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 2, 2023 | NewsWatch Today
OCC publishes revised Telephone Consumer Protection Act procedures

The OCC published revised interagency examination procedures for the Telephone Consumer Protection Act.

Oct 27, 2023 | NewsWatch Today
ICBA advocacy leads to nationwide 1071 injunction

A federal court granted an ICBA request to expand injunctive relief from the Consumer Financial Protection Bureau’s Section 1071 final rule to all community banks nationwide.

Oct 26, 2023 | NewsWatch Today
CFPB targets credit card interest, fees in latest report

The Consumer Financial Protection Bureau said total outstanding credit card debt eclipsed $1 trillion last year for the first time since the CFPB began collecting this data.

Oct 25, 2023 | NewsWatch Today
Regulators approve Community Reinvestment Act final rule

Federal regulators issued an interagency final rule to reform Community Reinvestment Act regulations.

Oct 20, 2023 | NewsWatch Today
CFPB issues 1033 proposal on sharing consumer data

The Consumer Financial Protection Bureau released its proposal to implement standards for sharing consumer financial data under Section 1033 of the Dodd-Frank Act.

Oct 13, 2023 | NewsWatch Today
CFPB, DOJ: Law protects credit applicants regardless of immigration status

The Consumer Financial Protection Bureau and Justice Department said in a joint statement that all credit applicants are protected from discrimination under the Equal Credit Opportunity Act, regardless of their immigration status.

Oct 12, 2023 | NewsWatch Today
CFPB issues guidance on fees for providing account information

ICBA said it is reviewing new Consumer Financial Protection Bureau guidance requiring banks and credit unions over $10 billion in assets to provide account information requested by customers without charging fees.

Oct 10, 2023 | NewsWatch Today
Chopra: CFPB’s 1033 consumer data proposal coming this month

The Consumer Financial Protection Bureau this month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.

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