ABA: Proposed HMDA Changes Warrant Further Discussion
In a comment letter today, the American Bankers Association provided feedback on the Consumer Financial Protection Bureau’s proposed technical changes...
Compliance and Risk
OCC Updates Policies Related to Violations of Laws, Regulations
The OCC today announced that it is updating several agency policies and processes related to violations of laws and regulations.
ABA Calls on CFPB to Examine Consumer Access to Remittance Services
As the Consumer Financial Protection Bureau prepares to assess the effectiveness of its final rule governing remittance transfers, ABA called...
Acosta: No Additional Delay for Fiduciary Rule
Labor Secretary Alexander Acosta today announced that the Department of Labor will not delay the June 9 effective date for...
U.S., Saudi Arabia Enhance Counter-Terrorist Financing Capabilities
As part of President Trump's overseas trip, the Treasury Department yesterday announced an agreement to establish a Terrorist Financing Targeting...
ABA Expresses Concern about Using Alternative Data for Credit Scoring
Banks are generally open to the idea of using alternative data sources -- such as mobile phone bills and rent...
Sens. Tester, Moran, Heitkamp Introduce Bill Easing Stress Test Burden
Sens. Jon Tester (D-Mont.), Jerry Moran (R-Kan.) and Heidi Heitkamp (D-N.D.) yesterday introduced a bill that would provide relief from...
A Marketing Compliance Social Alliance
By Sarah Oliver, CRCM
ABA Urges SEC to Withdraw, Revise Secondary Muni Market Disclosure Proposal
Expressing support for disclosure requirements for direct loans and purchases in the secondary municipal securities market, ABA expressed concern today...
Top Risks for Banks in 2017
With interest rates on the rise and new leadership in D.C., risk conditions on the ground are considerably different today...
