ABA to Host Free Webinar on Deposit Reconciliation Guidance
To help bankers understand recent regulatory guidance on deposit account discrepancies and ensure that supervisory expectations are clear, ABA will...
Compliance and Risk
Comment Period Extended for Proposed Recordkeeping Requirements
The FDIC last week announced that it will extend the comment period for proposed recordkeeping requirements for large FDIC-insured institutions.
CFPB Updates Rulemaking Agenda for Remainder of Year
The Consumer Financial Protection Bureau today updated its rulemaking agenda for the remainder of 2016. According to the agenda, the...
OCC Issues Guidance on Handling Money Market Funds
The OCC today issued guidance on money market mutual funds, or MMFs, for banks that offer MMFs to customers or...
Agencies Issue Guidance on Deposit Reconciliation
The federal banking agencies yesterday issued guidance on how financial institutions are to handle deposit discrepancies.
5 Legal Questions for Your New Product
By Jill Goldman, Esq.
Labor Department Issues Final Overtime Rule
The Department of Labor is today releasing its final rule doubling the salary level used to determine whether employees are...
Supreme Court Affirms ‘Injury in Fact’ Class Action Standard
In a 6-2 decision, the Supreme Court today affirmed the principle that plaintiffs seeking to bring class actions in federal...
ABA Welcomes OCC Regulatory Adjustment Proposal
ABA on Thursday welcomed a proposal from the OCC that would make several regulatory adjustments as part of its efforts...
FinCEN Spotlights Victories Triggered by BSA Reports
As part of the Financial Crimes Enforcement Network’s ongoing efforts to demonstrate that financial institutions’ Bank Secrecy Act reporting is...
