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,...
Compliance and Risk
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...
ABA Urges CFPB to Solicit Public Comments on Arbitration Study
ABA and other trade groups last week urged the Consumer Financial Protection Bureau to solicit public comment on its recently...
Fed Seeks Comments on NACHA Same-Day Payments Rule
The Federal Reserve today requested comments on changes that the regional Federal Reserve Banks would make in connection to NACHA’s...
GSEs Issue New Seller, Servicer Eligibility Requirements
At the direction of the Federal Housing Finance Agency, Fannie Mae and Freddie Mac yesterday announced new standards that mortgage...
New FinCEN Deputy Director Named
FinCEN announced that Jamal El-Hindi will be FinCEN's new deputy director. El-Hindi joined FinCEN in 2006 where he was head...
Volcker Rule Compliance Deadline Approaches
Just two months remain before the Volcker Rule goes into effect on July 21, and ABA will host a conference...
ABA Finds Limited Credit Availability, Higher Credit Costs Since CARD Act
Surface benefits for consumers from the 2009 Credit CARD Act have been offset by significant negative effects, ABA told the...
ABA Welcomes Proposal Requiring Legal Entity IDs on Forms
ABA today welcomed the Federal Reserve’s proposal to require banking organizations to include their current 20-digit legal entity identifiers on...
FinCEN Underscores Culture of Compliance at BSA Conference
In remarks at the 2015 Bank Secrecy Act Conference in Las Vegas, Nevada on June 18, the Financial Crimes Enforcement...
