ABA Supports Tailored Approach to Supplementary Leverage Ratio for GSIBs
In a comment letter today, ABA expressed support for a proposal by the Federal Reserve and the OCC that would...
Compliance and Risk
California Banker Challenges ‘Misinformation’ on S. 2155 HMDA Provision
Opponents of S. 2155 are spreading “misinformation” about what S. 2155 -- the bipartisan regulatory reform bill set for a...
Mulvaney: CFPB to Revisit ECOA Regulations, Submit Guidance for Congressional Review
As President Trump today signed a Congressional Review Act resolution invalidating the Consumer Financial Protection Bureau’s 2013 guidance on indirect...
Podcast: ITMs, Wealth Management and High-Touch Community Banking with Jim Edwards
For Jim Edwards, a third-generation banker and the chairman and CEO of United Bank Corp. in Zebulon, Ga., community banking...
ABA: CFPB Should Rely More on Supervisory Process, Not Enforcement Actions
In a comment letter to the Consumer Financial Protection Bureau today -- the third of 12 the association will submit...
FinCEN Temporarily Suspends Beneficial Ownership Requirements for Automatic Renewal Products
Responding to concerns raised by ABA and others in the banking industry, the Financial Crimes Enforcement Network announced today that...
Trades Support Fed Proposal to Harmonize Reg J, Reg CC
ABA earlier this week joined three other financial trade groups in offering support for a Federal Reserve proposal to harmonize...
Over-Emphasis on Enforcement at CFPB Leads to Inefficiency, ABA Says
The Consumer Financial Protection Bureau has to date over-emphasized enforcement activities as part of its regulatory toolbox, ABA said in...
FinCEN Clarifies Beneficial Ownership Reporting Requirements for Premium Finance Cash Refunds
As advocated by ABA, the Financial Crimes Enforcement Network today issued an administrative ruling to provide relief for institutions from...
Agencies Release Exam Procedures for Beneficial Ownership Rule
As the Financial Crimes Enforcement Network’s customer due diligence rule -- which includes a new requirement to verify “beneficial owners”...
