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
Aug 6, 2021 | NewsWatch Today
CFPB interpretive rule re: Juneteenth 2021

The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of June 19, 2021 as a business day or federal holiday.

Aug 2, 2021 | NewsWatch Today
CFPB: Debt collection rules effective Nov. 30

The Consumer Financial Protection Bureau said two final rules issued under the Fair Debt Collection Practices Act will take effect as planned on Nov. 30.

Jul 30, 2021 | NewsWatch Today
Lawmakers to CFPB: Consider impact of 1071 reporting

House Financial Services Committee Republicans called on the Consumer Financial Protection Bureau to consider the impact on small institutions as it develops a proposed rule on small-business data collection and reporting.

Jul 29, 2021 | NewsWatch Today
CFPB launches tool to help renters, landlords access federal assistance

The Consumer Financial Protection Bureau released an online tool to help renters and landlords affected by the pandemic find and apply for payment assistance for rent, utilities, and other expenses.

Jul 22, 2021 | NewsWatch Today
OCC to propose rescinding CRA rule

The OCC said it will propose rescinding its May 2020 Community Reinvestment Act rule and work with other agencies on a joint rulemaking.

Jul 20, 2021 | NewsWatch Today
CFPB settlement sets Sept. 30 deadline for 1071 proposal

A lawsuit on the Consumer Financial Protection Bureau’s implementation of small-business data collection and reporting rules determined that the bureau will issue a proposed rulemaking by Sept. 30, 2021, according to the Ballard Spahr law firm.

Jul 14, 2021 | NewsWatch Today
Agencies propose guidance on third-party relationships

Federal banking regulators proposed interagency guidance designed to help banks manage risks associated with third-party relationships, including those with fintech entities.

Jul 9, 2021 | NewsWatch Today
CFPB launches housing insecurity media toolkit

The Consumer Financial Protection Bureau launched a digital media toolkit with resources for renters and mortgage borrowers who continue to struggle financially from the coronavirus pandemic.

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