ABA today filed a comment letter on the federal banking agencies’ proposal to set a community bank leverage ratio at 9%.
ABA, its transaction banking subsidiary BAFT and other industry trade associations today urged the Consumer Financial Protection Bureau to continue permitting depository institutions to provide estimates of pricing information in remittance transfer disclosures where the exact amounts cannot reasonably be determined.
The U.S. Equal Employment Opportunity Commission announced in a court filing that it is delaying the deadline to Sept. 30, 2019, for employers to submit EEO-1 survey data for 2018.
A Q&A with ABA SVP Ryan Rasske on the latest professional development and technology trends shaping the compliance function.
Sens. Cory Gardner (R-Colo.) and Elizabeth Warren (D-Mass.) and Reps. Earl Blumenauer (D-Ore.) and David Joyce (R-Ohio) today introduced the States Act, a bipartisan bill that aims to resolve the conflict between state and federal laws on marijuana.
What bank leaders need to know about Foreign Corrupt Practices Act compliance.
The FDIC issued a letter to all banks today outlining gaps that some examiners had noted in banks’ contracts with technology vendors and reiterating regulatory requirements for these contracts.
As part of their efforts to mitigate financial stability risks associated with connections among the largest banks, the federal banking agencies today proposed a rule that would discourage the largest banks from purchasing large amounts of total loss-absorbing capacity debt issued by other large banks.
Regulatory agencies are focused on the growth of credit risk outside the banking industry, according to remarks by top officials at the ABA Washington Summit today.
While noting that it appreciates the bank regulators’ intent in their recent proposal to raise the thresholds at which bank directors or other management officials are prohibited from serving at more than one depository institution or holding company—and expressing support for an inflation-indexed increase in the thresholds—ABA today cautioned against an arbitrary asset threshold for defining a community bank.