In the News | Bank Director
AI, executive order raise new questions for fair lending compliance
Sept. 5, 2025 · Authored by Mark Wuchte
In banking, pulling back can be costly.
As Baker Tilly’s Mark Wuchte shared with Bank Director, banks that scale back testing and monitoring for disparate impact may reduce their near-term regulatory burden — but they risk much more: litigation, reputational harm and diminished stakeholder confidence. Despite shifting regulatory guidance, the 2015 Supreme Court ruling underscores that disparate impact remains a legal risk. And as Mark notes, perception and trust are just as critical as compliance.
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