The Cybersecurity and Infrastructure Security Agency this week issued a fact sheet highlighting cyber resiliency resources provided by the federal government, industry, and trade associations.
The Senate Banking Committee approved the nominations of Kyle Hauptman for the National Credit Union Administration Board as well as Hester Peirce and Caroline Crenshaw to be members of the Securities and Exchange Commission.
The Financial Crimes Enforcement Network issued responses to three frequently asked questions regarding customer due diligence requirements for covered financial institutions.
ICBA posted a new guide to Small Business Administration lien requirements on Economic Injury Disaster Loans after seeking SBA input on its treatment of EIDLs.
Many small businesses have switched from large banks to community banks amid the COVID-19 pandemic because of their successful implementation of the Paycheck Protection Program, The Wall Street Journal reported.
Federal regulators released risk management and consumer protection principles for financial institutions to consider while working with borrowers as initial coronavirus-related loan accommodation periods come to an end.
ICBA filed a friend-of-the-court brief supporting the New York Department of Financial Services lawsuit challenging the Office of the Comptroller of the Currency's special-purpose national bank charter for fintech companies.
ICBA and other groups expressed strong support for the House version of ICBA-advocated legislation to forgive Paycheck Protection Program loans under $150,000.
