On September 30, 2015, the Federal Reserve Board of Governors approved Hudson City’s $3.7 billion merger with M&T Bank. The merger is expected to close on November 1, 2015, pending approval by the New York State Department of Financial Services.
Browsing: Compliance and Risk
The Eleventh Circuit’s ruling creates a circuit split with the Third, Seventh, and Sixth Circuits through which these circuits held that a company that acquires debt in default, and then tries to collect on that debt, qualifies as a debt collector.
The Federal Financial Institutions Examination Council today released the 2014 Home Mortgage Disclosure Act data on mortgage lending transactions at 7,062 financial institutions.
With less than two weeks until the TILA-RESPA integrated disclosures take effect on Oct. 3, compliance officers can peruse ABA’s FAQ documents on TRID.
The Consumer Financial Protection Bureau today announced 2016 changes in dollar thresholds for several Regulation Z provisions governed by the CARD Act, the Home Ownership and Equity Protection Act and the Dodd-Frank Act.
The Departments of the Treasury and Commerce announced additional revisions to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), building on changes announced by President Obama in December.
The FDIC played an “inconsequential” role in the Justice Department’s Operation Choke Point, according to a report today from the agency’s independent inspector general.
Many credit unions have not filed any Bank Secrecy Act-mandated Suspicious Activity Reports or Currency Transaction Reports for the past two years, Financial Crimes Enforcement Network Director Jennifer Shasky Calvery told a credit union group yesterday.
The inspector general for the Consumer Financial Protection Bureau issued a report today spotlighting inaccuracies and process weaknesses in the CFPB’s consumer complaint database.