FinCEN reports rise in virtual currency use for human trafficking
FinCEN issued an analysis finding an increase in Bank Secrecy Act reports about the use of convertible virtual currency for...
Newsbytes
NFIB Small Business Optimism Index decreased two points in January
A seasonally adjusted net 14% of business owners planned to create new jobs in the next three months, down ttwo...
FinCEN proposes applying BSA requirements to investment advisers
FinCEN proposed a new rule to require certain investment advisers to comply with Bank Secrecy Act regulations regarding anti-money laundering...
CPI rose 0.3% in January
The Consumer Price Index rose 0.3% in January after rising slightly the month before, increasing 3.1% over the past year.
ABA, associations recommend changes to veteran homeownership program
A Department of Veterans Affairs program that helps military families become homeowners should align its property condition standards with those...
FDIC issues regulatory relief guidance for Michigan
The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of...
FFIEC releases principles for monitoring for appraisal bias in bank exams
FFEIC released a set of principles to guide banking regulators when monitoring for discrimination in residential property appraisals and evaluations...
New York Fed: Consumer inflation expectations hold steady
Consumer inflation expectations in January remained unchanged at the short- and longer-term horizons and declined slightly at the medium-term horizon,...
Hsu: Trust critical for community banks to maintain competitive edge
Communities will respond to businesses that truly understand them and that is community banks’ greatest strength, although maintaining the advantage...
Fed’s Bowman: Cumulative regulation is one of ‘greatest threats’ to community banks
One of the “greatest threats” to the community banking business model is the “cumulative impact” of new regulations and “changed...
