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
Mar 10, 2023 | NewsWatch Today
FDIC issues guidance on Fair Hiring in Banking Act

The FDIC released a Financial Institution Letter on amendments to Section 19 of the Federal Deposit Insurance Act under the Fair Hiring in Banking Act.

Mar 6, 2023 | NewsWatch Today
ICBA backs bill to strengthen CFPB cost-benefit analysis

ICBA expressed support for newly reintroduced House legislation that would require a thorough cost-benefit analysis for proposed Consumer Financial Protection Bureau rules.

Mar 2, 2023 | NewsWatch Today
ICBA urging comments supporting updated TRID disclosures

ICBA is encouraging community bankers to call on the Consumer Financial Protection Bureau to adopt an ICBA proposal to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure rules.

Feb 28, 2023 | NewsWatch Today
FinCEN issues alert on surge in mail theft-related check fraud

The Financial Crimes Enforcement Network issued an alert to financial institutions on the nationwide surge in check fraud schemes targeting the U.S. Mail.

Feb 28, 2023 | NewsWatch Today
Supreme Court taking up challenge to CFPB funding structure

The U.S. Supreme Court said it will take up a case challenging the Consumer Financial Protection Bureau's funding method after a federal appeals court ruled last fall that it is unconstitutional.

Feb 21, 2023 | NewsWatch Today
OCC updates change-in-control booklet

The OCC issued a revised version of the “Change In Bank Control” booklet of the Comptroller’s Licensing Manual.

Feb 8, 2023 | NewsWatch Today
OCC updates booklet on branch closings

The OCC issued the “Branch Closings” booklet of the Comptroller’s Licensing Manual. The revised booklet replaces the booklet of the same title issued June 2017, makes corrections where necessary, and contains updated guidance.

Feb 8, 2023 | NewsWatch Today
CFPB issues guidance on digital mortgage platforms

The Consumer Financial Protection Bureau issued an advisory opinion to prevent digital mortgage comparison-shopping platforms from illegally referring borrowers to only lenders paying referral fees.

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