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Key offices report on crypto risks to financial sector

Dec 8, 2023 | NewsWatch Today
This year’s turmoil in the digital assets market exposed and elevated the high level of interconnectedness between digital assets firms and traditional markets, according to the federal Office of Financial Research.

OCC issues guidance on ‘buy now, pay later’ lending

Dec 7, 2023 | NewsWatch Today
The OCC issued guidance to national banks and federal savings associations to address the risks associated with “buy now, pay later” lending.

ICBA urges President Biden to sign resolution blocking 1071 rule

Dec 7, 2023 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey called on President Joe Biden to sign a recently passed bipartisan resolution to overturn the Consumer Financial Protection Bureau’s Section 1071 rule.

Romero Rainey, Merski again named top lobbyists

Dec 7, 2023 | NewsWatch Today
ICBA President and CEO Rebeca Romero Rainey and ICBA Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2023 list of the nation’s top lobbyists.

Regulators rolling out off-cycle exams: Reuters

Dec 7, 2023 | NewsWatch Today
Reuters reported on bank regulators ramping up off-cycle examinations of community banks following large bank failures earlier this year.

ThinkTECH session next week features quick fintech pitches

Dec 6, 2023 | NewsWatch Today
ICBA next week is hosting a fast and informative session to explore fintech solutions for community banks.

ICBA: Agency use of AI could relieve data reporting burden

Dec 6, 2023 | NewsWatch Today
ICBA offered recommendations for an Office of Management and Budget proposal to establish artificial intelligence governance standards for federal agencies.

CFPB to Congress: ICBA mortgage disclosure proposal could benefit housing market

Dec 6, 2023 | NewsWatch Today
The Consumer Financial Protection Bureau promoted its recent approval of ICBA’s proposed template to improve mortgage disclosures in testimony before Congress.

House committee chairman McHenry won’t seek reelection

Dec 6, 2023 | NewsWatch Today
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced he will retire from Congress at the end of his current term.

Independent Banker features Best Community Banks to Work For

Dec 5, 2023 | NewsWatch Today
The December issue of ICBA Independent Banker magazine features the 2023 Best Community Banks to Work For recipients.

ThinkTECH Accelerator registration open

Dec 5, 2023 | NewsWatch Today
Community bankers can now register to participate in the sixth ICBA ThinkTECH Accelerator program to meet with six emerging fintech companies advancing community bank innovation.

Fed touts ‘same risk, same regulation’ approach to innovation

Dec 5, 2023 | NewsWatch Today
The Federal Reserve Board’s approach to overseeing banking innovation seeks to ensure activities that present fundamentally the same risks are regulated in the same way, a Fed regulator is slated to tell Congress today.