"Many banks and financial institutions are still dealing with stricter reforms proposed by Dodd-Franks, spending millions of dollars a year in finding tools to automate the implementation of checks and tests (such as stress tests) for compliance. It's still changing today - but in the industry's favor - as noted by the congressional approval of certain rollbacks which allowing smaller banks to be free from strict scrutiny which big banks such as Goldman and JP Morgan are still subjected to. However, for all banks, this could reduce compliance costs by the millions. These efforts seem to have republican and at least some democratic support so the entire industry is watching them closely. We also have to monitor Basel III reforms as most banks operate in international environments and the final rules were published this past summer which include challenging elements such as real-time risk calculations."