NewsWatch Today

ICBA said community bankers strongly support the role of the Financial Crimes Enforcement Network while recommending updates to beneficial ownership information collection and Bank Secrecy Act thresholds.

The Treasury Department sanctioned a large network of scam centers across Southeast Asia that steal billions of dollars from Americans.

President Donald Trump signed into law the bipartisan Homebuyers Privacy Protection Act, ICBA-supported legislation that will help protect the financial privacy of mortgage applicants.

The Financial Crimes Enforcement Network issued guidance to encourage and promote appropriate, voluntary cross-border sharing of information between and among financial institutions, including appropriate foreign financial institutions.

The Securities and Exchange Commission announced the formation of a task force that it said will strengthen and enhance efforts to identify and combat cross-border fraud harming U.S. investors.

ICBA and other groups called on Congress to extend the Cybersecurity Information Sharing Act before its Sept. 30 expiration date, saying that failure to do so would impede public-private sector coordination during cyberattacks and weaken the nation’s cyber defenses.

The House Homeland Security Committee unanimously passed the Widespread Information Management for the Welfare of Infrastructure and Government Act (H.R. 5079), ICBA-supported legislation that aims to modernize and extend the Cybersecurity Information Sharing Act of 2015.

The Cybersecurity and Infrastructure Security Agency, National Security Agency, and 19 international partners released a software bill of materials for cybersecurity.

ICBA announced the winners of the 2025 National Community Bank Service Awards in recognition of the creative and exemplary efforts of the nation’s community banks to help their local communities.

The Consumer Financial Protection Bureau reiterated that the agency’s new leadership has directed staff to initiate a new Section 1071 rulemaking.

The Federal Reserve Bank of Philadelphia details types of confidence scams in the Fed’s latest Consumer Compliance Outlook.

The FDIC announced that it will evaluate potential discrimination under the Equal Credit Opportunity Act and Fair Housing Act only through evidence of disparate treatment.