OCC: Technology Must Not Impede Regulator Access to Records
The OCC today reminded banks of their obligation to provide regulators full and unimpeded access to their books and records,...
Compliance and Risk
The New Fiduciary Rule and You
By Kate Young
Fed Launches Off-Site Reviews for Electronic Loan Records
The Federal Reserve today announced that the banking organizations it supervises with less than $50 billion in assets may choose...
ABA Survey: QM Lending Dipped in 2015
The percentage of Qualified Mortgages originated by banks declined in 2015, falling to 86 percent from 90 percent in 2014,...
OCC Names Deputy Comptroller for Compliance Risk
The OCC today announced that Donna Murphy has been named deputy comptroller for compliance risk.
GAO: Regulators Could Improve Transparency around ‘Living Wills’
A lack of transparency surrounding the process by which federal regulators assess the “living wills” submitted by the nation’s largest...
FinCEN Chief Digs Into Cash Real Estate Targeting Orders
Financial Crimes Enforcement Network Director Jennifer Shasky Calvery today shed light on FinCEN’s recently issued Geographic Targeting Orders aimed at...
The Final Overtime Rule Is Coming Soon. Here’s How to Begin Preparing
Converting an employee from exempt to nonexempt status is never easy. But reclassifications will be inevitable in almost every organization.
ABA, Groups Seek Clarifications on Military Lending Rules
The American Bankers Association and several other bank and credit union trade groups are urging the Department of Defense to...
Hoenig Pitches Regulatory Relief Plan Again
Speaking at the agency’s community banking conference today, FDIC Vice Chairman Thomas Hoenig again offered a “legislative remedy” for excessive...
