Banking Compliance Regulations in 2024

United States (US):  The US regulatory scene sees key shifts, focusing more on consumer protection & cybersecurity. CFPB enforces fair lending & transparency. Fed adjusts stress tests for bank resilience.

European Union (EU): In the EU, updated regulations prioritize financial stability. PSD2 boosts payment sector innovation and protects consumer rights. EBA guidelines manage operational risks and critical function continuity in outsourcing.

Asia-Pacific (APAC):  In APAC, regulators are tackling emerging challenges. MAS bolsters cyber resilience, while China tightens AML rules against financial crimes.