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
Feb 6, 2024 | NewsWatch Today
FinCEN renewing Currency Transaction Report control numbers

The Financial Crimes Enforcement Network published a 60-day notice to renew the Office of Management and Budget control numbers assigned to Currency Transaction Reports.

Jan 25, 2024 | NewsWatch Today
Agencies issue guidance on using AI securely

The Cybersecurity and Infrastructure Security Agency and other national and international agencies released joint guidance on using artificial intelligence systems securely.

Jan 25, 2024 | NewsWatch Today
CFPB proposal on non-sufficient-funds fees would distort market: ICBA

A new Consumer Financial Protection Bureau proposed rule to restrict the use of non-sufficient-funds fees is another example of the bureau imposing arbitrary price controls that would distort market discipline, ICBA said.

Jan 18, 2024 | NewsWatch Today
CFPB issues overdraft proposal with community bank exemption

The Consumer Financial Protection Bureau issued a proposed rule on overdraft services that would exempt community banks under $10 billion in assets.

Jan 12, 2024 | NewsWatch Today
CFPB issues guidance to consumer reporting companies

The Consumer Financial Protection Bureau issued guidance to consumer reporting companies to address inaccurate background check reports and credit file sharing practices.

Jan 11, 2024 | NewsWatch Today
CFPB report on credit reporting rulemaking includes ICBA input

The Consumer Financial Protection Bureau released a report on its small-business review ahead of issuing new rules under the Fair Credit Reporting Act.

Jan 3, 2024 | NewsWatch Today
CFPB sending $6M in relief checks

The Consumer Financial Protection Bureau said it recently sent $6 million in financial relief to consumers harmed by illegal lending practices targeting veterans.

Jan 2, 2024 | NewsWatch Today
FinCEN now accepting beneficial ownership reports

The Financial Crimes Enforcement Network began accepting beneficial ownership information reports.

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