Banks Join DOJ’s Swiss Bank Program
The Justice Department announced last week that four banks — Société Générale Private Banking (Lugano-Svizzera), MediBank AG, LBBW (Schweiz) AG,...
Compliance and Risk
CFPB Offers Limited Assurances on TRID Enforcement
Consumer Financial Protection Bureau Director Richard Cordray told members of Congress yesterday that when enforcing the TILA-RESPA integrated mortgage disclosures...
ABA: CFPB Information-Gathering Powers Must Be Reformed
ABA yesterday said that the Consumer Financial Protection Bureau’s expansive authority to gather information under Section 1022 of the Dodd-Frank...
New ABA Webpage Details FAQs on TRID
With the Aug. 1 TILA/RESPA integrated disclosure implementation date approaching soon and members facing questions about the complex new requirements,...
Three Proactive Ways to Compliant Background Screening
Top tips: Provide clear and conspicious disclosures, conduct thorough documentation and "ban the box."
FDIC, OCC Release Q3 CRA Exam Schedules
The FDICand OCC have released their third-quarter Community Reinvestment Act examination schedules, covering July through September 2015.
Agencies Begin Third Phase of Expanded EGRPRA Review
The Federal Reserve, FDIC and OCC on Friday launched the third round of comments in the decennial Economic Growth and...
FCC Expected to Exempt Mobile Fraud Alerts from TCPA
Federal Communications Commission Chairman Tom Wheeler yesterday circulated a summary of his proposal to clarify the Telephone Consumer Protection Act’s...
FinCEN Discusses New Model for Information Sharing
The Financial Crimes Enforcement Network is exploring ways of more effectively sharing information in the fight against money laundering/terrorist financing,...
Members of Congress Issue Bipartisan Call for TRID Grace Period
Hundreds of lawmakers wrote to the Consumer Financial Protection Bureau last week urging Director Richard Cordray to provide an enforcement...
