CFPB Updates Rulemaking Agenda for Remainder of 2018, Early 2019
The Consumer Financial Protection Bureau yesterday updated its rulemaking agenda for the remainder of 2018.
Compliance and Risk
The Interest Rate Icebergs Looming for Banks
Banks are bringing increasing sophistication to measuring and managing interest rate risk and other intersection risks.
DOJ’s Rosenstein Announces New Policy to Prevent ‘Piling On’
Deputy Attorney General Rod Rosenstein today announced a new Justice Department policy that encourages DOJ units and other law enforcement...
FinCEN Recognizes Law Enforcement Successes Resulting from BSA Reporting
At its annual Law Enforcement Awards ceremony today, the Financial Crimes Enforcement Network recognized several state and federal law enforcement...
House Votes to Overturn CFPB Indirect Auto Lending Guidance
The House today reversed the Consumer Financial Protection Bureau’s 2013 guidance on indirect auto lending.
As Refis Dry Up, Mortgage Originations Fall in 2017, HMDA Data Shows
The Federal Financial Institutions Examination Council today released the 2017 Home Mortgage Disclosure Act data on mortgage lending transactions at 5,852 financial...
FSB Proposes Draft Data Set for Compensation Data Reporting
As part of its broader effort to address misconduct risk at large, globally active banks, the Basel, Switzerland-based Financial Stability...
ABA Issues Policy Recommendations on Fintech
As the Treasury prepares to issue its report on nonbank fintech issues, ABA today released a white paper featuring several...
Court Rebuffs Efforts to Appeal Decision Vacating Fiduciary Rule
The Fifth Circuit Court of Appeals today blocked third-party efforts to appeal its March ruling that vacated the Department of...
ABA Welcomes Fed Proposal on Appeals Process
ABA yesterday welcomed the Federal Reserve's recently proposed amendments to its appeals process guidelines and urged more action by the...
