CFPB Finalizes Rule Dramatically Curtailing Arbitration Agreements
The Consumer Financial Protection Bureau today finalized a controversial rule that prohibits customers from waiving their ability to participate in...
Compliance and Risk
OCC: Compliance Risk Management Rising as Agency Supervisory Priority
The OCC is focusing on credit risk, compliance risk and strategic risk as its top supervisory priorities at community and...
Basel: Global Correspondent Banking Relationships Continue Decline
The number of worldwide correspondent banking relationships continues to decline, according to new figures released yesterday by the Basel, Switzerland-based...
ABA Calls for Streamlining of SEC Statistical Disclosure Requirements
In a comment letter to the Securities and Exchange Commission today, ABA recommended broad streamlining of the Industry Guide 3,...
Florida Banker: BSA/AML Rules Must Change with the Times
The regulatory framework put in place to prevent money laundering and stop the financing of terrorist activity should be updated...
CFPB Issues Policy Guidance on Compliance Dates for Servicing Rule Amendments
The Consumer Financial Protection Bureau today issued policy guidance stating that it does not intend to take supervisory or enforcement...
Agencies Invite Comments on Proposed Call Report Changes
The federal regulatory agencies are inviting public comments on additional revisions to the Call Report, which will take effect March...
Fed Gov. Powell Highlights Focal Points for Reg Reform
Noting the progress made over the last several years to improve the strength and resiliency of the U.S. financial system,...
Regulators to Support Further Reg Relief Measures in Hearing Tomorrow
The heads of the regulatory agencies are expected to endorse various proposals for regulatory relief tomorrow in a hearing in...
