Compliance in Social Media

Eleven new sample documents were released, covering franchise sales and loan pools, including purchase and assumption agreements, confidentiality agreements and financing terms.

ABA suggested changes for the agencies' proposed rule regarding unsafe or unsound practices, as well as revisions to the supervisory framework for issuing matters requiring attention and other supervisory communications.

The OCC is proposing two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts. ABA welcomed the proposals.

The OCC is proposing to raise the threshold for which its heightened supervisory standards apply to banks from $50 billion to $700 billion in assets.

FinCEN announced it has taken multi-tiered actions against more than 100 money services businesses along the southwest U.S. border for allegedly failing to comply with anti-money laundering regulations.

A federal grand jury in Nebraska has returned two indictments charging 54 individuals for their alleged roles in stealing millions of dollars from bank and credit union ATMs across the U.S., the Justice Department announced.