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...
Compliance and Risk
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...
Education Department Rulemaking Targets Campus Bank Accounts
The Department of Education today published a proposed rule that would limit the kinds of arrangements colleges can make with...
OCC Releases Final Rule on Licensing Integration
The OCC today published a final rule to integrate the agency’s licensing rules for national banks and federal savings associations.
ABA Files Second Comment Letter on Regulatory Burden Review
ABA last week filed its second comment letter in response to the decennial EGRPRA regulatory burden review that the federal...
