The bill follows crypto industry concerns over being excluded from the financial system by government agencies Senate Banking ...

The crypto industry argued that U.S. regulators used the idea of risks to banks' reputation to pressure them to reject ...

The difference is having a good reputational risk management program in place, but this is easier said than done. A few points to consider: Embrace enterprise risk management (ERM). Managing a ...

Senate Banking Committee Chair Tim Scott, R-SC, introduced a bill Thursday meant to eliminate reputational risk as a metric regulators would use to gauge the safety and soundness of banks.

The legislation would also eliminate federal banking agencies' ability to move forward with new rules or guidance using reputational risk to regulate financial institutions, and require those ...