Compliance News

In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.

Regulations and Guidance
Jan 22, 2025 | NewsWatch Today
ICBA thanks President Trump for rulemaking pause

ICBA thanked President Donald Trump for issuing an executive order freezing new rulemakings.

Jan 15, 2025 | NewsWatch Today
CFPB withdraws ICBA-opposed proposal on non-sufficient-funds fees

The Consumer Financial Protection Bureau withdrew its proposed rule to restrict the use of non-sufficient-funds fees, as advocated by ICBA.

Jan 2, 2025 | NewsWatch Today
Latest beneficial ownership update: Companies not required to file

The Financial Crimes Enforcement Network announced that, in light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information, or BOI.

Dec 20, 2024 | NewsWatch Today
Agencies adjust CRA asset thresholds

Federal regulators announced the 2025 updated asset-size thresholds used to define "small banks" and "intermediate small banks" under their current Community Reinvestment Act regulations.

Dec 4, 2024 | NewsWatch Today
OCC updates unfair practices booklet

The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive, or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

Dec 4, 2024 | NewsWatch Today
CFPB proposes rule on consumer reporting

The Consumer Financial Protection Bureau issued a notice of proposed rulemaking related to consumer reporting and the requirements of the Fair Credit Reporting Act.

Oct 25, 2024 | NewsWatch Today
CFPB: Companies must follow FCRA rules when tracking employees

The Consumer Financial Protection Bureau issued a circular that said that companies using third-party consumer reports must follow Fair Credit Reporting Act rules.

Oct 18, 2024 | NewsWatch Today
FinCEN: Certain telecommunications service providers are exempt from beneficial ownership requirements

The Financial Crimes Enforcement Network issued a final rule to clarify that certain telecommunications service providers qualify as “regulated public utilities” and are exempt from the Corporate Transparency Act’s beneficial ownership information reporting requirements. The final rule is effective immediately upon publication in the Federal Register.

Do you have further compliance questions?

Note: ICBA members can access an additional 2,500 compliance Q&As in ICBA's Compliance Vault