Compliance Update — Insights And Highlights April 2024

The second quarterly meetings for 2024 of the Bankers Compliance Task Force (BCTF) supported by Jones Walker were held on April 17 in Flowood, Mississippi, and April 18 in Collierville, Tennessee. The BCTF is a group of bankers from banks of all sizes who, among other things, meet quarterly to discuss and receive training on current compliance topics as well as legal and regulatory trends. Since 1993, the members of the BCTF have worked together to address mutual compliance problems and provide each other critical support and training under the leadership of a member-elected steering committee and the professional guidance of Jones Walker. At its April meetings, the BCTF discussed many topics relevant to our banking clients' ongoing regulatory compliance concerns, but the underlying theme of all the issues this quarter was risk management and mitigating risks through strong internal controls.