Compliance Updates Banking HR Leaders Need to Know BY RACHEL BARR, SHRM-SCP, Director of HR Services, isolved For HR professionals in banking, compliance isn’t just a requirement — it’s a critical pillar of risk management. A failure to align with evolving regulations can lead to hefty fines, legal battles and reputational damage, all of which can impact your institution’s bottom line. However, staying on top of compliance changes is time-consuming, especially with shifting federal and state mandates. To help, the following are some key regulatory developments that banking HR professionals should keep on their radar. Utah Banker 12
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