Day: May 31, 2023

Compliance Officer Pay increased last year

Compliance Officer Pay Jumped Significantly Last Year

On By Joseph McCafferty

A new report shows that chief compliance officers and other compliance professionals got a nice bump in pay in 2022, as demand for compliance talent hit record highs. According to the report, by executive search firm BarkerGilmore, chief compliance officers received and average raise in base pay of 12 percent Read More

Silicon Valley Bank image

Regulator to Get Tough on Big Banks With ‘Persistent Weaknesses’

On By Jaclyn Jaeger

Large and complex banks with “persistent weaknesses” could face “additional and increasingly severe” sanctions, under the Office of the Comptroller of the Currency’s (OCC) newly revised policies and procedures manual on bank enforcement actions. The OCC’s revised policies and procedures manual on bank enforcement actions, issued May 25, includes a Read More