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Rules & Rulings – December 2020, January 2021

Edward J. DeMarco, Jr.

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Regulation, Legislation, and the Courts

PRUDENTIAL REGULATORS ISSUE SOUND PRACTICES TO STRENGTHEN OPERATIONAL RESILIENCY

The Federal Bank regulatory agencies released “Sound Practices to Strengthen Operational Resilience” on November 2, 2020. The paper outlines practices to increase operational resilience that are drawn from existing regulations, guidance, statements, and common industry standards. The practices are grounded in effective governance and risk mana…

About the Author
Edward J. DeMarco, Jr.
Chief Administrative Officer & General Counsel, RMA
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