SB 372 — Department of Banking and Finance; removal of references to reputational risk from any Department of Banking and Finance guidance, rule, examination manual, or similar document; provide
Senate Read and Referred
A BILL to be entitled an Act to amend Article 1 of Chapter 1 of Title 7 of the Official Code of Georgia Annotated, relating to Department of Banking and Finance and financial institutions generally, so as to provide for the removal of references to reputational risk from any Department of Banking and Finance guidance, rule, examination manual, or similar document; to prohibit the department from considering reputational risk when regulating financial institutions; to provide for a report detailing any policy changes made by the department as a result of this Act; to provide for a definition; to provide for related matters; to repeal conflicting laws; and for other purposes.
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