NewsWatch Today

The Financial Crimes Enforcement Network issued a Bank Secrecy Act final rule that requires minimum anti-money-laundering standards for banks without a federal functional regulator.

The Department of Housing and Urban Development recently finalized an ICBA-supported rule to amend its interpretation of the Fair Housing Act’s "disparate impact" standard.

The National Credit Union Administration needs authority over credit union service organizations and vendors to identify and reduce risks they pose to credit unions, the agency's inspector general said.

The new Lost Wage Assistance program that state unemployment agencies are administering requires states to use separate bank accounts from what they use for unemployment insurance and Pandemic Unemployment Assistance benefits.

ICBA expressed concerns with the Consumer Financial Protection Bureau's proposal to change its Qualified Mortgage definition to a price-based approach.

Senate Republicans introduced a scaled-back coronavirus relief package that includes ICBA-advocated provisions contained in previous drafts.

ICBA and other members of the Quality Patents Coalition expressed support for a one-year extension of the Patent and Trademark Office's program for re-examining business-method patents to prevent litigation.

Federal regulators said they will extend until Nov. 3 the comment period on a proposal to revise interagency questions and answers on flood insurance.

The Consumer Financial Protection Bureau released the 2021 Filing Instructions Guide for Home Mortgage Disclosure Act data.

The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to create a new category of "seasoned" qualified mortgages.

The Financial Crimes Enforcement Network issued a statement on its approach to enforcing Bank Secrecy Act rules and regulations.

ICBA is calling for the Federal Housing Finance Agency and Fannie Mae and Freddie Mac to immediately rescind the decision to charge a 0.5 percent fee on refinance mortgages.