Kate Wellman, John Stoker, & Jules Carter co-authored the article, “Easing the burden: a year of community bank reform"
Moore & Van Allen (MVA) Financial Regulatory Advice & Response Member Kate Wellman, Financial Regulatory Advice & Response Senior Counsel John Stoker, and Litigation Associate Jules Carter co-authored the article, “Easing the burden: a year of community bank reform”, published by the International Finance Law Review (IFLR) on October 29.
The article
Nearly one year after Representative for Arkansas French Hill introduced the "Make Community Banking Great Again" initiative, the US Congress and the federal banking agencies have taken significant steps to ease regulatory burdens on smaller financial institutions.
This article explores recent efforts to adjust regulation to reflect community banks’ size, complexity, and risk profile and enhance their competitiveness. Together, the actions seek to address concerns that these banks face disproportionately high compliance costs compared to their larger counterparts. Looking ahead, the future of community banking will depend on how these institutions use their time and resources to adapt to an evolving financial and economic landscape.
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