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
Nov 30, 2023 | NewsWatch Today
Grassroots push continues ahead of House 1071 vote

ICBA is calling on community bankers to urge their members of Congress to support a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule ahead of a House vote slated for this week.

Nov 30, 2023 | NewsWatch Today
FinCEN extends deadline for beneficial ownership reporting

The Financial Crimes Enforcement Network extended the deadline for certain reporting companies to file their initial reports on beneficial ownership information.

Nov 28, 2023 | NewsWatch Today
Paper details ‘triangulation’ fraud targeting online shoppers

The Financial Services Information Sharing and Analysis Center issued a new white paper on triangulation fraud, a relatively new type of fraud that targets online shoppers and affects the broader payments system.

Nov 27, 2023 | NewsWatch Today
FinCEN warns of Employee Retention Credit fraud

The Financial Crimes Enforcement Network issued an alert to financial institutions on fraud schemes related to the COVID-19 Employee Retention Credit.

Nov 27, 2023 | NewsWatch Today
Treasury issues advisory on AI-enabled holiday scams

The Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection released an advisory highlighting tips consumers can take to avoid becoming the victim of cyber or online scams this holiday shopping season.

Nov 16, 2023 | NewsWatch Today
ICBA issues comprehensive CRA summary, reschedules briefing

ICBA released a comprehensive summary of the recently released interagency final rule to reform Community Reinvestment Act regulations.

Nov 13, 2023 | NewsWatch Today
Grassroots key as Congress debates spending bills

With Congress working this week to advance funding bills to avoid a government shutdown ahead of Friday’s deadline, ICBA is calling on community bankers to contact their members of Congress on pressing legislative issues.

Nov 9, 2023 | NewsWatch Today
FinCEN issues final rule on beneficial ownership identifiers

The Financial Crimes Enforcement Network issued a final rule that specifies the circumstances in which a reporting company may report an entity’s FinCEN identifier in lieu of information about individual beneficial owners.

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