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 17, 2021 | NewsWatch Today
Complete 1071 grassroots resources available

ICBA offers comprehensive resources for its grassroots comment letter campaign on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements.

Dec 17, 2021 | NewsWatch Today
Agencies adjust CRA asset thresholds

Federal regulators announced the annual adjustment to Community Reinvestment Act thresholds.

Dec 15, 2021 | NewsWatch Today
McWilliams denies including merger review vote in FDIC minutes

FDIC Chairman Jelena McWilliams denied a request by Consumer Financial Protection Bureau Director Rohit Chopra to include in the agency’s official minutes a vote to request public feedback on its bank-merger framework.

Dec 15, 2021 | NewsWatch Today
CFPB updates electronic fund transfer FAQs

The Consumer Financial Protection Bureau updated its frequently asked questions on electronic fund transfers.

Dec 15, 2021 | NewsWatch Today
FinCEN seeks comments on modernizing AML/CFT regime

The Financial Crimes Enforcement Network requested comments on updating the U.S. anti-money-laundering and countering-the-financing-of-terrorism regime.

Dec 15, 2021 | NewsWatch Today
OCC issues final rule rescinding CRA rule

The OCC issued a final rule to rescind its June 2020 Community Reinvestment Act rule and reinstate the 1995 interagency CRA rule.

Dec 15, 2021 | NewsWatch Today
1071 leads CFPB rulemaking agenda

The Consumer Financial Protection Bureau released its fall 2021 agenda of regulatory matters it plans to pursue through Oct. 31, 2022.

Dec 10, 2021 | NewsWatch Today
Recording of 1071 grassroots briefing available

Community bankers can access an on-demand recording of yesterday’s ICBA briefing on its campaign targeting the Consumer Financial Protection Bureau’s Section 1071 proposal.

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Note: ICBA members can access an additional 2,500 compliance Q&As in ICBA's Compliance Vault