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
Apr 27, 2023 | NewsWatch Today
FDIC, OCC issue guidance on overdraft programs

The FDIC and OCC issued supervisory guidance on consumer compliance risks associated with bank overdraft protection programs.

Apr 27, 2023 | NewsWatch Today
CFPB issues guidance on ‘zombie mortgage’ collection tactics

The Consumer Financial Protection Bureau issued guidance on debt collectors threatening to foreclose on homes with mortgages past the statute of limitations.

Apr 26, 2023 | NewsWatch Today
Treasury calls for response to de-risking

The Treasury Department issued a strategy on de-risking, which occurs when financial institutions terminate or restrict business relationships indiscriminately with broad categories of customers rather than analyzing and managing the risk of those customers.

Apr 21, 2023 | NewsWatch Today
Grassroots push on 1071 rule continues

ICBA continues calling on community bankers to urge their members of Congress to support a House resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 rule.

Apr 20, 2023 | NewsWatch Today
FHFA proposes rule to codify fair lending requirements

The Federal Housing Finance Agency requested comment on a proposed rule that would formalize many of the agency’s existing practices and programs regarding fair housing and fair lending oversight of its regulated entities.

Apr 19, 2023 | NewsWatch Today
ICBA, states urge House to pass resolution nullifying 1071 rule

ICBA and 44 state community banking associations called on the House of Representatives to approve a resolution to nullify the Consumer Financial Protection Bureau’s 1071 final rule.

Apr 18, 2023 | NewsWatch Today
CFPB issues additional 1071 sample form formats

The Consumer Financial Protection Bureau issued additional file formats for its Section 1071 small-business data-collection sample form.

Apr 17, 2023 | NewsWatch Today
CFPB revises average prime offer rate methodology

The Consumer Financial Protection Bureau announced a revised version of its methodology for determining average prime offer rates.

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