FinCEN Chief: ‘Unusual Number’ of Credit Unions Not Filing SARs, CTRs
Many credit unions have not filed any Bank Secrecy Act-mandated Suspicious Activity Reports or Currency Transaction Reports for the past...
Compliance and Risk
CFPB Watchdog Highlights Inaccuracies in Consumer Complaints
The inspector general for the Consumer Financial Protection Bureau issued a report today spotlighting inaccuracies and process weaknesses in the...
Hensarling Challenges Campus Banking Proposal
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) yesterday wrote to the Department of Education challenging its proposed rule that...
ABA, Housing Groups Seek More Clarity on TRID
ABA and several housing and financial trade groups yesterday asked the federal banking agencies to issue formal joint guidance through...
ABA Advocacy Wins Changes, Accelerated Review of Call Report Burden
As part of its efforts to reduce Call Report burden, the banking agencies today advanced changes to the Call Report...
Eleventh Circuit Revises Miami’s Discriminatory Lending Case Against BofA, Citi, Wells
The Court noted in its opinion that on remand, the district court may need to review the City’s claims under...
ABA Foundation, AARP Release Infographic on Joint Bank Accounts
The ABA Foundation and AARP have produced an infographic to help seniors understand the risks of joint bank accounts, which...
