CCR World Magazine


You are here  :Home arrow News arrow ABA Statement on TAILOR Act of 2015 (H.R. 2896)
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
ABA Statement on TAILOR Act of 2015 (H.R. 2896) Print E-mail
Thursday, 25 June 2015


Frank Keating, The American Bankers Association (ABA) president and CEO, says:

“ABA strongly supports the TAILOR Act of 2015, legislation introduced by Representative Scott Tipton (R-Colo.) that would require regulators to consider bank risk profiles and business models when taking regulatory actions. This type of smarter regulation would help America’s hometown banks by freeing up resources so they can better serve their customers and communities.  We appreciate this bill’s measured approach that empowers regulators to focus on real risks rather than compliance exercises.
 
         

“Over the last several years, an avalanche of new banking regulations has greatly impacted the ability of banks of all sizes — community banks in particular — to serve their customers and communities.  Many regulations have been indiscriminately applied to the whole industry whether or not they make economic or practical sense.  Regulators should be empowered — and directed — to make sure that rules, regulations and compliance burdens fit the various segments of the industry appropriately.  This bill is a critical step in that direction and we urge members of the House to support it.”
 


(Source - ABA News Release)  

 

The CCR World App

 

Read CCR World as an App on your iPad or iPhone.
Simply click on this link (opens iTunes as an external link) to see the CCR World iTunes Preview and download to receive a free two-week trial or go to iTunes or the App Store and search for "CCR World".

CCR Magazine


Want to know more about the UK credit scene? Then take a look at our sister magazine, CCR, the leading UK publication for senior credit industry executives.

Find out more

CCR World newswire

Sign up to our E-Newsletter and E-Alerts.

subscribe

Read The Magazine - FREE ONLINE!

CCR World is the premier magazine for consumer and commercial credit professionals. It provides an independent voice to the global industry, breaking news stories and running in-depth features.

It is FREE to read online, so click here to read the current edition online.

(If you have not registered already, you will just need to do so to read all the news and analysis).

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197