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Banking Compliance Index: Reg Burden Continues to Mount

The second-quarter Banking Compliance Index shows that the average financial institution will require an additional 1.72 full time employee equivalents (FTEs) to research and address just the second quarter’s new regulatory changes. This quarterly tracking index published by the Regulatory Operations Center from ICBA Preferred Service Provider Continuity measures the incremental cost burden on community financial institutions to keep up with regulatory changes. Read More.

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