ABA Infographic Explains Tokenization

FHA announced that approved lenders will have 36 hours to report a “significant cybersecurity incident” to HUD instead of 12 hours, as was originally proposed.

Agencies published the third in a series of requests for public comment on reducing the regulatory burden for financial institutions, this time focusing on rules of procedure, safety and soundness, and securities.

The OCC issued version 1.1 of the “Unfair or Deceptive Acts or Practices and Unfair, Deceptive or Abusive Acts or Practices” booklet of the Comptroller’s Handbook.

A proposed accounting standards update on hedge accounting should be amended to align with the Financial Accounting Standards Board's risk mitigation goals, the American Bankers Association said in comments to the FASB.

The CFPB proposed a new rule to expand existing federal protections for consumer data to certain activities by data brokers.

The new Q&As cover key implementation topics such as the use of the digital sign and placement of the official sign in bank branches, the agency said.