ABA Offers New Certificate for Industry Providers
To help industry providers develop a broad understanding of bank operations, the American Bankers Association has launched a new certificate,...
Bonus Podcast: Key Banking-Related Cases Before the Supreme Court
October brings a new Supreme Court term, but October 2020 has not brought only a new term but also a...
IRS Finalizes Rule on Trusts, Estates Deductions
The IRS has issued a final rule confirming that deductions allowed under Internal Revenue Code section 67(e) for costs incurred...
IRS Issues Guidance on IRA Distributions to State Unclaimed Property Funds
The Internal Revenue Service has issued two new guidance documents on the transfer of individual retirement account funds into a...
ABA Launches New Data and Analytics School
In 2021, the American Bankers Association will launch a new Data and Analytics School. The first session will run virtually...
Fed, FinCEN Propose to Lower Reporting Threshold for Funds Transfers
The Federal Reserve and the Financial Crimes Enforcement Network today proposed to reduce the transaction volume threshold for when banks...
Agencies: No Plans to Recommend Credit-Sensitive Element to SOFR
The U.S. financial agencies do not plan to recommend a credit-sensitive element to the Secured Overnight Financing Rate or a...
With Nod to Industry Progress, CFPB Seeks Feedback on Data Access Regs
The Consumer Financial Protection Bureau today issued an advance notice of proposed rulemaking on consumer-authorized access to financial records.
SEC, CFTC Approve Joint Rule Aligning Margin Levels for Security Futures
The Securities and Exchange Commission and the Commodity Futures Trading Commission approved a joint final rule today to harmonize their...
