FinCEN renews geographic targeting orders for multiple states

The OCC plans to reach out to financial institutions to let them know if their data was exposed in a recent security incident involving the agency’s email systems.

The Financial Stability Board announced it has finalized a common framework that financial firms can use to report operational incidents, including cyber incidents.

Banking regulators have temporarily paused certain appraisal requirements for real estate-related transactions in in Los Angeles County to facilitate recovery efforts following the wildfires earlier this year.

A federal court vacated the CFPB’s rule on credit card late fees a day after ABA and other plaintiffs reached an agreement with the bureau to end a lawsuit over the rule.

The FDIC announced that electronic communications is now the agency’s preferred method for supervisory correspondence and released guidance on how to use its secure email portal.

FinCEN plans to rescind one of its two rules establishing civil penalties for certain Bank Secrecy Act violations, which it said was made obsolete under a 1990 law adjusting the penalties for inflation.