Banking – Week of April 13 in Review

This past week, banking agencies took a break from formal regulatory proceedings, but they provided interesting instruction otherwise.  The agencies issued new guidance on model risk management, and two members of the Federal Open Market Committee gave unusually detailed and specific speeches on monetary policy.  At least one new issue also emerged: by the end of the week, cybersecurity and AI had taken center stage. 

Read the full detailed report in the PDF linked below: