In a comment letter to the Consumer Financial Protection Bureau this week, ABA expressed support for a recent proposal to provide relief for smaller institutions from the Home Mortgage Disclosure Act data collection and reporting requirements.
The FDIC today released its first edition of Consumer Compliance Supervisory Highlights, a new publication intended to provide institutions with information and observations related to the agency’s consumer compliance supervision activities.
The federal banking agencies expect to issue a notice of proposed rulemaking to revise their Community Reinvestment Act regulations by the end of summer, Senior Deputy Comptroller of the Currency for Supervision Grovetta Gardineer said today at the American Bankers Association’s Regulatory Compliance Conference.
The federal banking agencies are working to reduce excessive supervisory burdens through automation and shared data submission, Consumer Financial Protection Bureau Director Kathy Kraninger said today at the ABA Regulatory Compliance Conference in New Orleans.
As previewed earlier this year by CFPB Director Kathy Kraninger, as part of its effort to clarify the meaning of “abusive acts or practices,” the bureau will host a symposium on June 25 in Washington, D.C.
Ahead of the House Financial Services Committee markup today, the American Bankers Association joined eight other financial trade organizations in support of Rep. Carolyn Maloney’s (D-N.Y.) bill (H.R. 2513) to counter the use of shell corporations to move illicit funds.
A group of 51 state bankers associations today wrote to House Financial Services Committee leaders in support of H.R. 2513, a bill introduced by Rep. Carolyn Maloney (D-N.Y.) calling for the Financial Crimes Enforcement Network to create a database of beneficial ownership information.
More than 1,800 bankers and compliance experts convened in New Orleans, La., yesterday for ABA’s annual Regulatory Compliance Conference.
The Consumer Financial Protection Bureau yesterday issued a final rule extending the compliance date for the mandatory underwriting provisions of its final rule governing short-term, small-dollar loans, from August 19, 2019, to November 19, 2020.
The Federal Communications Commission today voted unanimously to adopt a declaratory ruling permitting voice service providers to enroll customers automatically in a call-blocking program that is based on any reasonable analytics designed to identify unwanted calls.