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
Dec 2, 2021 | NewsWatch Today
Agencies adjust regulatory thresholds

Federal regulators announced 2022 updates to key regulatory thresholds.

Dec 2, 2021 | NewsWatch Today
Romero Rainey: Act now on 1071 proposal

ICBA President and CEO Rebeca Romero Rainey called on community bankers to join the grassroots push on the Consumer Financial Protection Bureau’s 1071 proposal.

Nov 30, 2021 | NewsWatch Today
ICBA launches comment letter campaign on 1071 proposal

ICBA is calling on community bankers to submit personalized comments on the Consumer Financial Protection Bureau’s proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

Nov 30, 2021 | NewsWatch Today
CFPB issues annual threshold adjustment

The Consumer Financial Protection Bureau raised the annual threshold adjustment maximum that consumer reporting agencies may charge consumers for making a file disclosure to a consumer under the Fair Credit Reporting Act.

Nov 24, 2021 | NewsWatch Today
SBA office backs 1071 comment extension

The SBA Office of Advocacy expressed support for ICBA and state banking associations’ request that the Consumer Financial Protection Bureau extend the comment deadline on its proposal to implement Dodd-Frank Section 1071 collection and reporting requirements.

Nov 19, 2021 | NewsWatch Today
Agencies issue computer incident notification final rule

Federal banking regulators approved a final rule designed to improve the sharing of information about cyber incidents that may affect the U.S. banking system.

Nov 5, 2021 | NewsWatch Today
CFPB targets faulty identity matching practices

The Consumer Financial Protection Bureau issued an advisory opinion affirming that consumer reporting companies engaging in “shoddy name-matching procedures” are violating the law.

Nov 1, 2021 | NewsWatch Today
CFPB issues debt collection guidance

The Consumer Financial Protection Bureau released several guidance documents to help providers prepare for two debt collection final rules taking effect Nov. 30.

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