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 20, 2022 | NewsWatch Today
CFPB study: Depositories lead on supplier diversity

A Consumer Financial Protection Bureau study on diversity and inclusion in the financial services sector found depository lenders had the strongest showing in the area of supplier diversity.

Jan 18, 2022 | NewsWatch Today
CFPB announces settlement on consumer task force

The Consumer Financial Protection Bureau settled a lawsuit alleging that its Taskforce on Federal Consumer Financial Law did not comply with the Federal Advisory Committee Act.

Jan 10, 2022 | NewsWatch Today
FDIC releases call report materials

The FDIC released materials pertaining to call reports for the Dec. 31, 2021, report date, which are generally due by Sunday, Jan. 30.

Jan 6, 2022 | Press Release
ICBA Urges CFPB to Expand Exemptions from 1071 Reporting Rules

ICBA today called on the Consumer Financial Protection Bureau to exempt more community banks and small businesses from its proposal to implement new small-business loan data collection and reporting requirements.

Jan 6, 2022 | NewsWatch Today
CFPB: Credit bureaus top consumer complaints

More than half of all consumer complaints received by the Consumer Financial Protection Bureau from January 2020 through September 2021 were directed at Equifax, Experian, and TransUnion, the bureau said.

Jan 5, 2022 | NewsWatch Today
1071 comment letters due tomorrow

Comments on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements are due tomorrow, Jan. 6.

Jan 4, 2022 | NewsWatch Today
1071 comment letters due Thursday

Comments on the Consumer Financial Protection Bureau’s 1071 data collection and reporting requirements are due this Thursday, Jan. 6.

Jan 3, 2022 | NewsWatch Today
CFPB updates HMDA, TILA asset thresholds

The Consumer Financial Protection Bureau issued two annual threshold adjustment final rules under the Home Mortgage Disclosure Act and Truth in Lending Act, effective Jan. 1, 2022.

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