NewsWatch Today

The Consumer Financial Protection Bureau issued frequently asked questions on its Section 1071 small-business data collection and reporting rule. The FAQs cover which financial institutions, transactions, and small businesses are covered under the rule.

Banking regulators finalized updates to agency guidance on commercial real estate loan accommodations for borrowers.

The OCC released the Cybersecurity Supervision Work Program, which provides high-level examination objectives and procedures for cybersecurity assessment.

ICBA said it supports the Federal Trade Commission’s interest in the role and business practices of cloud service providers, or CSPs.

ICBA is calling on community bankers to urge their members of Congress to oppose legislation to impose routing mandates on credit card transactions.

The Consumer Financial Protection Bureau said it will be accepting applications for membership on the Community Bank Advisory Council and other advisory committees between July 3 and July 16.

Federal banking regulators issued the 2023 list of distressed or underserved nonmetropolitan middle-income geographies.

ICBA is accepting applications for the second ICBA ThinkTECH Accelerator program of 2023 through Thursday, July 15.

Federal Reserve Chairman Jerome Powell pledged to Congress that the Fed would consider the impact on community banks of any new regulatory initiatives.

ICBA and other groups raised concerns about a Federal Housing Finance Agency plan for transitioning Fannie Mae and Freddie Mac to new credit score models

The Consumer Financial Protection Bureau is hosting a webinar next week on its 1071 rule on small-business lending.

The Federal Reserve Board published a database of financial institutions with access to, or requests to access, Federal Reserve Bank master accounts and services.