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Harsh Kandoi

Harsh serves as an assurance senior associate for HORNE LLP. He serves financial institution clients by performing external audit, internal audit, and Sarbanes-Oxley - Section 404 compliance services.

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4 Steps to Prepare for Regulatory Change in 2018

Banks had a recent win in Washington. Behind closed doors, President Trump signed a Congressional bill to overturn the Consumer Financial Protection Bureau (CFPB) rule banning mandatory arbitration clauses.[1] As initially written, the CFPB rule would have opened banks and credit unions up to a flood of litigation. The new bill is a sign of support from Washington as banks face looming regulatory changes.

Topics: Regulations, CFPB