"We want to see a level playing field," American Bankers Association
laundering specialist John Byrne has announced, "and we won't be satisfied until every financial service provider in some way is accountable for knowing its customers in a similar way that banks are being asked to know theirs." Also looming is an even stranger fight over what might be called "merchandise laundering": Treasury and Customs are threatening legislation aimed at retailers who accept cash payment for bulk purchases of various goods - two of the most-publicized instances have involved sunglasses and home appliances - without investigating the buyers' bona fides.
A former governor of Oklahoma, Frank Keating has been named as the next chief executive officer of the American Bankers Association
. He had earlier been a CEO for the American Council of Life Insurers, and is to take up his responsibilities from January 1, succeeding Edward Yingling.
The ABIA was created in 2001 through the combination of the American Bankers Association
Insurance Association and the Association of Banks-in-Insurance.
Colbert (Muscogee), president of the Native American Bankers Association
; Stephen Cornell, director of the Udall Center for Studies in Public Policy at the University of Arizona; Mary S.
10-13: American Bankers Association
According to the American Bankers Association
(ABA) Web site (www.aba.com), the "ABA continues to work with our state counterparts, as well as with the Financial Services Coordinating Council (FSCC), to oppose privacy bills in the states that would create requirements beyond those in place under Regulation P.
4 included the generation-skipping transfer tax proposal that the AICPA developed with the American Bar Association, the American Bankers Association
and the American College of Trust and Estate Counsel.
The Multi-Professional Organization Allocation Task Force (which includes members of the AICPA, the American Bankers Association
, the American College of Trust and Estate Counsel and several bar associations) recently submitted a proposal to Congress advocating changes in the application of the generation-skipping transfer (GST) tax exemption.
John Hall of the American Bankers Association
in Washington says you can spot suspect checks by asking yourself these questions:
In its 1994 Check Fraud Survey, the American Bankers Association
(ABA) indicated that the volume of check fraud against financial institutions increased by 136 percent from 1991 to 1993.
Stewart serves as chair elect of the American Bankers Association
. Recognised by American Banker as one of the Most Powerful Women in Banking in 2011, 2015, 2017 and again in 2018, she has served as chair of the board of directors of the Washington Bankers Association (WBA) and is incoming chair of the board of directors for the National Arthritis Foundation.
WASHINGTON: American Bankers Mutual Insurance, Ltd., the reinsurer for the ABA-endorsed insurance program, declared a $2 million distribution to be shared by qualified ABA member banks insured through ABA Insurance Services, the American Bankers Association