FDIC, OCC repeal guidance on leveraged lending
The FDIC and the Office of the Comptroller of the Currency rescinded guidance on leveraged lending issued more than a...
Compliance and Risk
G7 paper seeks to align financial sector cyber incident responses across borders
A G7 working group released a set of nonbinding principles to align cyber incident response and recovery approaches for the...
FinCEN analysis shows scope of ransomware problem
A new analysis of Bank Secrecy Act reports found that more than $2.1 billion in ransomware payments were made over...
Community banks’ strategic goals and planning
Big challenges, big goals and the tools community banks need to tackle them in 2025.
Learning from banks’ 2023 borrowing from the Fed
Use of the discount window by banks reaffirms that severe stress in 2023 was limited to a handful of banks.
ABA, associations seek long-term reauthorization of National Flood Insurance Program
ABA joined 13 associations and coalitions in urging lawmakers to adopt a long-term reauthorization of the NFIB, saying it would...
ABA urges CFPB to retract guidance on credit card rewards
ABA asked the CFPB to withdraw guidance for law enforcement alleging that credit card rewards programs could be illegal under...
FBI issues alert about account takeover fraud
The FBI’s Internet Crime Complaint Center has issued a consumer alert about cyber criminals impersonating financial institutions to steal money...
ABA Fraudcast: From Australia, an ecosystem approach to reducing financial scams
Collaboration is key between government, banks, law enforcement and industry.
ABA, associations welcome proposal to improve Fed stress test accountability
The Federal Reserve’s proposed 2026 stress test scenarios reflect a welcome effort to enhance transparency and public accountability, but there...
