evolving regulatory landscape, particularly discussions surrounding deregulation, regulatory consolidation, and fintech oversight. Hosted by David Schwartz, the conversation features Jera Bradshaw, from Greenberg Traurig, a regulatory expert and former senior attorney at the FDIC.
Key topics include:
- The uncertainty surrounding financial regulations under the new administration.
- The potential impacts of eliminating or restructuring agencies like FDIC and FinCEN.
- The challenges of fintech regulation and how agencies struggle to keep up with innovation.
- The importance of education and training for regulators to maintain industry oversight.
- The critical role of FDIC and why eliminating it is unrealistic.
Podcast Recap:
- Regulatory reform is likely but will be slow-moving.
- FDIC elimination is highly unlikely due to its critical role in financial stability.
- Fintech regulation is evolving, but clarity is still needed.
- Regulators must improve education and training to keep up with industry shifts.
Thank you for joining us! You can hear more from Jera and other industry experts at the 25th Annual FIBA AML Compliance Conference, taking place in Miami, March 24-27, 2025.