Regulatory Recap – April 2023

April 2023 at a glance

Regulators confront continued Congressional pressures and White House “whole of government” issuances. The April 2023 KPMG Regulatory Insights recap highlights this and other regulatory activity, including:

• An analytic framework for assessing financial stability risks, and related nonbank financial company supervision/regulation
• A statement on enforcement and supervision of “automated systems” (including AI)
• Final rules for 1071 small business lending data collection/reporting
• A “de-risking” report on AML/BSA/CFT
• Considerations for virtual/digital currency supervision

For these and other notable regulatory activities during April, see KPMG Regulatory Insights’ Regulatory Recap – April at a glance below.