Compliance News

In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.

Regulations and Guidance
Dec 20, 2024 | NewsWatch Today
Agencies adjust CRA asset thresholds

Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

Dec 4, 2024 | NewsWatch Today
OCC updates unfair practices booklet

The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

Dec 4, 2024 | NewsWatch Today
CFPB proposes rule on consumer reporting

The Consumer Financial Protection Bureau issued a notice of proposed rulemaking related to consumer reporting and the requirements of the Fair Credit Reporting Act.

Oct 25, 2024 | NewsWatch Today
CFPB: Companies must follow FCRA rules when tracking employees

The Consumer Financial Protection Bureau issued a circular that said that companies using third-party consumer reports must follow Fair Credit Reporting Act rules.

Oct 18, 2024 | NewsWatch Today
FinCEN: Certain telecommunications service providers are exempt from beneficial ownership requirements

The Financial Crimes Enforcement Network issued a final rule to clarify that certain telecommunications service providers qualify as “regulated public utilities” and are exempt from the Corporate Transparency Act’s beneficial ownership information reporting requirements. The final rule is effective immediately upon publication in the Federal Register.

Oct 18, 2024 | NewsWatch Today
FDIC extends compliance date for some signage rules

The FDIC announced that it is extending the compliance date for the new signage and advertising rule from Jan. 1, 2025, to May 1, 2025.

Oct 16, 2024 | NewsWatch Today
Agencies adjust HPML, Reg Z, and Reg M exemption thresholds

The agencies issued three annual threshold adjustment final rules, effective Jan. 1.

Oct 7, 2024 | NewsWatch Today
Agencies adjust regulatory thresholds

Federal regulators announced 2025 updates to key regulatory thresholds.

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