ABA, Trade Groups Call for Litigation Relief under TCPA
ABA and a coalition of business trade associations yesterday urged the House Judiciary Committee to rein in the incentives created...
Compliance and Risk
Treasury Department Issues Sweeping Regulatory Reform Recommendations
The Treasury Department tonight issued a 150-page report making dozens of recommendations for how Congress and regulatory agencies can streamline...
Supreme Court: Banks That Buy and Hold Debt Are Not ‘Debt Collectors’ under FDCPA
A bank that collects on debts it has bought and holds “for its own account” is not a debt collector...
ABA Announces Three Endorsements at Compliance Conference
ABA today announced three new Endorsed Solutions at the association’s Regulatory Compliance Conference in Orlando, Fla. The new endorsements, made...
ABA’s Regulatory Compliance Conference Kicks off in Orlando
Nearly 1,800 bankers and compliance experts convened in Orlando today for ABA’s annual Regulatory Compliance Conference.
Trades: Proposed Disclosure Model for Student Accounts Add No Value for Students
In a joint letter with the Consumer Bankers Association today, ABA offered feedback to the Department of Education on the...
OCC Addresses Bank Collaboration, Fintech in Vendor Risk FAQs
Responding to several questions flagged by ABA, the OCC today issued a set of frequently asked questions to help bankers...
FDIC Adopts Supervisory Guidance on Model Risk Management
The FDIC today announced that it is adopting the supervisory guidance on managing “model risk” that was previously issued by...
Agencies Clarify Interpretation on Lender-Placed Flood Insurance
In response to a query by ABA staff, the federal banking agencies recently provided clarifications on whether a lender charging...
Updates to Reg CC Encourage Faster Check Processing, Include Electronically-Created Items
The Federal Reserve today announced long-awaited changes to certain sections of Regulation CC, which implements the Expedited Funds Availability Act.
