The U.S. Senate’s Financial Integrity and Regulation Management Act

The Financial Integrity and Regulation Management Act (FIRM Act) is a legislative proposal introduced in the U.S. Senate, aimed at addressing concerns over financial institutions’ practices of denying services to customers based on subjective or politically motivated criteria. The act seeks to reform banking supervision by eliminating the use of “reputational risk” as a factor [...]The post The U.S. Senate’s Financial Integrity and Regulation Management Act appeared first on Tekedia.

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