NewsWatch Today

With the House expected to vote this week on an ICBA-advocated resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is calling on community bankers to urge their members of Congress to support the measure.

ICBA is hosting a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.

The Financial Services Information Sharing and Analysis Center issued a new white paper on triangulation fraud, a relatively new type of fraud that targets online shoppers and affects the broader payments system.

ICBA and other groups urged the Federal Reserve Board to extend the comment period on its proposal to lower the maximum interchange fee that covered debit card issuers may receive for debit card transactions.

ICBA tomorrow is hosting a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.

The Financial Crimes Enforcement Network issued an alert to financial institutions on fraud schemes related to the COVID-19 Employee Retention Credit.

The Treasury Department’s Office of Cybersecurity and Critical Infrastructure Protection released an advisory highlighting tips consumers can take to avoid becoming the victim of cyber or online scams this holiday shopping season.

Federal banking regulators extended the comment period on their long-term debt proposed rule for large banks until Jan. 16, 2024. Comments on the proposal were originally due by Nov. 30.

ICBA expressed support for the Consumer Financial Protection Bureau’s approval of ICBA’s proposed template to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure rules.

The FDIC board of directors unanimously approved a special committee to oversee an independent third-party review of the agency’s workplace culture following reports of misconduct.

The Federal Housing Finance Agency published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework for Fannie Mae and Freddie Mac.

The Cybersecurity and Infrastructure Security Agency and other agencies released a joint cybersecurity advisory on detection methods associated with LockBit 3.0 ransomware affecting Citrix systems.