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Commentary on the Latest In Financial Services & Regulation

A Year of Klaros' 1st Friday Risk and Compliance Roundtables

BY CATHERINE BROWN Last Spring, Klaros hosted a risk and compliance roundtable to collectively analyze the latest developments at the...

Klaros Insights: Why It’s Crucial to Identify Where AI/ML is Lurking in Financial Services (Part II)

BY LAUREN SARTWELL AND STEPHANIE WHITE BOOKER In part one of this blog series, we identified some of the hidden use cases of Artificial...

Klaros Insights: CFPB Dusts Off Old Rules to Expand Oversight of Nonbanks

BY JONAH CRANE AND JOHANNE LAURBERG On April 25, 2022, the Consumer Financial Protection Bureau (CFPB) announced that it would dust off...

Klaros Insights: New UDAAP Exam Manual Clarifies CFPB Focus on Discrimination

By Catherine Brown and Paul Marker Since his nomination by President Biden, we’ve anticipated CFPB Director Rohit Chopra will adopt a...

Coming soon: the return of “Supervision by Enforcement”

I shared some thoughts recently in The American Banker on why large banks should expect the return of Supervision by Enforcement and how...

Lessons from the Mortgage Crisis for Servicers During this Crisis

Servicers of all types of loans are on the front lines of the economic collapse Notwithstanding that, for once, we are living through an...

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