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The American Bankers Association, along with the Consumer Bankers Association and the Independent Community Bankers of America, filed a friend-of-the court brief on Thursday asking the Supreme Court to provide stability and uniformity to the Federal Communications Commission’s rules interpreting the Telephone Consumer Protection Act. The

The European Commission today issued its own list of 23 jurisdictions that it said have “strategic deficiencies” in their anti-money laundering and counter-terrorist financing frameworks.

The Consumer Financial Protection Bureau today released the lists of rural counties and rural or underserved counties that entities can use in 2019 to determine whether they are exempt from certain regulatory requirements.

With the House Financial Services Committee set to hold a hearing tomorrow on the challenge of banking marijuana-related businesses, ABA today submitted a statement for the record urging Congress to resolve the legal conflict that inhibits banks from serving MRBs operating legally at the state level.

In a letter to the Consumer Financial Protection Bureau today, ABA and three other trade groups offered their support for the bureau’s proposed changes to its 2016 no-action letter policy and its proposal to establish a “sandbox” where banks and nonbank fintech firms can test new products, services and delivery mechanisms.

Two-thirds of Americans live in a state, plus the District of Columbia and two territories, with some form of legalized cannabis.

In a letter to the Consumer Financial Protection Bureau and the Federal Reserve today, ABA offered feedback on the Fed’s 2011 proposal regarding funds availability under Reg CC, which was reopened for comment in November.

The Consumer Financial Protection Bureau today proposed to remove the prescriptive underwriting provisions from the small-dollar lending rule it issued in October 2017.

Speaking at a research symposium in Philadelphia today, Federal Reserve Governor Lael Brainard said that there is “general agreement” among stakeholders on the need to update the Community Reinvestment Act regulations.