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Banks See Compliance Burden Rise to Unsustainable Heights 

Oct 15, 2014By

Financial institutions saw a 26% increase in the number of hours and employees required to meet regulatory compliance demands in the third quarter, the latest Banking Compliance Index (BCI) shows.  More than 80 new regulatory changes added in the third quarter resulted in banks needing to devote 653 additional hours on average, or the equivalent […]