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ICBA opposes Labor Department overtime proposal

Nov 7, 2023 | NewsWatch Today
ICBA expressed strong opposition to a Labor Department proposal that would increase the number of employees who are entitled to overtime compensation.

House Ag ranking member calls for one-year farm bill extension

Nov 7, 2023 | NewsWatch Today
House Agriculture Committee Ranking Member David Scott (D-Ga.) called for a one-year extension of the 2018 farm bill while lawmakers continue to develop a five-year reauthorization.

ICBA expresses concerns with SBA 7(a) expansion

Nov 6, 2023 | NewsWatch Today
ICBA expressed concerns with a Small Business Administration announcement that it has licensed three new Small Business Lending Companies for its 7(a) loan program.

New ICBA podcast on rising cybercrime

Nov 6, 2023 | NewsWatch Today
The latest episode of ICBA’s “Independent Banker” podcast spotlights rising cybercrime and the importance of community banks fortifying their cybersecurity operations.

Watchdog warns of money-laundering threats

Nov 6, 2023 | NewsWatch Today
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its list of jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

ICBA offers high-level CRA summary ahead of briefing

Nov 6, 2023 | NewsWatch Today
ICBA released a high-level summary of the recently released interagency final rule to reform Community Reinvestment Act regulations ahead of an upcoming ICBA briefing on the rule.

ICBA issues high-level summary of CRA final rule

Nov 2, 2023 | NewsWatch Today
ICBA released a high-level summary of the recently released interagency final rule to reform Community Reinvestment Act regulations ahead of an upcoming ICBA briefing on the rule.

Final rule on Treasury check liability will not mandate verification system

Nov 2, 2023 | NewsWatch Today
The Treasury Department’s Bureau of Fiscal Service issued a final rule governing the payments of Treasury checks.

OCC publishes revised Telephone Consumer Protection Act procedures

Nov 2, 2023 | NewsWatch Today
The OCC published revised interagency examination procedures for the Telephone Consumer Protection Act.

How the crypto policy debate affects community banks: blog

Nov 1, 2023 | NewsWatch Today
A new ICBA blog post breaks down the policy debate over treating cryptoassets as securities or commodities and the implications for community banks.

Central bank group reports stablecoin risks, CBDC benefits

Nov 1, 2023 | NewsWatch Today
A Bank for International Settlements panel said the risks of using stablecoins for cross-border payments could outweigh the benefits.

ICBA: Additional beneficial ownership reporting changes needed

Nov 1, 2023 | NewsWatch Today
ICBA said that while it supports the Financial Crimes Enforcement Network’s plan to amend its proposed beneficial ownership information reporting form, it is concerned the proposal would require database users to determine whether submitted information is accurate.