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From the CEO: ICBA and Community Banker Leadership Prevails Again

Dec 13, 2021 | NewsWatch Today
Amid an outsized response to the pandemic’s economic implications, community bankers have in 2021 once again proven to be formidable leaders both in your communities and in Washington — with ICBA by your side and leading the way.

IMF researchers urge global crypto regulatory regime

Dec 10, 2021 | NewsWatch Today
A new International Monetary Fund article urges regulators across the globe to develop comprehensive international standards for digital assets.

Recording of 1071 grassroots briefing available

Dec 10, 2021 | NewsWatch Today
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.

ICBA backs bill to extend CBLR relief

Dec 10, 2021 | NewsWatch Today
ICBA expressed support for legislation to allow federal banking regulators to implement a community bank leverage ratio of 8-8.5% through 2024.

CFPB report spotlights mortgage, payday, remittance violations

Dec 10, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released its Supervisory Highlights report for the first half of 2021, which spotlights legal violations identified during exams of financial institutions with more than $10 billion in assets.

House passes ICBA-backed LIBOR transition bill

Dec 9, 2021 | NewsWatch Today
The House passed ICBA-supported legislation to support the transition from LIBOR to alternative reference rates.

ICBA 1071 advocacy briefing today

Dec 9, 2021 | NewsWatch Today
ICBA is hosting a complimentary briefing on its campaign targeting the Consumer Financial Protection Bureau’s Section 1071 proposal at 3 p.m. (Eastern time) today, Dec. 9.

As crypto CEOs testify, ICBA urges coordinated regulatory approach

Dec 9, 2021 | NewsWatch Today
With cryptocurrency CEOs testifying before Congress, ICBA called on policymakers to enact a comprehensive, coordinated regulatory approach to digital assets that ensures innovation is undertaken safely.

ICBA-opposed Omarova nomination withdrawn

Dec 8, 2021 | NewsWatch Today
Law professor Saule Omarova withdrew her nomination to lead the Office of the Comptroller of the Currency following public opposition by ICBA and affiliated state community banking groups.

CFPB issues final rule on LIBOR transition

Dec 8, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau finalized a rule facilitating the transition away from the LIBOR interest rate index for consumer financial products.

FinCEN proposes rule to implement beneficial owner reforms

Dec 8, 2021 | NewsWatch Today
The Financial Crimes Enforcement Network issued a proposed rule to implement ICBA-advocated beneficial ownership reporting provisions of the Corporate Transparency Act passed in 2020.

HUD issues guidance on special-purpose credit programs

Dec 8, 2021 | NewsWatch Today
The Department of Housing and Urban Development released guidance clarifying that special-purpose credit programs that conform with the Equal Credit Opportunity Act and Regulation B generally do not violate the Federal Fair Housing Act.