Working with Compliance

Federal law enforcement agencies announced the formation of an interagency “strike force” to target Southeast Asian cryptocurrency-related investment scams and confidence schemes.

The CFPB is proposing to remove disparate impact from its enforcement of the Equal Credit Opportunity Act, clarify the prohibition on discouraging prospective applicants, and establish new limits on special-purpose credit programs offered by lenders.

The CFPB is proposing revisions to its small-business lending data rule to scale back the scope of data collection, saying that adopting a “longer-term” approach that allows for the future addition of more data points would be the...

Santander UK’s scam-interruption team confronts delicate issues for customers in difficult moments.

The Federal Reserve finalized revisions to its supervisory rating framework for large banks to address the “well managed” status of the institutions.

As the Treasury Department crafts regulations to implement the Genius Act, it should seek to preserve the benefits of payment stablecoins without causing unnecessary risks for customers, credit availability and financial stability, ABA and four associations said in...