CFPB to Restart Military Lending Act Supervision
In a reversal of existing policy, the Consumer Financial Protection Bureau today issued an interpretive rule stating that it has...
Compliance and Risk
FHFA Calls on Congress for Authority to Examine Third-Party Service Providers
In the Federal Housing Finance Agency’s annual report to Congress, the agency requested the authority to examine third-party service providers...
OCC’s Hsu: Addressing Appraisal Bias Requires ‘Collective Effort’
Acting Comptroller of the Currency Michael Hsu told attendees at a CFPB roundtable today that banks are being held accountable...
OSHA Updates COVID Guidance for Non-Healthcare Industries
The Occupational Safety and Health Administration on Friday updated its guidance on mitigating and preventing the spread of COVID-19 in...
Agencies Update Regulatory Agendas
Federal agencies on Friday announced updates to their rulemaking agendas. Items on the agendas and their associated timelines were submitted...
ABA Urges Additional Clarity on Model Risk Management for BSA/AML Compliance
The American Bankers Association filed comments today urging the federal banking agencies and the Financial Crimes Enforcement Network to provide...
Understanding the Biden Administration’s Cybersecurity Executive Order
New standards for vendors may ease banks’ due diligence responsibilities.
Podcast: The Fintech Policy Lightning Round
On the latest episode of the ABA Banking Journal Podcast, Rob Morgan and Matthew Daigler join to provide quick-fire updates...
Banks’ Transition Away from Libor Just Became Easier
The variety of forward-looking term rates now available means that banks will have choices to offer when transitioning from Libor.
ABA Joins Coalition Amicus Brief in Support of Rehearing FDCPA Case
The American Bankers Association and a coalition of financial trade groups filed an amicus brief urging the 11th U.S. Circuit...
