Remittance Rule Led to Additional Compliance Costs, Delayed Transfers
The Consumer Financial Protection Bureau’s rule on remittance transfers has resulted in initial compliance costs for remittance transfer providers of...
Compliance and Risk
CFPB to Extend Compliance Date, Revisit Small-Dollar Loan Rule
The Consumer Financial Protection Bureau expects to delay the compliance date and revisit certain provisions of its small-dollar lending rule.
FSSCC, Financial Trade Associations Unveil New Cybersecurity Profile
As banks continue to struggle with cybersecurity compliance, the American Bankers Association and several financial trade groups -- under the...
ABA Continues Push for New TCPA Rules
In a comment letter submitted to the Federal Communications Commission on Wednesday, ABA continued its push for new rules to...
FDIC to Rescind Duplicative Disclosure Requirement
The FDIC is set to issue a proposal that would rescind Part 350 from the Code of Federal Regulations, removing...
FDIC’s McWilliams Focusing on Promoting Innovation, Simplifying Supervision
The FDIC is pivoting to focus on innovation and simplicity in supervision, FDIC Chairman Jelena McWilliams told attendees at ABA’s...
CFPB Updates Rulemaking Agenda for Fall 2018
The Consumer Financial Protection Bureau yesterday updated its rulemaking agenda for the remainder of 2018.
Agencies Release Updated FAQs on Appraisal Regulations
In response to recent questions concerning appraisal regulations and guidance, the federal banking agencies today issued a set of FAQs...
Mulvaney: CFPB to Provide Clarity on UDAAP Standard
The Consumer Financial Protection Bureau will likely issue a rule to define what kinds of practices it considers "abusive" under...
