Fed Finalizes Countercyclical Capital Buffer Proposal Newsbytes September 8, 2016 The Federal Reserve today issued its final policy statement outlining the framework the agency will follow in setting the Countercyclical...
ABA Rejects Proposal to Expand Money Laundering Risk Assessment Compliance and Risk September 7, 2016 ABA today urged the Office of Management and Budget to reject the OCC’s proposed changes to its Bank Secrecy Act/Money...
Banker, Fed Chiefs Defend Bankers’ Role on Regional Fed Boards Community Banking September 7, 2016 With many activist groups targeting the century-old inclusion of bankers on the boards of the 12 regional Federal Reserve Banks,...
Nichols Tackles Myths About Reg Burden in Politico Op-Ed Community Banking September 6, 2016 In the wake of prominent assertions that Dodd-Frank has had little to no negative effect on community banks and that...
FinCEN Issues Advisory on Email Compromise Fraud Compliance and Risk September 6, 2016 With email compromise schemes -- in which criminals fraudulently persuade individuals and companies to transfer funds -- on the rise,...
ABA Members Named to FDIC Advisory Committee Community Banking September 2, 2016 The FDIC today announced the appointment of eight new members to its Advisory Committee on Community Banking. With the new...
ABA Seeks Clarified Exam Procedures on MLA Changes Compliance and Risk September 2, 2016 With the Oct. 3 compliance deadline for the Department of Defense’s Military Lending Act rule bearing down, ABA today requested...
Global Regulatory Coordinators Continue Moves to Stem ‘Derisking’ Compliance and Risk September 1, 2016 The Basel, Switzerland-based Financial Stability Board published a report recently outlining steps taken in response to a decline in the...
Treasury Expands Ukraine, Russia-Related Sanctions Compliance and Risk September 1, 2016 The Treasury Department’s Office of Foreign Assets Control today imposed sanctions against 37 new individuals and entities related to the...
ABIA to Merge with ABA, Convert to Council Structure Insurance September 1, 2016 The American Bankers Insurance Association -- an ABA affiliate -- has voted to fully integrate with ABA, converting the ABIA...
